America consumed less wooden furniture in June, buying about US$1.61 Bn worth. However year-to-date imports remain well above June 2016 levels (+10 per cent).
Year-to-date imports from all major supplier countries were up in the first half of 2017, compared to the same period in 2016.
Furniture imports from China, Mexico and Europe grew in June, while imports from Vietnam, Canada, Malaysia, Indonesia and India were down from the previous month.
The share of Chinese imports accounted for over 50 per cent of imports from the top seven supplier countries.
Imports from Europe were worth US$143 Mn in June, up six per cent from May. As the Euro-Dollar exchange rate has become less favourable to European exporters, it is likely to dampen the growth in European furniture exports to the US. Non-upholstered seating furniture and office furniture imports fell dramatically in June (14 per cent and 13 per cent respectively). Kitchen furniture imports rose three per cent in June while imports of upholstered seating were unchanged from May.
Source: ITTO
