UK furniture manufacturing sales fall during 2022

The total value of furniture manufacturers’ product sales during 2022 were just shy of £8bn, but was down when compared to the previous year.

According to the latest data from the Office for National Statistics (ONS), the total value of UK manufacturers’ product sales was £429.8bn in 2022, an increase of £28.4bn, or by 7% from £401.5bn in 2021.

Within the furniture manufacturing sector, the total value of sales was £7.7bn, down 1.2% from £7.8bn in 2021. However, this figure was up by 20.3% and 5.3% when compared 2020 sales of £6.4bn and 2019 sales of £7.3bn.

Over a 10-year period, the total value of sales has grown by 28.3% from £6bn in 2012.

Looking further into this category, the value of mattress manufacturers’ product sales for 2022 was £793m, down 10.7% from £889m in 2021. It is an improvement from 2020, when sales stood at £730m, but was the second lowest value of sales generated in the last seven years.

Mattresses with spring interiors made up the majority of sales at £497.5m, although this was down by 11.8% from £564.2m in 2021 with volumes also reducing from 3.4 million to 2.9 million.

In other areas, upholstered seats with wooden frames saw sales of £939.6m, down 2.9% from £968.5m in 2021, while sofabed sales valued £11.7m, up 88.7% from £6.2m the previous year. Upholstered seats with metal frames saw sales of £148.4m, slightly down from £149.7m.

Wooden furniture for the bedroom saw sales value £592.4m, down 10.7% from £664m, while wooden furniture for the dining room and living room experienced a decline of 47.6% to £103.3m from £197.4m. This was due to a reduction in volumes by 35%, down from 1.1 million to 707,000.

As for the manufacture of kitchen furniture, total value of sales was £2.22bn, slightly up from £2.20bn in 2021, while office and shop furniture manufacturers’ sales resulted at £1.2bn, up from £1.1bn.

The ONS indicated that high energy costs and the impact of the rising cost-of-living were some of the main reasons manufacturers reported declining production or sales.

Save this article for later

You can revisit this article if you save it as favourite news!

Leave a Comment

MORE ARTICLES