The Philippines and Vietnam accounted for over 85% of Japan’s imports of wooden kitchen furniture (HS940340) in February, up some 10% from a month earlier. A further 8% of the value of imports was shipped from China leaving little market share for others, reported ITTO.
Year on year, Japan’s imports of wooden kitchen furniture (HS940340) in February dropped 9% but there was a rise of around 12% compared to the value of January imports.
Bedroom furniture imports see moderate y-o-y decline
The value of February imports of wooden bedroom furniture (HS940350) tumbled a massive 49% compared to the value of January imports. Year on year, wooden bedroom furniture imports dropped 26%.
Vietnam topped the list of wooden bedroom furniture shippers in February accounting for just over half of all Japan’s wooden bedroom furniture imports however, shippers in Vietnam saw the value of February shipments drop 24%.
Manufacturers in China accounted for a further 36% of Japan’s imports of wooden bedroom furniture but there was an almost 70% drop in the value of exports compared to a month earlier.
Two Southeast Asian shippers, Malaysia and Thailand, were the third and fourth ranked shippers in February and both maintained market share.