US: Furniture imports stable, but shift in market shares

Source:
ITTO
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Wooden furniture imports were unchanged from October to November 2014. Total imports were worth US$1.28 billion in November. Year-to-date imports were 8% higher than at the same time in 2013.

While overall import levels were unchanged, the import share of several major suppliers declined in November. China, Canada, Malaysia and Mexico all exported less furniture to the US in November.

Imports from Vietnam and Indonesia increased, as well as imports from Europe. Brazil and several European countries significantly grew their shipments to the US in November: Italy, France, Germany, Denmark and Lithuania. Imports from Poland declined in November.

China's share in total US wooden furniture imports was 46.4% in November, down from 47.5% in October.

Vietnam's import share grew from 18.1% in October to 18.8% in November.

Furniture imports from China were worth US$594.2 million, down 3% from October. Vietnam's wooden furniture shipments to the US increased by 4% to $240.8 million. The US imported $101.6 million worth of furniture from Canada in November.

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