Italian wood sector faces challenges in 2023

The variations reported by Istat in revenue (-14.9%) and production (-13.9%) in the Italian wood sector, as well as revenue (-0.1%) and production (-5.4%) in furniture in the first half of 2023 compared to the same period in 2022, are clear signs of the wood-furniture sector navigating through uncertainty and dealing with an evolving situation that is expected to persist throughout 2023 and possibly beyond. It is evident that the decrease in demand for furniture has corresponded to a decline in wood production as well. Wood revenues have increased significantly in the past two ...