From January to March 2023, the furniture production volume in Uzbekistan reached 565 billion soums. This represents a 19.4% increase to the corresponding period of the previous year in current prices, not adjusted for inflation. Furniture production in physical terms (units) increased by 10.5% year-over-year in the period under review.
The reported amount is an equivalent of 50 million USD. The average currency exchange rate was 11,342.98 UZS for 1 USD since the beginning of the year.
In March itself, the monthly production volume was down by 1.9% compared with the same period a year ago.
The production data provided here is a preliminary estimate made by The State Committee of the Republic of Uzbekistan on Statistics are subject to change later on. The updated numbers and most actual data shall be included into our extended Market Reports.