Furniture imports
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EU wood furniture imports down 3% in 2020
EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports of wood furniture decreased by 3% to US$7.4 billion in 2020 after a 4% increase in 2019. Wood furniture imports from temperate countries fared much better than imports from tropical countries during the year. Imports of wood furniture from China, which alone accounts for around 50% of the EU27+UK external trade, declined only 3% to US$3.7 billion. Imports of wood furniture from all the other leading supply countries in temperate regions increased during the year including Turkey (+19% to US$335 billion), Bosnia (+6% to US$233 billion), Ukraine (+17% to US$215 billion), Belarus (+28% to US$183 billion) and Serbia (+3% to US$153 billion). In contrast, there was a universal fall in imports of wood furniture from tropical countries in 2020, including Vietnam (-14% to US$751... Continue reading
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March 1, 2021
EU wood furniture imports down 3% in 2020
EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports of wood furniture decreased by 3% to US$7.4 billion in 2020 after a 4% increase in 2019. Wood furniture imports from temperate countries fared much better than imports from tropical countries during the year. Imports of wood furniture from China, which alone accounts for around 50% of the EU27+UK external trade, declined only 3% to US$3.7 billion. Imports of wood furniture from all the other leading supply countries in temperate regions increased during the year including Turkey (+19% to US$335 billion), Bosnia (+6% to US$233 billion), Ukraine (+17% to US$215 billion), Belarus (+28% to US$183 billion) and Serbia (+3% to US$153 billion). In contrast, there was a universal fall in imports of wood furniture from tropical countries in 2020, including Vietnam (-14% to US$751... Continue reading
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November 12, 2019
Slowdown in U.S. furniture imports as shipments from China crash
U.S. furniture imports fell in the first half, a result of a double-digit drop in shipments from China due to tariffs on finished goods including wood furniture and upholstery. Imports fell to $11.67 billion from $12.14 billion, in the first half of 2018, a 4% drop. This was fueled by a 17% decrease in shipments from China, which totaled $5.6 billion in the first half, compared with $6.7 billion the year before. China fell in each of the top five product categories: miscellaneous wood furniture, down 19%; upholstered wood seats, down 21%; upholstered wood chairs, down 13%; outdoor seats with textile covered cushions, down 22%; and furniture of other materials, down 19%. Double-digit increases from source countries such as Vietnam and Malaysia failed to stem those losses, which were further heightened due to decreased shipments from Italy and Poland. Vietnam’s shipments rose... Continue reading
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January 30, 2020
Indian government may restrict imports of furniture
The Indian government is likely to impose restrictions on imports of furniture, an official said; The move is expected to boost domestic furniture manufacturing; India's furniture imports stood at US$ 600 million in 2018-2019, with China having a 50% share of the total; other major exporters include Malaysia, Germany, Italy, and Singapore.... Continue reading
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November 12, 2019
Slowdown in U.S. furniture imports as shipments from China crash
U.S. furniture imports fell in the first half, a result of a double-digit drop in shipments from China due to tariffs on finished goods including wood furniture and upholstery. Imports fell to $11.67 billion from $12.14 billion, in the first half of 2018, a 4% drop. This was fueled by a 17% decrease in shipments from China, which totaled $5.6 billion in the first half, compared with $6.7 billion the year before. China fell in each of the top five product categories: miscellaneous wood furniture, down 19%; upholstered wood seats, down 21%; upholstered wood chairs, down 13%; outdoor seats with textile covered cushions, down 22%; and furniture of other materials, down 19%. Double-digit increases from source countries such as Vietnam and Malaysia failed to stem those losses, which were further heightened due to decreased shipments from Italy and Poland. Vietnam’s shipments rose... Continue reading
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March 1, 2021
EU wood furniture imports down 3% in 2020
EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports of wood furniture decreased by 3% to US$7.4 billion in 2020 after a 4% increase in 2019. Wood furniture imports from temperate countries fared much better than imports from tropical countries during the year. Imports of wood furniture from China, which alone accounts for around 50% of the EU27+UK external trade, declined only 3% to US$3.7 billion. Imports of wood furniture from all the other leading supply countries in temperate regions increased during the year including Turkey (+19% to US$335 billion), Bosnia (+6% to US$233 billion), Ukraine (+17% to US$215 billion), Belarus (+28% to US$183 billion) and Serbia (+3% to US$153 billion). In contrast, there was a universal fall in imports of wood furniture from tropical countries in 2020, including Vietnam (-14% to US$751... Continue reading