U.S. imports of wooden furniture in October were 11% higher than the previous. China’s furniture shipments were stable in October at US$659.7 million (+10% year-to-date). Imports from Vietnam declined by 3% to $267 million (+21% year-to-date). Most other countries increased shipments in October with the exception of Malaysia.
However, both Vietnam and Malaysia saw the largest gains in the U.S. market. Furniture imports from India continued increasing in October (+5% to $20 million). Imports from Europe declined from the higher levels seen earlier this year. Wooden office furniture imports grew by 8% in October, followed by upholstered wooden seating at 3%. All other types of wooden furniture declined from the previous month.
Source: ITTO/ Edited by Panels & Furniture Asia