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Indonesia's furniture industry exports soar by 33% in 2021!
The furniture industry plays an important role in promoting the development of the manufacturing industry and improving the performance of the national economy. This is reflected in Indonesia's 2021 export value of ethnic furniture products exceeding 2.5 billion US dollars, an increase of 33% over the previous year's 1.9 billion US dollars! Indonesian Industry Minister Agus Gumiwang Kartasasmita att
U.S. mattress sales fell 13.3% in the second quarter
According to local media reports on August 10, according to the International Sleep Products Association's quarterly report on the bedding market, in the second quarter of 2022, sales of mattresses and bed frames by U.S. manufacturers and importers fell by 13.3% compared to the same period last year. . Total sales of wholesale mattresses and bed frames decreased 3.5%. Sales of mattresses and bed frames made in the United States fell 26.7% in volume and 10.4% in wholesale value, while the average unit pr
Canada imposes 173% double anti-tax on Chinese mattresses
According to reports, the Canada Border Services Agency (CBSA) has recently made a preliminary anti-dumping and anti-subsidy affirmative ruling on mattresses originating in or imported from China, deciding to impose provisional anti-dumping duties and Countervailing duties. Among them, the temporary tariffs payable by 11 Chinese companies, including Foshan Suilong Furniture Co., Ltd., totaled 23.01%
China's furniture exports up 2.9% in July
The latest data released by the General Administration of Customs on August 7 shows that from January to July, the export value of Chinese furniture and its parts was 265.97 billion yuan, a year-on-year increase of 0.4%. From January to June, the export value of Chinese furniture and its parts was 226.47 billion yuan, a year-on-year increase of 0.2%. Furniture exports achieved positive growth for two consecutive months.
U.S. consumer furniture orders fell 41% in May, shipments rose 10%
Recently, American consulting firm Smith Leonard released the latest "Furniture Insights" report. The report shows that in May this year, new orders for residential furniture in the United States fell by about 41% year-on-year, and the number of new orders from January to May fell by 25% year-on-year. Compared to May 2021, residential furniture shipments increased by 10% in May and 7% in the first five months of the year. The backlog of residential furniture fell by 8% month-on-month and 4% year-on-year
According to data from the National Bureau of Statistics, from January to June this year, the operating income of the national furniture manufacturing industry was 360.4 billion yuan, a year-on-year decrease of 4%; the total profit was 17.48 billion yuan, a year-on-year increase of 2.6%. Among them, the profit of the furniture industry increased by 20.6% in June, from a decline to an increase. The operating income of the textile industry was 1,248.98 billion yuan, a year-on-year increase of 4.7%; the to
According to data from the National Bureau of Statistics, from January to June this year, the operating income of the national furniture manufacturing industry was 360.4 billion yuan, a year-on-year decrease of 4%; the total profit was 17.48 billion yuan, a year-on-year increase of 2.6%. Among them, the profit of the furniture industry increased by 20.6% in June, from a decline to an increase. The operating income of the textile industry was 1,248.98 billion yuan, a year-on-year increase of 4.7%; the to
On July 13, according to customs statistics, in the first half of this year, the export value of furniture and its parts was 226.47 billion yuan, a slight increase of 0.2% year-on-year. The export value of ceramic products was 94.16 billion yuan, a year-on-year increase of 9.3%. The export value of lamps, lighting devices and their parts was 140.13 billion yuan, an increase of 1% year-on-year. Judging from the single month of June, the export value of furniture and its parts was 41.01 billion yuan; the export value of ceramic products was 20.1 billion yuan; the export value of lamps, lighting
Smart home local policies are frequently issued, releasing major benefits.
In the first half of 2022, countries and regions have issued relevant opinions on smart home, injecting a booster for the development of the smart home industry. Among them, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Accelerating the Construction of a National Unified Market" proposes to "promote the unification of standards in fields such as smart home and security, and explore the establishment of a smart device identification system." Locally, "Gua
U.S. consumer furniture orders fell 20% in April, inventories soared 39%
On June 30, Smith Leonard of the United States released the latest "Furniture Insights" report, showing that new orders for residential furniture in the United States fell by 20% year-on-year in April, the fourth consecutive month of double-digit decline; shipments. Up 13% year-on-year, mainly from a large backlog of goods; backlog of orders fell 5% month-on-month from March, but increased 9% from April 2021 and 275% from April 2019; inventory surged again, compared to April 2019. In March, the month-on
U.S. report: Furniture was the only manufacturing industry that lost money in May
Recently, ISM, the world's most authoritative association for procurement, supply and logistics management, released the US manufacturing report for May. ISM said that the purchasing managers' index of the US manufacturing industry in May was 56.1%, an increase of 0.7 percentage points year-on-year, and the overall economy achieved 24 consecutive months of growth. Among them, the order backlog index was 58.7%, and the inventory index was 55.9%. In May, 15 U.S. manufacturing industries reported increases
On June 27, the National Bureau of Statistics released an announcement on the profit data of industrial enterprises above designated size in the country from January to May 2022. The announcement shows that in the first five months of this year, the operating income of the national furniture manufacturing industry was 294.89 billion yuan, a year-on-year decrease of 2.5%; the total profit was 13.26 billion yuan, a year-on-year decrease of 2.1%. The operating income of the textile industry was 1,021.13 bi
From January to May, China's furniture exports were 185.8 billion, down 0.3%
On June 9, the General Administration of Customs released the import and export situation from January to May 2022. According to customs statistics, from January to May this year, the export value of furniture and its parts was 185.8 billion yuan, a year-on-year decrease of 0.3%; the export value of ceramic products was 74.32 billion yuan, a year-on-year increase of 6.6%; the export value of lamps,
China becomes Germany's largest source of furniture imports
In the first quarter of this year, German furniture imports maintained strong growth, with the import value increasing by 19.6% year-on-year to 2.9 billion euros. Among them, China's furniture exports to Germany totaled 986 million euros, a year-on-year increase of 38.3%, and continued to be Germany's largest source of furniture imports. At the same time, the export value of the German furniture industry in the first quarter was 2.14 billion euros, an increase of 11.8% year-on-year; among them, the tota
China's cross-border e-commerce import and export increased nearly 10 times in five years
heng Qiuping, Vice Minister of Commerce, said that according to customs statistics, China's cross-border e-commerce imports and exports have increased nearly 10 times in five years, reaching 1.92 trillion yuan last year, an increase of 18.6%. At present, more than 30,000 companies have registered on the online comprehensive service platform of the c
According to customs statistics, from January to April 2022, my country's total import and export of wood and wood products (including logs, sawn timber, household or decorative wood products, plywood and similar multi-layer boards, etc.) The total amount is 75.973 billion yuan. From January to April this year, my country's total log imports were 13
Manufacturing PMI rebounded to 49.6% in May
According to data released by the National Bureau of Statistics, with the steady progress of resumption of work and production in Shanghai, Jilin and other provinces, in May, China's manufacturing Purchasing Managers Index (PMI) rose by 2.2 percentage points from the previous month to 49.6%, but it still fell short of the boom line. The National Bur
A new round of crisis, sea freight may rebound strongly after falling for 15 consecutive weeks
According to the latest data released by the Shanghai Shipping Exchange on April 29, the Shanghai Export Containerized Freight Index fell 18.68 points to 3096.85 points last week, but its decline narrowed. To 0.4%, showing strong market demand. According to industry insiders, although the current container freight rate has dropped to a new low, with the gradual unblocking and resumption of work in Shanghai and the accumulation of empty containers in the United States, it may trigger a new round of port
Overtaking Vietnam, China is once again the largest furniture importer in the U.S.
According to the latest data from the United Nations COMTRADE international trade database, in 2021, the total value of imported furniture, lighting fixtures and prefabricated buildings in the United States will reach 81.39 billion US dollars. Among them, the total value of furniture imports exceeded 29 billion US dollars, an increase of 28% from last year's 22.7 billion US dollars. In 2021, China exported furniture worth US$9.117 billion to the United States, an increase of 24% from US$7.331 billion in
In the fourth quarter of 2021, China's smart home device market shipments reached 63.37 million units, a year-on-year increase of 4.1%. For the full year of 2021, shipments of China's smart home device market exceeded 220 million units, a year-on-year increase of 9.2%. While the market does not reach double-digit growth in 2021, shipments show that smart home upgrades are the main growth driver in 2021.
According to the latest data report of the US Labor Statistics, US building materials price increased by 20.4% year-on-year, an increase of 33% over the epidemic. March cork prices rose 6%, and this data increased by 2.6% and 25.6% respectively in February, so the price of soft wood in a quarter increased by 36.7%. Since the lowest in September 2021, the price of cork in March has almost doubled, an increase of 90.4%.
According to the survey of the China Institute of Residential Industry Branch, the output value of head enterprises in the home improvement industry in the first quarter of 2022 fell by about 10%year-on-year, and it was enlarged to the entire industry. It is expected to be 25-30%year-on-year. From the perspective of the region, the Central China market has performed well. For example Too good, East
Sea freight, which remains high, has fallen, with an average drop of 20%
Recently, despite the soaring fuel costs, the originally high international ocean freight rates have fallen significantly. According to industry insiders, the actual shipping price of container ships has dropped by about 20% on average since the Spring Festival. The freight rate from China to West America has dropped from about 12,000 US dollars to 8,000 US dollars now, more than 30%, and the European line has dropped even more. The reason behind the drop in sea freight rates is that the upgrade of
Europe's log and timber trade is set to change dramatically with the fall in timber production in central Europe and the suspension of timber imports from Russia. The log market in Europe could be at an important turning point, with widespread deforestation in the region over the past four years due to outbreaks of the spruce bark beetle, leading to rapid logging, timber production and log exports in a sho
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.