Italian exports of wooden furniture to the Chinese market have fallen sharply by 9.9%. This decline comes amid slowing demand for luxury goods in the world’s second-largest economy. Observers noted that changing consumption patterns and a more cautious approach to spending have impacted sales. Global economic challenges have also contributed to reduced demand for high-value furniture. China is a key market for Italian luxury furniture exports, and experts believe that companies may diversify their markets to offset the decline. Exports are expected to continue to be affected unless consumer demand in China improves.
