Lithuanian wood industry on the road to recovery

In 2023 The Lithuanian wood and furniture industry, which has experienced a strong contraction in production, seems to have overcome the most difficult period - data shows that most Lithuanian wood and furniture companies already have insufficient inventory levels. Indicators promising recovery  The production dynamics of the wood and furniture sector has a significant impact on the overall results of Lithuanian manufacturing production. According to the data of the State Data Agency, in 2023 companies in this sector produced 17 percent. from the entire Lithuanian manufacturing industry production. However, the wood and furniture industry recently stood out not only ...