Polish furniture and household appliance manufacturers are seeing signs of recovery at home but remain dependent on demand from Western Europe, where economic sluggishness continues to weigh on exports.
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Domestic retail sales in July rose by 4.8% year-on-year, with a notable 15.3% increase in durable goods such as furniture, electronics, and appliances. Analysts from Alior Bank note that improving consumer sentiment and the prospect of interest rate cuts could sustain this momentum.
However, exporters such as Amica are still grappling with weaker sales in key Western markets, particularly Germany, where declining consumer spending has hurt revenues. Financial results for the second quarter and first half of 2025 are due in September and are expected to reflect these pressures.
Furniture maker Forte, meanwhile, has shown signs of resilience following a successful restructuring programme that improved efficiency and profitability. For the first quarter of its 2025/26 fiscal year, the company reported an operating profit of 23.7 million PLN, up from 9.1 million PLN a year earlier, with EBITDA rising 63% to 37.7 million PLN.
Industry experts caution that while conditions remain challenging, controlled costs and easing monetary policy could set the stage for gradual recovery in the sector.
Source: www.parkiet.com
