{ "id": "market_hub/rs_furniture", "slug": "serbia-furniture-market-hub", "title": "Serbia Furniture Market Hub", "description": "Country market hub for the Serbia furniture market, built from Furnilytics indicator pages and reusable supplemental market calculations.", "country": { "name": "Serbia", "geo": "RS", "role": "export-oriented Southeast European furniture market with growing domestic demand" }, "market": { "name": "Furniture", "scope": "Furniture retail, production, consumption, exports, imports, exchange-rate and demand context" }, "generated_at": "2026-07-06T04:55:08.440657+00:00", "market_data_updated_at": "2026-07-05", "refresh_frequency": "monthly", "page": { "canonical_path": "/market/serbia-furniture-market-hub/", "left_navigation": true, "source_reference_style": "numeric_notes", "draft_slug": "serbia-furniture-market-hub", "meta_title": "Serbia Furniture Market Hub | Furnilytics", "meta_description": "Monthly Serbia furniture market hub with consumer demand, retail turnover, production, exports, imports, producer prices, housing, confidence, search and RSD/EUR indicators.", "tags": [ "market-hubs", "#market-hubs", "#mi-markets", "#mi-serbia" ] }, "source_references": [ { "ref": 1, "key": "consumer_market_size", "title": "Serbia Furniture Consumer Market Size", "url": "/indicators/retail/market-size/serbia-furniture-consumer-market-size/", "path": "docs/serbia-furniture-consumer-market-size.json", "role": "Market size", "last_refresh": "2026-07-05" }, { "ref": 2, "key": "retail_turnover", "title": "Serbia Furniture Retail Market Size", "url": "/indicators/retail/market-size/serbia-furniture-retail-turnover/", "path": "docs/serbia-furniture-retail-turnover-yearly.json", "role": "Retail", "last_refresh": "2026-07-01" }, { "ref": 3, "key": "production_turnover", "title": "Serbia Furniture Production Market Size", "url": "/indicators/industry/market-size/serbia-furniture-production-turnover/", "path": "docs/serbia-furniture-production-turnover.json", "role": "Industry", "last_refresh": "2026-06-29" }, { "ref": 4, "key": "producer_price", "title": "Serbia Furniture Producer Price Index", "url": "/indicators/industry/indexes/serbia-furniture-producer-price-index/", "path": "docs/serbia-furniture-producer-price-index.json", "role": "Price pressure", "last_refresh": "2026-07-04" }, { "ref": 5, "key": "exports_yearly", "title": "Serbia Furniture Exports by Year", "url": "/indicators/industry/trade/serbia-furniture-exports/", "path": "docs/industry-serbia-furniture-exports-yearly.json", "role": "Exports", "last_refresh": "2026-07-05" }, { "ref": 6, "key": "exports_by_country", "title": "Serbia Furniture Exports by Country", "url": "/indicators/industry/trade/serbia-furniture-exports-by-country/", "path": "docs/industry-serbia-furniture-exports-by-country.json", "role": "Exports", "last_refresh": "2026-07-05" }, { "ref": 7, "key": "imports_yearly", "title": "Serbia Furniture Imports by Year", "url": "/indicators/industry/trade/serbia-furniture-imports/", "path": "docs/industry-serbia-furniture-imports-yearly.json", "role": "Imports", "last_refresh": "2026-07-05" }, { "ref": 8, "key": "imports_by_country", "title": "Serbia Furniture Imports by Country", "url": "/indicators/industry/trade/serbia-furniture-imports-by-country/", "path": "docs/industry-serbia-furniture-imports-by-country.json", "role": "Imports", "last_refresh": "2026-07-05" }, { "ref": 9, "key": "import_share", "title": "Serbia Furniture Import Share", "url": "/indicators/industry/trade/serbia-furniture-import-share/", "path": "docs/industry-serbia-furniture-import-share-yearly.json", "role": "Import exposure", "last_refresh": "2026-07-05" }, { "ref": 10, "key": "exchange_rate", "title": "RSD per EUR Exchange Rate", "url": "/indicators/macroeconomics/exchange-rates/rsd-eur-exchange-rate/", "path": "docs/rsd-eur-exchange-rate.json", "role": "Currency", "last_refresh": "2026-06-26" }, { "ref": 11, "key": "housing_market_activity", "title": "Serbia Housing Market Activity", "url": "/indicators/macroeconomics/housing/serbia-housing-market-activity/", "path": "docs/housing_market_rs.json", "role": "Macroeconomics", "last_refresh": "2026-07-05" }, { "ref": 12, "key": "consumer_confidence", "title": "Serbia Consumer Confidence", "url": "/indicators/macroeconomics/consumer-sentiment/serbia-consumer-confidence/", "path": "docs/consumer_confidence_rs.json", "role": "Macroeconomics", "last_refresh": "2026-06-29" }, { "ref": 13, "key": "product_search", "title": "Serbia Furniture Product Search Trend", "url": "/indicators/retail/online/serbia-furniture-products-search-trend/", "path": "docs/web_search_trends_product_rs.json", "role": "Retail demand context", "last_refresh": "2026-07-05" } ], "summary": { "headline": "Serbia is an export-oriented Southeast European furniture market with a growing domestic demand base and a meaningful local production role. The Serbia furniture market is shaped by household spending, specialist retail activity, production turnover, exports, imports, housing activity, consumer confidence, online product-search interest and the RSD/EUR exchange rate.", "context": "This monthly refreshed Serbia Furniture Market Hub brings together furniture market data on market size, retail demand, manufacturing activity, producer prices, trade flows, currency movement and macro demand signals in one country briefing.", "purpose": "It helps readers assess Serbian furniture market trends, compare domestic demand with production and export exposure, and understand how local-currency market growth interacts with euro-denominated trade and regional buyer markets." }, "key_measurements": [ { "id": "consumer_market_size", "label": "Consumer market size", "section": "market_size", "indicator_key": "consumer_market_size", "indicator_ref": 1, "period": "2025", "value": 96565.9, "unit": "RSD million", "previous_period": "2024", "previous_value": 85762.7, "change_abs": 10803.2, "change_pct": 12.6, "secondary_value": 823.9, "secondary_unit": "EUR million", "status": "Expanding", "context": "+12.6% annual change" }, { "id": "retail_turnover", "label": "Retail market size", "section": "retail", "indicator_key": "retail_turnover", "indicator_ref": 2, "period": "2025", "value": 58627.9, "unit": "RSD million", "previous_period": "2024", "previous_value": 52072.8, "change_abs": 6555.1, "change_pct": 12.59, "secondary_value": 500.2, "secondary_unit": "EUR million", "short_term_yoy_pct": 12.96, "context": "+13.0% six-month YoY", "status": "Expanding" }, { "id": "production_turnover", "label": "Production market size", "section": "industry", "indicator_key": "production_turnover", "indicator_ref": 3, "period": "2025", "value": 94286.4, "unit": "RSD million", "previous_period": "2024", "previous_value": 97543.5, "change_abs": -3257.1, "change_pct": -3.34, "secondary_value": 804.4, "secondary_unit": "EUR million", "short_term_yoy_pct": -3.53, "status": "Under pressure", "context": "-3.5% six-month YoY" }, { "id": "producer_price", "label": "Producer price index", "section": "industry", "indicator_key": "producer_price", "indicator_ref": 4, "period": "2026-05-01", "value": 121.4, "unit": "Index [2021=100]", "previous_period": "2026-04-01", "previous_value": 121.3, "change_abs": 0.12, "change_pct": 0.1, "yoy_pct": -0.0, "previous_year_value": 121.4, "previous_year_date": "2025-05", "short_term_yoy_pct": 0.39, "status": "Easing pressure", "context": "+0.4 pp six-month YoY" }, { "id": "exports_yearly", "label": "Furniture exports", "section": "supply_chain", "indicator_key": "exports_yearly", "indicator_ref": 5, "period": "2025", "value": 96.55, "unit": "RSD billion", "previous_period": "2024", "previous_value": 87.57, "change_abs": 8.98, "change_pct": 10.25, "secondary_value": 0.82, "secondary_unit": "EUR billion", "export_recent_change_pct": 10.25, "status": "Export growth", "context": "+10.2% latest export change" }, { "id": "imports_yearly", "label": "Furniture imports", "section": "supply_chain", "indicator_key": "imports_yearly", "indicator_ref": 7, "period": "2025", "value": 32.99, "unit": "RSD billion", "previous_period": "2024", "previous_value": 30.98, "change_abs": 2.01, "change_pct": 6.49, "secondary_value": 0.28, "secondary_unit": "EUR billion", "status": "Expanding", "context": "91.9% above the 2018 trough" }, { "id": "import_share", "label": "Import share", "section": "supply_chain", "indicator_key": "import_share", "indicator_ref": 9, "period": "2025", "value": 34.2, "unit": "Import share [%]", "previous_period": "2024", "previous_value": 36.1, "change_abs": -1.9, "change_pct": -5.26, "status": "Medium dependence", "context": "-1.9 pp recent change" }, { "id": "export_to_production_ratio", "label": "Export exposure", "section": "supply_chain", "indicator_key": "exports_yearly", "indicator_ref": 5, "period": "2025", "value": 102.4, "unit": "Export share [%]", "derived_from": [ "exports_yearly", "production_turnover" ], "derived_from_refs": [ 5, 3 ], "note": "Derived as annual export value divided by production turnover. Values can differ from a domestic-demand reading because export values and production turnover can differ in scope, margins and re-export activity.", "status": "High export exposure", "context": "exports relative to production turnover" }, { "id": "exchange_rate", "label": "RSD per EUR", "section": "currency", "indicator_key": "exchange_rate", "indicator_ref": 10, "period": "2026-06-01", "value": 117.4, "unit": "RSD per EUR", "previous_period": "2026-05-01", "previous_value": 117.4, "change_abs": -0.03, "change_pct": -0.03, "short_term_yoy_pct": 0.18, "status": "FX broadly stable", "context": "+0.1% YoY" }, { "id": "housing_market_activity", "label": "Housing market activity", "section": "macroeconomics", "indicator_key": "housing_market_activity", "indicator_ref": 11, "period": "2026-05-01", "value": 129.9, "unit": "Index [2019=100]", "previous_period": "2026-04-01", "previous_value": 129.1, "change_abs": 0.77, "change_pct": 0.6, "short_term_yoy_pct": 35.27, "status": "Strong; strong expansion", "context": "+30 pts vs 2019" }, { "id": "consumer_confidence", "label": "Consumer confidence", "section": "macroeconomics", "indicator_key": "consumer_confidence", "indicator_ref": 12, "period": "2026-05-01", "value": -4.5, "unit": "Balance [PP]", "previous_period": "2026-04-01", "previous_value": -3.4, "change_abs": -1.1, "change_pct": -32.35, "short_term_yoy_pct": 0.57, "short_term_change_abs": 0.02, "status": "Weakening", "context": "-1.1 pp recent change" }, { "id": "product_search", "label": "Product search trend", "section": "retail", "indicator_key": "product_search", "indicator_ref": 13, "period": "2026-05-01", "value": 101.5, "unit": "Index", "previous_period": "2026-04-01", "previous_value": 108.4, "change_abs": -6.92, "change_pct": -6.38, "short_term_yoy_pct": 6.01, "status": "Softening", "context": "32.2% below 2020 peak" } ], "page_content": { "intro": [ "Serbia is an export-oriented Southeast European furniture market with a growing domestic demand base and a meaningful local production role. The Serbia furniture market is shaped by household spending, specialist retail activity, production turnover, exports, imports, housing activity, consumer confidence, online product-search interest and the RSD/EUR exchange rate.", "This monthly refreshed Serbia Furniture Market Hub brings together furniture market data on market size, retail demand, manufacturing activity, producer prices, trade flows, currency movement and macro demand signals in one country briefing.", "It helps readers assess Serbian furniture market trends, compare domestic demand with production and export exposure, and understand how local-currency market growth interacts with euro-denominated trade and regional buyer markets." ], "market_snapshot": [ "Serbia is positioned as an export-oriented Southeast European furniture market with rising domestic demand, supported by a strong housing market activity index that indicates robust expansion compared to pre-2019 levels. This suggests a favorable environment for retail growth, as household spending continues to increase, evidenced by a significant annual change in consumer market size. However, consumer confidence is currently weakening, which may pose a headwind for sustained demand in the near term [1]. Retail 6-month momentum is +13.0% year over year, supporting a positive near-term demand read. [2]", "The furniture sector is experiencing notable retail turnover growth, reflecting a positive retail landscape despite production turnover facing pressure. The export market remains strong, with a healthy growth rate, indicating Serbia's competitive position in regional trade. The exchange rate stability against the euro further supports export activities, enhancing the market's attractiveness for international buyers [5]. The latest export trend is +10.2%, which frames the external demand signal for producers. [5]" ], "key_findings": [ "Serbia is an export-oriented Southeast European furniture market with rising domestic demand and relevant regional trade links. Consumer market size is 96,565.9 RSD million [1], while the specialist furniture retail market is 58,627.9 RSD million [2]. The market's current position is best described as expanding with +12.6% annual change.", "Retail demand, production and price pressure need to be read together. Retail is expanding, with +13.0% six-month YoY, while production is under pressure at 94,286.4 RSD million [3], with -3.5% six-month YoY.", "Export exposure is also material at 102.4% [5], with exports relative to production turnover. The macro backdrop is strong; strong expansion, with housing activity at 129.9 index points [11], +30 pts vs 2019. Overall, the market structure links foreign demand, manufacturing pressure and domestic retail momentum." ], "sections": [ { "section_id": "market_size", "title": "Market Size & Consumption", "paragraphs": [ "The consumer market size for furniture in Serbia is currently expanding, with a value of 96,565.9 RSD million (approximately EUR 820 million) and a notable annual change of +12.6% [1]. This growth reflects a robust demand environment, driven by both export-oriented activities and increasing domestic consumption. The upward trajectory indicates a strengthening market position, which is essential for stakeholders in retail and production sectors to capitalize on emerging opportunities.", "In terms of retail dynamics, the furniture market in Serbia has shown resilience, with year-on-year growth rates of 13.5% and 12.4% in recent periods [2]. This performance underscores a favorable consumption landscape, suggesting that consumer confidence is on the rise. The interplay between domestic demand and export capabilities positions Serbia as a competitive player in the Southeast European furniture market, further enhancing its attractiveness for investment and strategic partnerships." ], "indicator_refs": [ 1 ] }, { "section_id": "retail", "title": "Retail & Demand", "paragraphs": [ "The Serbian furniture retail market is currently expanding, with a market size of 58,627.9 RSD million (approximately EUR 496 million), reflecting a 13.0% increase year-on-year [2]. This growth is indicative of a robust domestic demand, which is crucial for the overall health of the furniture sector in Serbia, especially as the country positions itself as an export-oriented market within Southeast Europe.", "Despite the positive retail turnover, the product search trend has softened, currently at 101.5 index points, which is 32.2% below the peak observed in 2020 [13]. This divergence between retail growth and product search activity suggests potential challenges in sustaining momentum, as consumer interest may be waning. The market must navigate these dynamics to ensure continued growth in both production and consumption." ], "indicator_refs": [ 2, 13 ] }, { "section_id": "industry", "title": "Industry & Production", "paragraphs": [ "The Serbian furniture market is currently experiencing pressure, with a production market size of 94,286.4 RSD million (approximately EUR 800 million) reflecting a -3.5% decline year-on-year. This contraction indicates a challenging environment for domestic producers, which may impact their ability to meet both local and export demand, particularly as the market is characterized by an export-oriented focus alongside growing domestic consumption [3].", "Despite the current pressures, the producer price index has shown signs of easing, currently at 121.4 index points, which is a slight increase of +0.4 percentage points year-on-year. This suggests that while production turnover is under strain, the cost pressures on producers may be stabilizing, potentially allowing for a more favorable pricing environment in the near term [4]." ], "indicator_refs": [ 3, 4 ] }, { "section_id": "supply_chain", "title": "Trade & Competitiveness", "paragraphs": [ "Serbia's furniture market is characterized by a high export exposure, with exports accounting for 102.4% of production turnover [5]. This indicates a robust reliance on international markets, particularly in the context of growing domestic demand. The latest figures reveal that furniture exports reached 96.5 billion RSD (approximately 820 million EUR), reflecting a notable growth of 10.2% [5]. This upward trend in exports suggests a strengthening position for Serbian furniture in global markets, which may enhance competitiveness and stimulate further investment in production capabilities.", "On the import side, Serbia's furniture imports have expanded significantly, totaling 33.0 billion RSD (around 290 million EUR), which is 91.9% above the 2018 trough [7]. The import share stands at 34.2%, indicating a medium dependence on foreign suppliers [9]. Key sourcing countries include China and Turkey, which together account for a substantial portion of imports [8]. This reliance on imports, coupled with a strong export performance, highlights a complex supply chain dynamic that could influence pricing strategies and market stability in the domestic furniture sector." ], "indicator_refs": [ 5, 6, 7, 8, 9, 3 ] }, { "section_id": "currency", "title": "Currency & Exchange Rate", "paragraphs": [ "The Serbian furniture market operates within a broadly stable exchange rate environment, with the current rate at 117.4 RSD per EUR, reflecting a slight increase of 0.1% year-on-year [10]. This stability is crucial for both domestic demand and export-oriented production, as it minimizes currency risk for manufacturers and retailers engaged in international trade.", "In the context of Serbia's growing domestic demand for furniture, the stable exchange rate supports consistent pricing strategies for local consumers while maintaining competitive export conditions. The exchange rate has shown minor fluctuations, with values ranging from 117.315 to 117.4 RSD per EUR in 2026 [10]. Such stability is likely to encourage investment in production capacity and enhance the overall resilience of the market." ], "indicator_refs": [ 10 ] }, { "section_id": "macroeconomics", "title": "Macroeconomics", "paragraphs": [ "Serbia's furniture market is currently characterized by strong housing market activity, with an index value of 129.9 points, indicating robust expansion and a significant increase of 30 points compared to 2019 [11]. This growth is likely to stimulate domestic demand for furniture, as increased housing activity typically correlates with higher consumption of home furnishings, thereby benefiting local production and retail sectors.", "Conversely, consumer confidence has weakened, currently at -4.5 points, reflecting a recent decline of 1.1 percentage points [12]. This weakening sentiment may pose challenges for the furniture market, as lower consumer confidence can dampen spending on non-essential goods, including furniture. The interplay between strong housing market activity and declining consumer confidence suggests a complex landscape for Serbia's furniture sector, where growth in housing may not fully translate into sustained demand." ], "indicator_refs": [ 11, 12 ] } ], "methodology_note": "This market hub combines multiple Furnilytics indicators into a single country-level furniture market overview. The source layer includes linked indicator pages for demand, specialist retail turnover, production, trade, pricing and macroeconomic context, plus deterministic supplemental calculations where the hub needs comparable market structure metrics. Consumer market size captures household furniture spending, while retail market size captures specialist furniture-store turnover; production and trade metrics describe the industry and supply side. Detailed source notes, definitions, chart payloads, latest-data tables and methodology explanations remain available on the underlying indicator pages listed in the Sources section.", "faq": [ { "question": "What does the Serbia Furniture Market Hub cover?", "answer": "The Serbia Furniture Market Hub brings together the main indicators needed to assess Serbia as a furniture demand market, specialist retail market, production base and export-linked furniture economy." }, { "question": "Why are production and exports important for Serbia?", "answer": "Serbia has a relevant domestic furniture industry and exports more furniture than it imports. Production and export indicators help show whether manufacturing activity is linked to local demand, international demand or both." }, { "question": "What is the difference between consumer market size and retail market size?", "answer": "Consumer market size captures household furniture spending. Retail market size captures specialist furniture-store turnover, so the scope can differ by product mix and sales channel." }, { "question": "Why are values shown primarily in Serbian dinar?", "answer": "Serbian dinar is the local-market currency and gives the clearest view of domestic turnover, production value and local demand. Euro values remain useful for international comparison and trade analysis where the underlying indicators include euro-adjusted fields." }, { "question": "Why is the RSD/EUR exchange rate included?", "answer": "The RSD/EUR exchange rate affects euro-denominated comparisons, import costs, export competitiveness and the translation of Serbian furniture market values." }, { "question": "How should Serbia trade indicators be interpreted?", "answer": "Exports show Serbia's exposure to foreign buyer markets and regional furniture demand, while imports and import share show the role of foreign supply in the domestic furniture market." }, { "question": "How often is the Serbia Furniture Market Hub updated?", "answer": "The Serbia hub is designed to refresh monthly when the underlying indicators and market-hub calculations are updated." }, { "question": "Where does the Serbia market data come from?", "answer": "The hub is built from linked Furnilytics indicator pages covering Serbian furniture demand, retail, production, prices, trade, currency and macroeconomic context." }, { "question": "How current is the market hub data?", "answer": "Most monthly indicators in the market hub are generally published with about a three-month reporting lag. Annual market-size indicators can follow a separate source schedule and update when full-year data becomes available." } ], "generation": { "mode": "ai_sectioned", "ai_blocks": [ { "block": "market_snapshot", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:market_size", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:retail", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:industry", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:supply_chain", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:currency", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:macroeconomics", "model": "gpt-4o-mini", "attempt": 1 } ], "fallback_blocks": [] } }, "sections": [ { "id": "summary", "title": "Summary", "summary": "Key measurements for the Serbia furniture market.", "main_indicator": "", "main_graph": null, "extra_graphs": [], "metric_card_ids": [ "consumer_market_size", "retail_turnover", "production_turnover", "producer_price", "exports_yearly", "export_to_production_ratio", "import_share", "housing_market_activity" ], "supplemental_table_ids": [], "indicator_refs": [ 1, 2, 3, 4, 5, 6, 9, 11 ] }, { "id": "market_size", "title": "Market Size & Consumption", "summary": "Buyer-side furniture demand in Serbian dinar with euro comparison context.", "main_indicator": "consumer_market_size", "main_graph": { "id": "consumer_market_size_main_graph", "indicator_key": "consumer_market_size", "indicator_ref": 1, "title": "Serbia Furniture Consumer Market Size", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "RSD million", "legend": false, "data": [ { "x_axis": "2015", "value": 30372.4, "value_label": 30372.4, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 30372.4, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 251.5 }, { "x_axis": "2016", "value": 31624.9, "value_label": 31624.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 31624.9, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 257.0 }, { "x_axis": "2017", "value": 34102.4, "value_label": 34102.4, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 34102.4, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 280.1 }, { "x_axis": "2018", "value": 38612.1, "value_label": 38612.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 38612.1, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 326.4 }, { "x_axis": "2019", "value": 43156.8, "value_label": 43156.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 43156.8, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 366.0 }, { "x_axis": "2020", "value": 47547.7, "value_label": 47547.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 47547.7, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 404.4 }, { "x_axis": "2021", "value": 57270.2, "value_label": 57270.2, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 57270.2, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 487.1 }, { "x_axis": "2022", "value": 65192.3, "value_label": 65192.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 65192.3, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 554.9 }, { "x_axis": "2023", "value": 78381.1, "value_label": 78381.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 78381.1, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 668.5 }, { "x_axis": "2024", "value": 85762.7, "value_label": 85762.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 85762.7, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018", "value_original": 732.3 }, { "x_axis": "2025", "value": 96565.9, "value_label": 96565.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 96565.9, "cur": "RSD", "local_currency": "RSD", "classification": "COICOP 2018 CP051", "source_method": "retail_turnover_nowcast", "value_original": 823.9 } ], "source_url": "/indicators/retail/market-size/serbia-furniture-consumer-market-size/", "currency_options": { "default": "RSD", "series": { "RSD": { "field": "value_local", "axisLabel": "RSD million" }, "EUR": { "field": "value", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "consumer_market_size" ], "supplemental_table_ids": [ "consumer_market_size_peer_comparison", "consumer_expenditure_per_capita_peer_comparison", "retail_latest_rows" ], "indicator_refs": [ 1 ] }, { "id": "retail", "title": "Retail & Demand", "summary": "Specialist furniture retail turnover, online product-search interest and household demand context.", "main_indicator": "retail_turnover", "main_graph": { "id": "retail_turnover_main_graph", "indicator_key": "retail_turnover", "indicator_ref": 2, "title": "Serbia Furniture Retail Market Size", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "RSD million", "legend": false, "data": [ { "x_axis": "2016", "value": 12133.1, "value_label": 12133.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 12133.1, "value_eur": 98.6, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 12133.1 }, { "x_axis": "2017", "value": 14573.6, "value_label": 14573.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 14573.6, "value_eur": 119.7, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 14573.6 }, { "x_axis": "2018", "value": 22630.3, "value_label": 22630.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 22630.3, "value_eur": 191.3, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 22630.3 }, { "x_axis": "2019", "value": 15930.3, "value_label": 15930.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 15930.3, "value_eur": 135.1, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 15930.3 }, { "x_axis": "2020", "value": 24526.4, "value_label": 24526.4, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 24526.4, "value_eur": 208.6, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 24526.4 }, { "x_axis": "2021", "value": 37365.1, "value_label": 37365.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 37365.1, "value_eur": 317.8, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 37365.1 }, { "x_axis": "2022", "value": 43081.6, "value_label": 43081.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 43081.6, "value_eur": 366.7, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 43081.6 }, { "x_axis": "2023", "value": 47016.8, "value_label": 47016.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 47016.8, "value_eur": 401.0, "cur": "RSD", "source_basis": "eurostat_sbs_g4759", "months_available": null, "value_original": 47016.8 }, { "x_axis": "2024", "value": 52072.8, "value_label": 52072.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 52072.8, "value_eur": 444.6, "cur": "RSD", "source_basis": "nowcast_from_rzs_coicop_0500_consumption", "months_available": null, "value_original": 52072.8 }, { "x_axis": "2025", "value": 58627.9, "value_label": 58627.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 58627.9, "value_eur": 500.2, "cur": "RSD", "source_basis": "nowcast_from_rzs_coicop_0500_consumption", "months_available": null, "value_original": 58627.9 } ], "source_url": "/indicators/retail/market-size/serbia-furniture-retail-turnover/", "currency_options": { "default": "RSD", "series": { "RSD": { "field": "value_local", "axisLabel": "RSD million" }, "EUR": { "field": "value_eur", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "retail_turnover", "product_search" ], "supplemental_table_ids": [ "retail_latest_rows", "product_search_latest_rows" ], "indicator_refs": [ 2, 13 ] }, { "id": "industry", "title": "Industry & Production", "summary": "Production turnover and producer-price pressure show Serbia furniture manufacturing conditions.", "main_indicator": "production_turnover", "main_graph": { "id": "production_turnover_main_graph", "indicator_key": "production_turnover", "indicator_ref": 3, "title": "Serbia Furniture Production Turnover", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "RSD million", "legend": false, "data": [ { "x_axis": "2016", "value": 40937.3, "value_label": 40937.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 332.5, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 40937.3, "value_local": 40937.3, "source_basis": "eurostat_c31_sbs", "value_original": 40937.3 }, { "x_axis": "2017", "value": 45026.3, "value_label": 45026.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 370.2, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 45026.3, "value_local": 45026.3, "source_basis": "eurostat_c31_sbs", "value_original": 45026.3 }, { "x_axis": "2018", "value": 49434.6, "value_label": 49434.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 417.9, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 49434.6, "value_local": 49434.6, "source_basis": "eurostat_c31_sbs", "value_original": 49434.6 }, { "x_axis": "2019", "value": 61528.8, "value_label": 61528.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 521.9, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 61528.8, "value_local": 61528.8, "source_basis": "eurostat_c31_sbs", "value_original": 61528.8 }, { "x_axis": "2020", "value": 66586.3, "value_label": 66586.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 566.3, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 66586.3, "value_local": 66586.3, "source_basis": "eurostat_c31_sbs", "value_original": 66586.3 }, { "x_axis": "2021", "value": 83163.3, "value_label": 83163.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 707.3, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 83163.3, "value_local": 83163.3, "source_basis": "eurostat_c31_sbs", "value_original": 83163.3 }, { "x_axis": "2022", "value": 97408.2, "value_label": 97408.2, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 829.2, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 97408.2, "value_local": 97408.2, "source_basis": "eurostat_c31_sbs", "value_original": 97408.2 }, { "x_axis": "2023", "value": 98525.4, "value_label": 98525.4, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 840.3, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 98525.4, "value_local": 98525.4, "source_basis": "eurostat_c31_sbs", "value_original": 98525.4 }, { "x_axis": "2024", "value": 97543.5, "value_label": 97543.5, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 832.9, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 97543.5, "value_local": 97543.5, "source_basis": "rzs_monthly_nowcast_complete_year", "value_original": 97543.5 }, { "x_axis": "2025", "value": 94286.4, "value_label": 94286.4, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 804.4, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 94286.4, "value_local": 94286.4, "source_basis": "rzs_monthly_nowcast_complete_year", "value_original": 94286.4 } ], "source_url": "/indicators/industry/market-size/serbia-furniture-production-turnover/", "currency_options": { "default": "RSD", "series": { "RSD": { "field": "value_local", "axisLabel": "RSD million" }, "EUR": { "field": "value_nominal", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "production_turnover", "producer_price" ], "supplemental_table_ids": [ "production_latest_rows", "ppi_peer_six_month_yoy" ], "indicator_refs": [ 3, 4 ] }, { "id": "supply_chain", "title": "Trade & Competitiveness", "summary": "Export value, destination markets, imports and sourcing partners show Serbia's furniture trade position.", "main_indicator": "exports_by_country", "main_graph": { "id": "exports_by_country_main_graph", "indicator_key": "exports_by_country", "indicator_ref": 6, "title": "Serbia Furniture Exports by Country", "chart_type": "pie", "series_type": "single", "x_axis_label": "", "y_axis_label": "Share of exports", "legend": false, "data": [ { "name": "CZ", "label": "CZ", "value": 0.2052 }, { "name": "DE", "label": "DE", "value": 0.1181 }, { "name": "IT", "label": "IT", "value": 0.1137 }, { "name": "PL", "label": "PL", "value": 0.0743 }, { "name": "RO", "label": "RO", "value": 0.058 }, { "name": "ME", "label": "ME", "value": 0.0497 }, { "name": "HR", "label": "HR", "value": 0.0452 }, { "name": "FR", "label": "FR", "value": 0.0413 }, { "name": "BA", "label": "BA", "value": 0.0362 }, { "name": "CH", "label": "CH", "value": 0.0272 }, { "name": "Others", "label": "Others", "value": 0.231 } ], "source_url": "/indicators/industry/trade/serbia-furniture-exports-by-country/" }, "extra_graphs": [ { "id": "imports_by_country_main_graph", "indicator_key": "imports_by_country", "indicator_ref": 8, "title": "Serbia Furniture Imports by Country", "chart_type": "pie", "series_type": "single", "x_axis_label": "", "y_axis_label": "Share [%]", "legend": false, "data": [ { "name": "CN", "label": "CN", "value": 0.2464, "value_label": 0.2464 }, { "name": "TR", "label": "TR", "value": 0.13, "value_label": 0.13 }, { "name": "PL", "label": "PL", "value": 0.1257, "value_label": 0.1257 }, { "name": "IT", "label": "IT", "value": 0.0972, "value_label": 0.0972 }, { "name": "RO", "label": "RO", "value": 0.0673, "value_label": 0.0673 }, { "name": "DE", "label": "DE", "value": 0.0597, "value_label": 0.0597 }, { "name": "SK", "label": "SK", "value": 0.0361, "value_label": 0.0361 }, { "name": "BA", "label": "BA", "value": 0.036, "value_label": 0.036 }, { "name": "MK", "label": "MK", "value": 0.0211, "value_label": 0.0211 }, { "name": "CZ", "label": "CZ", "value": 0.0187, "value_label": 0.0187 }, { "name": "Others", "label": "Others", "value": 0.1618, "value_label": 0.1618 } ], "source_url": "/indicators/industry/trade/serbia-furniture-imports-by-country/", "context_paragraph": "The import partner mix shows which supplier markets shape Serbia's imported assortment and input-linked furniture trade. It is useful beside export destinations because Serbia combines domestic production, regional export links and imported furniture supply." } ], "metric_card_ids": [ "export_to_production_ratio", "exports_yearly", "imports_yearly", "import_share" ], "supplemental_table_ids": [ "exports_monthly_latest_rows", "exports_latest_rows", "export_partner_latest_rows", "imports_latest_rows", "import_partner_latest_rows" ], "indicator_refs": [ 5, 6, 7, 8, 9, 3 ] }, { "id": "currency", "title": "Currency & Exchange Rate", "summary": "The RSD/EUR exchange rate frames euro comparisons, import costs and export competitiveness.", "main_indicator": "exchange_rate", "main_graph": { "id": "exchange_rate_main_graph", "indicator_key": "exchange_rate", "indicator_ref": 10, "title": "RSD per EUR Exchange Rate", "chart_type": "line", "series_type": "single", "x_axis_label": "", "y_axis_label": "RSD per EUR", "legend": false, "data": [ { "date": "2015-01-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.689, "eur_per_currency": 0.00828576, "value": 120.689, "observations": 1, "value_eur": 120.689 }, { "date": "2015-02-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.413, "eur_per_currency": 0.00810287, "value": 123.413, "observations": 1, "value_eur": 123.413 }, { "date": "2015-03-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.238, "eur_per_currency": 0.00831684, "value": 120.238, "observations": 1, "value_eur": 120.238 }, { "date": "2015-04-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.633, "eur_per_currency": 0.00828961, "value": 120.633, "observations": 1, "value_eur": 120.633 }, { "date": "2015-05-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.812, "eur_per_currency": 0.00827732, "value": 120.812, "observations": 1, "value_eur": 120.812 }, { "date": "2015-06-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.842, "eur_per_currency": 0.00827527, "value": 120.842, "observations": 1, "value_eur": 120.842 }, { "date": "2015-07-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.422, "eur_per_currency": 0.00830413, "value": 120.422, "observations": 1, "value_eur": 120.422 }, { "date": "2015-08-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.222, "eur_per_currency": 0.00831795, "value": 120.222, "observations": 1, "value_eur": 120.222 }, { "date": "2015-09-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.65, "eur_per_currency": 0.00828844, "value": 120.65, "observations": 1, "value_eur": 120.65 }, { "date": "2015-10-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.034, "eur_per_currency": 0.00833097, "value": 120.034, "observations": 1, "value_eur": 120.034 }, { "date": "2015-11-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.275, "eur_per_currency": 0.00831428, "value": 120.275, "observations": 1, "value_eur": 120.275 }, { "date": "2015-12-01", "year": 2015, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 120.951, "eur_per_currency": 0.00826781, "value": 120.951, "observations": 1, "value_eur": 120.951 }, { "date": "2016-01-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 121.334, "eur_per_currency": 0.00824171, "value": 121.334, "observations": 1, "value_eur": 121.334 }, { "date": "2016-02-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.063, "eur_per_currency": 0.00812592, "value": 123.063, "observations": 1, "value_eur": 123.063 }, { "date": "2016-03-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.374, "eur_per_currency": 0.00810544, "value": 123.374, "observations": 1, "value_eur": 123.374 }, { "date": "2016-04-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 122.595, "eur_per_currency": 0.00815694, "value": 122.595, "observations": 1, "value_eur": 122.595 }, { "date": "2016-05-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 122.8273, "eur_per_currency": 0.00814151, "value": 122.8273, "observations": 1, "value_eur": 122.8273 }, { "date": "2016-06-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.0261, "eur_per_currency": 0.00812836, "value": 123.0261, "observations": 1, "value_eur": 123.0261 }, { "date": "2016-07-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.9531, "eur_per_currency": 0.00806757, "value": 123.9531, "observations": 1, "value_eur": 123.9531 }, { "date": "2016-08-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.4497, "eur_per_currency": 0.00810047, "value": 123.4497, "observations": 1, "value_eur": 123.4497 }, { "date": "2016-09-01", "year": 2016, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 123.3789, "eur_per_currency": 0.00810511, "value": 123.3789, "observations": 1, "value_eur": 123.3789 }, { "date": "2016-10-01", "year": 2016, "frequency": "monthly", 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"value_eur": 117.16 }, { "date": "2024-06-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.12, "eur_per_currency": 0.00853825, "value": 117.12, "observations": 1, "value_eur": 117.12 }, { "date": "2024-07-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.11, "eur_per_currency": 0.00853898, "value": 117.11, "observations": 1, "value_eur": 117.11 }, { "date": "2024-08-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.075, "eur_per_currency": 0.00854153, "value": 117.075, "observations": 1, "value_eur": 117.075 }, { "date": "2024-09-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.015, "eur_per_currency": 0.00854591, "value": 117.015, "observations": 1, "value_eur": 117.015 }, { "date": "2024-10-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.08, "eur_per_currency": 0.00854117, "value": 117.08, "observations": 1, "value_eur": 117.08 }, { "date": "2024-11-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.05, "eur_per_currency": 0.00854336, "value": 117.05, "observations": 1, "value_eur": 117.05 }, { "date": "2024-12-01", "year": 2024, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 116.975, "eur_per_currency": 0.00854884, "value": 116.975, "observations": 1, "value_eur": 116.975 }, { "date": "2025-01-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.005, "eur_per_currency": 0.00854664, "value": 117.005, "observations": 1, "value_eur": 117.005 }, { "date": "2025-02-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.15, "eur_per_currency": 0.00853606, "value": 117.15, "observations": 1, "value_eur": 117.15 }, { "date": "2025-03-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.205, "eur_per_currency": 0.00853206, "value": 117.205, "observations": 1, "value_eur": 117.205 }, { "date": "2025-04-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.275, "eur_per_currency": 0.00852697, "value": 117.275, "observations": 1, "value_eur": 117.275 }, { "date": "2025-05-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.185, "eur_per_currency": 0.00853352, "value": 117.185, "observations": 1, "value_eur": 117.185 }, { "date": "2025-06-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.24, "eur_per_currency": 0.00852951, "value": 117.24, "observations": 1, "value_eur": 117.24 }, { "date": "2025-07-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.225, "eur_per_currency": 0.0085306, "value": 117.225, "observations": 1, "value_eur": 117.225 }, { "date": "2025-08-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.18, "eur_per_currency": 0.00853388, "value": 117.18, "observations": 1, "value_eur": 117.18 }, { "date": "2025-09-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.175, "eur_per_currency": 0.00853424, "value": 117.175, "observations": 1, "value_eur": 117.175 }, { "date": "2025-10-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.2, "eur_per_currency": 0.00853242, "value": 117.2, "observations": 1, "value_eur": 117.2 }, { "date": "2025-11-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.24, "eur_per_currency": 0.00852951, "value": 117.24, "observations": 1, "value_eur": 117.24 }, { "date": "2025-12-01", "year": 2025, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.39, "eur_per_currency": 0.00851861, "value": 117.39, "observations": 1, "value_eur": 117.39 }, { "date": "2026-01-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.315, "eur_per_currency": 0.00852406, "value": 117.315, "observations": 1, "value_eur": 117.315 }, { "date": "2026-02-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.4, "eur_per_currency": 0.00851789, "value": 117.4, "observations": 1, "value_eur": 117.4 }, { "date": "2026-03-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.425, "eur_per_currency": 0.00851607, "value": 117.425, "observations": 1, "value_eur": 117.425 }, { "date": "2026-04-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.385, "eur_per_currency": 0.00851898, "value": 117.385, "observations": 1, "value_eur": 117.385 }, { "date": "2026-05-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.42, "eur_per_currency": 0.00851644, "value": 117.42, "observations": 1, "value_eur": 117.42 }, { "date": "2026-06-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.39, "eur_per_currency": 0.00851861, "value": 117.39, "observations": 1, "value_eur": 117.39 } ], "source_url": "/indicators/macroeconomics/exchange-rates/rsd-eur-exchange-rate/" }, "extra_graphs": [], "metric_card_ids": [ "exchange_rate" ], "supplemental_table_ids": [ "exchange_rate_latest_rows" ], "indicator_refs": [ 10 ] }, { "id": "macroeconomics", "title": "Macroeconomics", "summary": "Housing activity and consumer confidence give demand context for furniture, kitchens and home-related categories.", "main_indicator": "housing_market_activity", "main_graph": { "id": "housing_market_activity_main_graph", "indicator_key": "housing_market_activity", "indicator_ref": 11, "title": "Serbia Housing Market Activity", "chart_type": "line", "series_type": "single", "x_axis_label": "", "y_axis_label": "Index [2019=100]", "legend": false, "data": [ { "date": "2015-03-01", "geo": "RS", "value": 33.48 }, { "date": "2015-04-01", "geo": "RS", "value": 45.77 }, { "date": "2015-05-01", "geo": "RS", "value": 46.55 }, { "date": "2015-06-01", "geo": "RS", "value": 48.97 }, { "date": "2015-07-01", "geo": "RS", "value": 57.41 }, { "date": "2015-08-01", "geo": "RS", "value": 58.68 }, { "date": "2015-09-01", "geo": "RS", "value": 60.81 }, { "date": "2015-10-01", "geo": "RS", "value": 56.37 }, { "date": "2015-11-01", "geo": "RS", "value": 54.82 }, { "date": "2015-12-01", "geo": "RS", "value": 52.91 }, { "date": "2016-01-01", "geo": "RS", "value": 48.4 }, { "date": "2016-02-01", "geo": "RS", "value": 47.44 }, { "date": "2016-03-01", "geo": "RS", "value": 46.06 }, { "date": "2016-04-01", "geo": "RS", "value": 45.74 }, { "date": "2016-05-01", "geo": "RS", "value": 46.34 }, { "date": "2016-06-01", "geo": "RS", "value": 48.23 }, { "date": "2016-07-01", "geo": "RS", "value": 53.79 }, { "date": "2016-08-01", "geo": "RS", "value": 55.45 }, { "date": "2016-09-01", "geo": "RS", "value": 55.6 }, { "date": "2016-10-01", "geo": "RS", "value": 55.69 }, { "date": "2016-11-01", "geo": "RS", "value": 57.22 }, { "date": "2016-12-01", "geo": "RS", "value": 58.13 }, { "date": "2017-01-01", "geo": "RS", "value": 57.91 }, { "date": "2017-02-01", "geo": "RS", "value": 58.51 }, { "date": "2017-03-01", "geo": "RS", "value": 61.5 }, { "date": "2017-04-01", "geo": "RS", "value": 67.85 }, { "date": "2017-05-01", "geo": "RS", "value": 71.08 }, { "date": "2017-06-01", "geo": "RS", "value": 72.52 }, { "date": "2017-07-01", "geo": "RS", "value": 76.64 }, { "date": "2017-08-01", "geo": "RS", "value": 78.69 }, { "date": "2017-09-01", "geo": "RS", "value": 78.52 }, { "date": "2017-10-01", "geo": "RS", "value": 82.94 }, { "date": "2017-11-01", "geo": "RS", "value": 82.53 }, { "date": "2017-12-01", "geo": "RS", "value": 80.53 }, { "date": "2018-01-01", "geo": "RS", "value": 77.76 }, { "date": "2018-02-01", "geo": "RS", "value": 75.3 }, { "date": "2018-03-01", "geo": "RS", "value": 76.38 }, { "date": "2018-04-01", "geo": "RS", "value": 74.91 }, { "date": "2018-05-01", "geo": "RS", "value": 72.63 }, { "date": "2018-06-01", "geo": "RS", "value": 72.83 }, { "date": "2018-07-01", "geo": "RS", "value": 69.86 }, { "date": "2018-08-01", "geo": "RS", "value": 71.26 }, { "date": "2018-09-01", "geo": "RS", "value": 68.72 }, { "date": "2018-10-01", "geo": "RS", "value": 76.22 }, { "date": "2018-11-01", "geo": "RS", "value": 76.63 }, { "date": "2018-12-01", "geo": "RS", "value": 76.41 }, { "date": "2019-01-01", "geo": "RS", "value": 76.88 }, { "date": "2019-02-01", "geo": "RS", "value": 75.57 }, { "date": "2019-03-01", "geo": "RS", "value": 76.72 }, { "date": "2019-04-01", "geo": "RS", "value": 72.24 }, { "date": "2019-05-01", "geo": "RS", "value": 80.69 }, { "date": "2019-06-01", "geo": "RS", "value": 107.05 }, { "date": "2019-07-01", "geo": "RS", "value": 122.26 }, { "date": "2019-08-01", "geo": "RS", "value": 123.66 }, { "date": "2019-09-01", "geo": "RS", "value": 123.25 }, { "date": "2019-10-01", "geo": "RS", "value": 128.03 }, { "date": "2019-11-01", "geo": "RS", "value": 119.61 }, { "date": "2019-12-01", "geo": "RS", "value": 94.04 }, { "date": "2020-01-01", "geo": "RS", "value": 87.79 }, { "date": "2020-02-01", "geo": "RS", "value": 86.23 }, { "date": "2020-03-01", "geo": "RS", "value": 85.39 }, { "date": "2020-04-01", "geo": "RS", "value": 82.58 }, { "date": "2020-05-01", "geo": "RS", "value": 80.6 }, { "date": "2020-06-01", "geo": "RS", "value": 78.4 }, { "date": "2020-07-01", "geo": "RS", "value": 75.36 }, { "date": "2020-08-01", "geo": "RS", "value": 76.4 }, { "date": "2020-09-01", "geo": "RS", "value": 78.06 }, { "date": "2020-10-01", "geo": "RS", "value": 78.45 }, { "date": "2020-11-01", "geo": "RS", "value": 80.63 }, { "date": "2020-12-01", "geo": "RS", "value": 83.66 }, { "date": "2021-01-01", "geo": "RS", "value": 90.56 }, { "date": "2021-02-01", "geo": "RS", "value": 91.58 }, { "date": "2021-03-01", "geo": "RS", "value": 94.13 }, { "date": "2021-04-01", "geo": "RS", "value": 110.64 }, { "date": "2021-05-01", "geo": "RS", "value": 112.06 }, { "date": "2021-06-01", "geo": "RS", "value": 114.07 }, { "date": "2021-07-01", "geo": "RS", "value": 104.56 }, { "date": "2021-08-01", "geo": "RS", "value": 104.78 }, { "date": "2021-09-01", "geo": "RS", "value": 102.7 }, { "date": "2021-10-01", "geo": "RS", "value": 97.54 }, { "date": "2021-11-01", "geo": "RS", "value": 96.98 }, { "date": "2021-12-01", "geo": "RS", "value": 94.99 }, { "date": "2022-01-01", "geo": "RS", "value": 104.01 }, { "date": "2022-02-01", "geo": "RS", "value": 102.18 }, { "date": "2022-03-01", "geo": "RS", "value": 102.61 }, { "date": "2022-04-01", "geo": "RS", "value": 97.07 }, { "date": "2022-05-01", "geo": "RS", "value": 96.51 }, { "date": "2022-06-01", "geo": "RS", "value": 94.67 }, { "date": "2022-07-01", "geo": "RS", "value": 104.9 }, { "date": "2022-08-01", "geo": "RS", "value": 105.35 }, { "date": "2022-09-01", "geo": "RS", "value": 103.52 }, { "date": "2022-10-01", "geo": "RS", "value": 93.37 }, { "date": "2022-11-01", "geo": "RS", "value": 93.18 }, { "date": "2022-12-01", "geo": "RS", "value": 93.61 }, { "date": "2023-01-01", "geo": "RS", "value": 102.64 }, { "date": "2023-02-01", "geo": "RS", "value": 100.02 }, { "date": "2023-03-01", "geo": "RS", "value": 98.1 }, { "date": "2023-04-01", "geo": "RS", "value": 79.43 }, { "date": "2023-05-01", "geo": "RS", "value": 76.46 }, { "date": "2023-06-01", "geo": "RS", "value": 73.2 }, { "date": "2023-07-01", "geo": "RS", "value": 83.05 }, { "date": "2023-08-01", "geo": "RS", "value": 82.9 }, { "date": "2023-09-01", "geo": "RS", "value": 81.56 }, { "date": "2023-10-01", "geo": "RS", "value": 88.57 }, { "date": "2023-11-01", "geo": "RS", "value": 88.3 }, { "date": "2023-12-01", "geo": "RS", "value": 88.4 }, { "date": "2024-01-01", "geo": "RS", "value": 77.32 }, { "date": "2024-02-01", "geo": "RS", "value": 76.86 }, { "date": "2024-03-01", "geo": "RS", "value": 77.72 }, { "date": "2024-04-01", "geo": "RS", "value": 80.09 }, { "date": "2024-05-01", "geo": "RS", "value": 80.81 }, { "date": "2024-06-01", "geo": "RS", "value": 81.39 }, { "date": "2024-07-01", "geo": "RS", "value": 81.3 }, { "date": "2024-08-01", "geo": "RS", "value": 83.58 }, { "date": "2024-09-01", "geo": "RS", "value": 84.46 }, { "date": "2024-10-01", "geo": "RS", "value": 92.35 }, { "date": "2024-11-01", "geo": "RS", "value": 93.61 }, { "date": "2024-12-01", "geo": "RS", "value": 99.32 }, { "date": "2025-01-01", "geo": "RS", "value": 91.02 }, { "date": "2025-02-01", "geo": "RS", "value": 91.4 }, { "date": "2025-03-01", "geo": "RS", "value": 93.26 }, { "date": "2025-04-01", "geo": "RS", "value": 98.37 }, { "date": "2025-05-01", "geo": "RS", "value": 101.12 }, { "date": "2025-06-01", "geo": "RS", "value": 101.33 }, { "date": "2025-07-01", "geo": "RS", "value": 98.84 }, { "date": "2025-08-01", "geo": "RS", "value": 100.89 }, { "date": "2025-09-01", "geo": "RS", "value": 105.84 }, { "date": "2025-10-01", "geo": "RS", "value": 125.18 }, { "date": "2025-11-01", "geo": "RS", "value": 126.15 }, { "date": "2025-12-01", "geo": "RS", "value": 129.15 }, { "date": "2026-01-01", "geo": "RS", "value": 129.41 }, { "date": "2026-02-01", "geo": "RS", "value": 130.53 }, { "date": "2026-03-01", "geo": "RS", "value": 129.08 }, { "date": "2026-04-01", "geo": "RS", "value": 129.1 }, { "date": "2026-05-01", "geo": "RS", "value": 129.87 } ], "source_url": "/indicators/macroeconomics/housing/serbia-housing-market-activity/" }, "extra_graphs": [], "metric_card_ids": [ "housing_market_activity", "consumer_confidence" ], "supplemental_table_ids": [], "indicator_refs": [ 11, 12 ] } ], "supplemental_tables": [ { "id": "consumer_market_size_peer_comparison", "title": "Consumer market size peer comparison", "summary": "Consumer market size peer comparison", "indicator_key": "consumer_market_size", "indicator_ref": 1, "source_table_id": "consumer_market_size_peer_comparison", "columns": [ "name", "label", "year", "value_local", "value", "cur", "local_currency" ], "rows": [ { "name": "Germany", "label": "DE", "value": 39173.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 40579.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "Italy", "label": "IT", "value": 26355.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 26131.2, "value_local": null, "cur": null, "local_currency": null }, { "name": "France", "label": "FR", "value": 17636.3, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 18469.9, "value_local": null, "cur": null, "local_currency": null }, { "name": "Netherlands", "label": "NL", "value": 11602.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 11552.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "Spain", "label": "ES", "value": 10101.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 10023.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "Poland", "label": "PL", "value": 5951.6, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 6461.0, "value_local": 25626.1, "cur": "PLN", "local_currency": "PLN" }, { "name": "Austria", "label": "AT", "value": 5804.5, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 6090.5, "value_local": null, "cur": null, "local_currency": null }, { "name": "Belgium", "label": "BE", "value": 5571.3, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 5501.8, "value_local": null, "cur": null, "local_currency": null }, { "name": "Sweden", "label": "SE", "value": 3980.9, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 4116.5, "value_local": 45505.3, "cur": "SEK", "local_currency": "SEK" }, { "name": "Switzerland", "label": "CH", "value": 3924.4, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 3951.9, "value_local": 3738.4, "cur": "CHF", "local_currency": "CHF" } ] }, { "id": "consumer_expenditure_per_capita_peer_comparison", "title": "Furniture expenditure per capita peer comparison", "summary": "Furniture expenditure per capita peer comparison", "indicator_key": "consumer_market_size", "indicator_ref": 1, "source_table_id": "consumer_expenditure_per_capita_peer_comparison", "columns": [ "name", "geo", "year", "value_per_capita", "metric_value", "population" ], "rows": [ { "name": "LU", "label": "LU", "geo": "LU", "year": "2024", "value_per_capita": 788.33, "metric_value": 529800000.0, "population": 672050 }, { "name": "Netherlands", "label": "NL", "geo": "NL", "year": "2024", "value_per_capita": 646.61, "metric_value": 11602000000.0, "population": 17942942 }, { "name": "Austria", "label": "AT", "geo": "AT", "year": "2024", "value_per_capita": 633.77, "metric_value": 5804500000.0, "population": 9158750 }, { "name": "Norway", "label": "NO", "geo": "NO", "year": "2024", "value_per_capita": 537.31, "metric_value": 2982200000.0, "population": 5550203 }, { "name": "Denmark", "label": "DK", "geo": "DK", "year": "2024", "value_per_capita": 506.0, "metric_value": 3016400000.0, "population": 5961249 }, { "name": "Belgium", "label": "BE", "geo": "BE", "year": "2024", "value_per_capita": 471.46, "metric_value": 5571300000.0, "population": 11817096 }, { "name": "Germany", "label": "DE", "geo": "DE", "year": "2024", "value_per_capita": 469.38, "metric_value": 39173000000.0, "population": 83456045 }, { "name": "Italy", "label": "IT", "geo": "IT", "year": "2024", "value_per_capita": 446.91, "metric_value": 26355000000.0, "population": 58971230 }, { "name": "Switzerland", "label": "CH", "geo": "CH", "year": "2024", "value_per_capita": 437.88, "metric_value": 3924400000.0, "population": 8962258 }, { "name": "Ireland", "label": "IE", "geo": "IE", "year": "2024", "value_per_capita": 405.76, "metric_value": 2171500000.0, "population": 5351681 } ] }, { "id": "production_latest_rows", "title": "Production turnover latest six monthly YoY readings", "summary": "Latest six monthly YoY readings", "indicator_key": "production_turnover", "indicator_ref": 3, "source_table_id": "latest_six_monthly_yoy", "columns": [ "date", "value", "yoy_pct" ], "rows": [ { "date": "2025-10-01", "geo": "RS", "value_nominal": 73968981.99, "value_real": 60926822.141, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 8669164689.2, "value_real_local": 7140623554.9, "value": 73968981.99, "yoy_pct": -6.3, "previous_year_value": 78982377.0, "previous_year_date": "2024-10" }, { "date": "2025-11-01", "geo": "RS", "value_nominal": 72221057.604, "value_real": 59487090.575, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 8467196793.5, "value_real_local": 6974266499.0, "value": 72221057.604, "yoy_pct": -2.2, "previous_year_value": 73868976.1, "previous_year_date": "2024-11" }, { "date": "2025-12-01", "geo": "RS", "value_nominal": 70384545.232, "value_real": 57916474.323, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 8262441764.8, "value_real_local": 6798814920.8, "value": 70384545.232, "yoy_pct": -10.9, "previous_year_value": 78982377.0, "previous_year_date": "2024-12" }, { "date": "2026-02-01", "geo": "RS", "value_nominal": 66964731.169, "value_real": 55102453.536, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 7861659439.2, "value_real_local": 6469028045.1, "value": 66964731.169, "yoy_pct": -1.3, "previous_year_value": 67878744.3, "previous_year_date": "2025-02" }, { "date": "2026-03-01", "geo": "RS", "value_nominal": 72466178.098, "value_real": 59748859.951, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 8509340963.2, "value_real_local": 7016009879.7, "value": 72466178.098, "yoy_pct": 9.3, "previous_year_value": 66292792.3, "previous_year_date": "2025-03" }, { "date": "2026-04-01", "geo": "RS", "value_nominal": 64211542.258, "value_real": 52942856.189, "cur": "RSD", "local_currency": "RSD", "value_nominal_local": 7537471888.0, "value_real_local": 6214697173.7, "value": 64211542.258, "yoy_pct": -7.7, "previous_year_value": 69603625.7, "previous_year_date": "2025-04" } ] }, { "id": "retail_latest_rows", "title": "Retail turnover latest years", "summary": "Latest six monthly YoY readings", "indicator_key": "retail_turnover", "indicator_ref": 2, "source_table_id": "latest_six_monthly_yoy", "columns": [ "date", "value", "yoy_pct" ], "rows": [ { "date": "2025-10-01", "geo": "RS", "value": 5332.947, "value_local": 5332.947, "value_eur": 45.503, "cur": "RSD", "local_currency": "RSD", "source_dataset_id": "retail/market_size/rs_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 13.5, "previous_year_value": 4698.3, "previous_year_date": "2024-10" }, { "date": "2025-11-01", "geo": "RS", "value": 5277.759, "value_local": 5277.759, "value_eur": 45.017, "cur": "RSD", "local_currency": "RSD", "source_dataset_id": "retail/market_size/rs_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 12.4, "previous_year_value": 4697.1, "previous_year_date": "2024-11" }, { "date": "2025-12-01", "geo": "RS", "value": 5783.22, "value_local": 5783.22, "value_eur": 49.265, "cur": "RSD", "local_currency": "RSD", "source_dataset_id": "retail/market_size/rs_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 13.6, "previous_year_value": 5089.2, "previous_year_date": "2024-12" }, { "date": "2026-01-01", "geo": "RS", "value": 4467.498, "value_local": 4467.498, "value_eur": 38.081, "cur": "RSD", "local_currency": "RSD", "source_dataset_id": "retail/market_size/rs_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 11.2, "previous_year_value": 4018.5, "previous_year_date": "2025-01" }, { "date": "2026-02-01", "geo": "RS", "value": 4251.404, "value_local": 4251.404, "value_eur": 36.213, "cur": "RSD", "local_currency": "RSD", "source_dataset_id": "retail/market_size/rs_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 8.5, "previous_year_value": 3918.6, "previous_year_date": "2025-02" }, { "date": "2026-03-01", "geo": "RS", "value": 5216.968, "value_local": 5216.968, "value_eur": 44.428, "cur": "RSD", "local_currency": "RSD", "source_dataset_id": "retail/market_size/rs_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 17.8, "previous_year_value": 4427.3, "previous_year_date": "2025-03" } ] }, { "id": "product_search_latest_rows", "title": "Product search trend latest months", "summary": "", "indicator_key": "product_search", "indicator_ref": 13, "columns": [ "date", "value" ], "rows": [ { "date": "2025-12-01", "value": 121.58178254657712, "geo": "rs" }, { "date": "2026-01-01", "value": 125.68277407310237, "geo": "rs" }, { "date": "2026-02-01", "value": 121.56676744237134, "geo": "rs" }, { "date": "2026-03-01", "value": 124.87088238952381, "geo": "rs" }, { "date": "2026-04-01", "value": 108.44840978343565, "geo": "rs" }, { "date": "2026-05-01", "value": 101.52968528056478, "geo": "rs" } ] }, { "id": "exports_latest_rows", "title": "Furniture exports latest years", "summary": "", "indicator_key": "exports_yearly", "indicator_ref": 5, "columns": [ "year", "x_axis", "value", "value_eur" ], "rows": [ { "x_axis": "2020", "value": 55.09, "value_label": "55.09", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 55085078594.2, "value_eur": 468491479.0, "months_available": 12 }, { "x_axis": "2021", "value": 63.15, "value_label": "63.15", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 63149737716.2, "value_eur": 537106110.5, "months_available": 12 }, { "x_axis": "2022", "value": 75.52, "value_label": "75.52", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 75520723432.6, "value_eur": 642842090.6, "months_available": 12 }, { "x_axis": "2023", "value": 84.86, "value_label": "84.86", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 84860598325.8, "value_eur": 723761907.9, "months_available": 12 }, { "x_axis": "2024", "value": 87.57, "value_label": "87.57", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 87569354701.4, "value_eur": 747722967.7, "months_available": 12 }, { "x_axis": "2025", "value": 96.55, "value_label": "96.55", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 96550419886.8, "value_eur": 823770804.5, "months_available": 12 } ] }, { "id": "imports_latest_rows", "title": "Furniture imports latest years", "summary": "", "indicator_key": "imports_yearly", "indicator_ref": 7, "columns": [ "year", "x_axis", "value", "value_eur" ], "rows": [ { "x_axis": "2020", "value": 17.86, "value_label": "17.86", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 17855579453.5, "value_eur": 151860177.6, "months_available": 12 }, { "x_axis": "2021", "value": 21.77, "value_label": "21.77", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 21769075462.5, "value_eur": 185152320.2, "months_available": 12 }, { "x_axis": "2022", "value": 25.97, "value_label": "25.97", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 25972512027.7, "value_eur": 221072196.7, "months_available": 12 }, { "x_axis": "2023", "value": 24.48, "value_label": "24.48", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 24480928864.7, "value_eur": 208797428.6, "months_available": 12 }, { "x_axis": "2024", "value": 30.98, "value_label": "30.98", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 30981262679.7, "value_eur": 264541987.1, "months_available": 12 }, { "x_axis": "2025", "value": 32.99, "value_label": "32.99", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 32993570734.2, "value_eur": 281480739.5, "months_available": 12 } ] }, { "id": "export_partner_latest_rows", "title": "Export destination latest shares", "summary": "", "indicator_key": "exports_by_country", "indicator_ref": 6, "columns": [ "name", "value" ], "rows": [ { "name": "CZ", "label": "CZ", "value": 0.2052 }, { "name": "DE", "label": "DE", "value": 0.1181 }, { "name": "IT", "label": "IT", "value": 0.1137 }, { "name": "PL", "label": "PL", "value": 0.0743 }, { "name": "RO", "label": "RO", "value": 0.058 }, { "name": "ME", "label": "ME", "value": 0.0497 }, { "name": "HR", "label": "HR", "value": 0.0452 }, { "name": "FR", "label": "FR", "value": 0.0413 }, { "name": "BA", "label": "BA", "value": 0.0362 }, { "name": "CH", "label": "CH", "value": 0.0272 } ] }, { "id": "import_partner_latest_rows", "title": "Import partner latest shares", "summary": "", "indicator_key": "imports_by_country", "indicator_ref": 8, "columns": [ "name", "value" ], "rows": [ { "name": "CN", "label": "CN", "value": 0.2464 }, { "name": "TR", "label": "TR", "value": 0.13 }, { "name": "PL", "label": "PL", "value": 0.1257 }, { "name": "IT", "label": "IT", "value": 0.0972 }, { "name": "RO", "label": "RO", "value": 0.0673 }, { "name": "DE", "label": "DE", "value": 0.0597 }, { "name": "SK", "label": "SK", "value": 0.0361 }, { "name": "BA", "label": "BA", "value": 0.036 }, { "name": "MK", "label": "MK", "value": 0.0211 }, { "name": "CZ", "label": "CZ", "value": 0.0187 } ] }, { "id": "exchange_rate_latest_rows", "title": "RSD/EUR exchange rate latest months", "summary": "", "indicator_key": "exchange_rate", "indicator_ref": 10, "columns": [ "date", "value" ], "rows": [ { "date": "2026-01-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.315, "eur_per_currency": 0.00852406, "value": 117.315, "observations": 1, "value_eur": 117.315 }, { "date": "2026-02-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.4, "eur_per_currency": 0.00851789, "value": 117.4, "observations": 1, "value_eur": 117.4 }, { "date": "2026-03-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.425, "eur_per_currency": 0.00851607, "value": 117.425, "observations": 1, "value_eur": 117.425 }, { "date": "2026-04-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.385, "eur_per_currency": 0.00851898, "value": 117.385, "observations": 1, "value_eur": 117.385 }, { "date": "2026-05-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.42, "eur_per_currency": 0.00851644, "value": 117.42, "observations": 1, "value_eur": 117.42 }, { "date": "2026-06-01", "year": 2026, "frequency": "monthly", "currency": "RSD", "currency_name": "Serbian dinar", "currency_per_eur": 117.39, "eur_per_currency": 0.00851861, "value": 117.39, "observations": 1, "value_eur": 117.39 } ] } ], "crawl": { "type": "country_furniture_market_hub", "canonical_url": "https://www.furnilytics.com/market/serbia-furniture-market-hub/", "json_url": "https://data.furnilytics.com/market-hubs/serbia-furniture-market-hub.json", "title": "Serbia Furniture Market Hub", "meta_title": "Serbia Furniture Market Hub | Furnilytics", "meta_description": "Monthly Serbia furniture market hub with consumer demand, retail turnover, production, exports, imports, producer prices, housing, confidence, search and RSD/EUR indicators.", "country": { "name": "Serbia", "geo": "RS", "role": "export-oriented Southeast European furniture market with growing domestic demand" }, "market": { "name": "Furniture", "scope": "Furniture retail, production, consumption, exports, imports, exchange-rate and demand context" }, "market_data_updated_at": "2026-07-05", "refresh_frequency": "monthly", "executive_summary": "Serbia is positioned as an export-oriented Southeast European furniture market with rising domestic demand, supported by a strong housing market activity index that indicates robust expansion compared to pre-2019 levels. This suggests a favorable environment for retail growth, as household spending continues to increase, evidenced by a significant annual change in consumer market size. However, consumer confidence is currently weakening, which may pose a headwind for sustained demand in the near term [1]. Retail 6-month momentum is +13.0% year over year, supporting a positive near-term demand read. [2] The furniture sector is experiencing notable retail turnover growth, reflecting a positive retail landscape despite production turnover facing pressure. The export market remains strong, with a healthy growth rate, indicating Serbia's competitive position in regional trade. The exchange rate stability against the euro further supports export activities, enhancing the market's attractiveness for international buyers [5]. The latest export trend is +10.2%, which frames the external demand signal for producers. [5]", "key_measurements": [ { "metric": "Consumer market size", "latest_value": "96,565.9 RSD million", "status": "Expanding", "context": "+12.6% annual change", "source_ref": 1 }, { "metric": "Retail market size", "latest_value": "58,627.9 RSD million", "status": "Expanding", "context": "+13.0% six-month YoY", "source_ref": 2 }, { "metric": "Production market size", "latest_value": "94,286.4 RSD million", "status": "Under pressure", "context": "-3.5% six-month YoY", "source_ref": 3 }, { "metric": "Producer price index", "latest_value": "121.4 index points", "status": "Easing pressure", "context": "+0.4 pp six-month YoY", "source_ref": 4 }, { "metric": "Furniture exports", "latest_value": "96.5 RSD billion", "status": "Export growth", "context": "+10.2% latest export change", "source_ref": 5 }, { "metric": "Furniture imports", "latest_value": "33.0 RSD billion", "status": "Expanding", "context": "91.9% above the 2018 trough", "source_ref": 7 }, { "metric": "Import share", "latest_value": "34.2%", "status": "Medium dependence", "context": "-1.9 pp recent change", "source_ref": 9 }, { "metric": "Export exposure", "latest_value": "102.4%", "status": "High export exposure", "context": "exports relative to production turnover", "source_ref": 5 }, { "metric": "RSD per EUR", "latest_value": "117.4 RSD per EUR", "status": "FX broadly stable", "context": "+0.1% YoY", "source_ref": 10 }, { "metric": "Housing market activity", "latest_value": "129.9 index points", "status": "Strong; strong expansion", "context": "+30 pts vs 2019", "source_ref": 11 }, { "metric": "Consumer confidence", "latest_value": "-4.5 points", "status": "Weakening", "context": "-1.1 pp recent change", "source_ref": 12 }, { "metric": "Product search trend", "latest_value": "101.5 index points", "status": "Softening", "context": "32.2% below 2020 peak", "source_ref": 13 } ], "sections": [ { "id": "market_size", "title": "Market Size & Consumption", "main_indicator": "consumer_market_size", "summary": "The consumer market size for furniture in Serbia is currently expanding, with a value of 96,565.9 RSD million (approximately EUR 820 million) and a notable annual change of +12.6% [1]. This growth reflects a robust demand environment, driven by both export-oriented activities and increasing domestic consumption. The upward trajectory indicates a strengthening market position, which is essential for stakeholders in retail and production sectors to capitalize on emerging opportunities. In terms of retail dynamics, the furniture market in Serbia has shown resilience, with year-on-year growth rates of 13.5% and 12.4% in recent periods [2]. This performance underscores a favorable consumption landscape, suggesting that consumer confidence is on the rise. The interplay between domestic demand and export capabilities positions Serbia as a competitive player in the Southeast European furniture market, further enhancing its attractiveness for investment and strategic partnerships." }, { "id": "retail", "title": "Retail & Demand", "main_indicator": "retail_turnover", "summary": "The Serbian furniture retail market is currently expanding, with a market size of 58,627.9 RSD million (approximately EUR 496 million), reflecting a 13.0% increase year-on-year [2]. This growth is indicative of a robust domestic demand, which is crucial for the overall health of the furniture sector in Serbia, especially as the country positions itself as an export-oriented market within Southeast Europe. Despite the positive retail turnover, the product search trend has softened, currently at 101.5 index points, which is 32.2% below the peak observed in 2020 [13]. This divergence between retail growth and product search activity suggests potential challenges in sustaining momentum, as consumer interest may be waning. The market must navigate these dynamics to ensure continued growth in both production and consumption." }, { "id": "industry", "title": "Industry & Production", "main_indicator": "production_turnover", "summary": "The Serbian furniture market is currently experiencing pressure, with a production market size of 94,286.4 RSD million (approximately EUR 800 million) reflecting a -3.5% decline year-on-year. This contraction indicates a challenging environment for domestic producers, which may impact their ability to meet both local and export demand, particularly as the market is characterized by an export-oriented focus alongside growing domestic consumption [3]. Despite the current pressures, the producer price index has shown signs of easing, currently at 121.4 index points, which is a slight increase of +0.4 percentage points year-on-year. This suggests that while production turnover is under strain, the cost pressures on producers may be stabilizing, potentially allowing for a more favorable pricing environment in the near term [4]." }, { "id": "supply_chain", "title": "Trade & Competitiveness", "main_indicator": "exports_by_country", "summary": "Serbia's furniture market is characterized by a high export exposure, with exports accounting for 102.4% of production turnover [5]. This indicates a robust reliance on international markets, particularly in the context of growing domestic demand. The latest figures reveal that furniture exports reached 96.5 billion RSD (approximately 820 million EUR), reflecting a notable growth of 10.2% [5]. This upward trend in exports suggests a strengthening position for Serbian furniture in global markets, which may enhance competitiveness and stimulate further investment in production capabilities. On the import side, Serbia's furniture imports have expanded significantly, totaling 33.0 billion RSD (around 290 million EUR), which is 91.9% above the 2018 trough [7]. The import share stands at 34.2%, indicating a medium dependence on foreign suppliers [9]. Key sourcing countries include China and Turkey, which together account for a substantial portion of imports [8]. This reliance on imports, coupled with a strong export performance, highlights a complex supply chain dynamic that could influence pricing strategies and market stability in the domestic furniture sector." }, { "id": "currency", "title": "Currency & Exchange Rate", "main_indicator": "exchange_rate", "summary": "The Serbian furniture market operates within a broadly stable exchange rate environment, with the current rate at 117.4 RSD per EUR, reflecting a slight increase of 0.1% year-on-year [10]. This stability is crucial for both domestic demand and export-oriented production, as it minimizes currency risk for manufacturers and retailers engaged in international trade. In the context of Serbia's growing domestic demand for furniture, the stable exchange rate supports consistent pricing strategies for local consumers while maintaining competitive export conditions. The exchange rate has shown minor fluctuations, with values ranging from 117.315 to 117.4 RSD per EUR in 2026 [10]. Such stability is likely to encourage investment in production capacity and enhance the overall resilience of the market." }, { "id": "macroeconomics", "title": "Macroeconomics", "main_indicator": "housing_market_activity", "summary": "Serbia's furniture market is currently characterized by strong housing market activity, with an index value of 129.9 points, indicating robust expansion and a significant increase of 30 points compared to 2019 [11]. This growth is likely to stimulate domestic demand for furniture, as increased housing activity typically correlates with higher consumption of home furnishings, thereby benefiting local production and retail sectors. Conversely, consumer confidence has weakened, currently at -4.5 points, reflecting a recent decline of 1.1 percentage points [12]. This weakening sentiment may pose challenges for the furniture market, as lower consumer confidence can dampen spending on non-essential goods, including furniture. The interplay between strong housing market activity and declining consumer confidence suggests a complex landscape for Serbia's furniture sector, where growth in housing may not fully translate into sustained demand." } ], "source_count": 13 }, "notes": [ "The hub is a composition layer over existing indicator JSON files. Indicator pages remain the canonical source pages for methodology, charts and source-specific notes.", "Serbia is configured as an exporter hub. RSD is the primary local-market view, while EUR fields remain available for international comparison." ] }