02/07/2014
From July 2 to 10, six Spanish furnishing companies are exploring business opportunities in Peru and Panama on a trade mission organized by ANIEME supported by ICEX, the Spanish Foreign Trade Institute.
During the trade mission, the export managers are visiting local importers and specifiers that have been previously visited by ANIEME on occasion of different market research in Peru and Panama.
Both countries are experiencing a significant development of their economies, particularly in the tourism and real estate sectors. As a consequence, over the latest years, the number of new projects in the hospitality and contract sector has grown importantly leading to an increasing demand of furnishing products.
As for Peru, the country’s economy increased by 6.0% in 2012 and 5.8% at the end of 2013. The number of infrastructures and construction sites for the real estate and hospitality sectors is growing all over the country, mainly in the capital Lima, and therefore there is really a good market for furniture companies specialized in the contract sector.
Panama is one of the main destination countries for Spain’s furniture exports. During the period January-March 2014, purchases from Spain amounted to 5,9 million euros registering an increase of +277% and placing Panama 13th in the rank of main markets for Spanish furnishing products exports.
Recent ANIEME’s market research in both countries highlighted the great opportunities for Spanish companies in the retail and contract sectors for medium-high and high-end products.
* For further information: www.muebledeespana.com