Luxembourg: manufacture of furniture production value 2020

The production value of the furniture manufacturing industry in Luxembourg declined to 15.1 million euros in 2020. In 2020, the production value thereby reached its lowest value in the recent years.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more statistics on the furniture manufacturing industry in Luxembourg with key insights such as number of enterprises, turnover, and personnel costs.

Production value of the furniture manufacturing industry in Luxembourg from 2011 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	15.1
2019	17.6
2018	17.5
2017	15.8
2016	15.9
2015	16.9
2014	17.7
2013	17.2
2012	16.9
2011	18.8

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Release date

March 2023

More information

Region

Luxembourg

Survey time period

2011 to 2020

Supplementary notes

The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to Section C31 of NACE Rev2.

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