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In 2022, lumber imports fell, and the average price of softwood still rose by 7%
According to the latest statistics from TDUK, imports of major wood and panel products to the UK in 2022 will decrease by 2.4 million cubic meters to 9.3 million cubic meters compared with the same period of the previous year, a year-on-year decrease of 25.8%. Among them, this is mainly related to the reduction in cork imports. Figures show UK softwood log imports in 2022 are down 25% from the record 2021
On February 15, the China Building Materials Circulation Association released the National Building Materials and Home Furnishing Prosperity Index BHI. The data shows that the national building materials and household prosperity index BHI was 119.88 in February, an increase of 24.26 points month-on-month and 16.91 points year-on-year. The February sales of building materials and home furnishing stores above designated size nationwide were 113.027 billion yuan, up 44.18% month-on-month and 34.54
Containers from Asia to the United States plunged 29% in February, mainly in furniture and toys
According to data released by Descartes Datamyne, a US research firm, the volume of sea containers shipped from Asia to the United States in February was 1,189,997 (converted into 20-foot containers), down 29% year-on-year and expanding again from January (17%). Among them, China's container exports to the United States fell by 25.4%, Japan by 19.9%, Indonesia by 14.2%, Vietnam by 12.5%, Bangladesh
Furniture shipments from Asia to the United States stalled in February, down 37% year-on-year
News on March 17, data released by the US research firm Descartes Datamyne showed that the volume of sea container shipments from Asia to the United States in February was 1,189,997, a year-on-year decrease of 29%, and the decline was again wider than in January (17%). Against the backdrop of inflation in the United States, freight shipments in the furniture category have stagnated. The furniture category, which accounts for nearly 20% of the transportation volume, fell sharply by 37% year-on-year, affe
Recently, driven by the expected recovery in the real estate market, the home furnishing industry, which is the back-end consumer industry of the real estate link, has also ushered in an improvement in sales. Some brokerages said that the sales of the home furnishing industry are affected by more than 60% of real estate. The continuous effectiveness of the policy will help to ensure the delivery of new houses, drive the demand for home furnishing listed companies to strengthen, and their performance to
Export performance in January-February was better than expected
According to data released by the General Administration of Customs on Tuesday, in terms of US dollars, China`s exports from January to February fell by 6.8% year-on-year, a decrease of 3.1 percentage points from December; imports fell by 10.2% year-on-year, a decline of 2.7 percentage points from December. From January to February, the trade surplus was US$116.89 billion. Exports performed
On the afternoon of December 12, sponsored by Shanghai Furniture Industry Association and Shanghai Creative City Think Tank, co-hosted by Shanghai UBM International Exhibition Co., Ltd., co-organized by China Brand and 800 Show, "Future Home Furnishing Future - Furnishing Metaverse Summit Forum" The 800 show in Shanghai was successfully held.
According to the information compiled and released by the Circulation Industry Development Department of the Ministry of Commerce and the China Building Materials Circulation Association, the National Building Materials and Home Furnishing Prosperity Index BHI in November was 86.52, down 11.60 points month-on-month and 52.98 points year-on-year. According to the China Building Materials Circulation Association, the winter off-season is approaching, and the situation of epidemic prevention and control in
Apple China officially launched the smart home segment
Recently, technology giant Apple officially entered the smart home field in the Chinese market. At present, the official website of Apple China has developed a separate home section (Apple Home). Judging from the page, the home furnishing sector is mainly divided into three categories: HomePod, Home App (family App) and smart home items.
With an increase of 6.7%, Vietnam's furniture exports will reach US$15.8 billion in 2022
According to the Vietnam News Agency, the latest statistics from the General Administration of Customs of Vietnam show that the export value of Vietnam's timber and wood products is expected to reach US$15.8 billion in 2022, a year-on-year increase of 6.7%. Meanwhile, Vietnam's imports of lumber and wood products rose 4.1 percent to $2.8 billion. The trade surplus is expected to be $14.1 billion, up 6.5 percent from last year.
The national building materials and household prosperity index BHI was 88.93 in December, up 2.41 points month-on-month and down 34.30 points year-on-year. The December sales of building materials and home furnishing stores above designated size nationwide were 71.825 billion yuan, an increase of 18% month-on-month and a year-on-year decrease of 39.91%; the cumulative sales for the whole year of 2022 were 1,161.076 billion yuan, a year-on-year decrease of 1.39%.
The value-added tax invoice data released by the State Administration of Taxation shows that during the Spring Festival holiday in 2023, the sales revenue of consumption-related industries across the country will increase by 12.2% compared with the Spring Festival holiday of the previous year, and an average annual increase of 12.4% over the Spring Festival holiday in 2019, maintaining a steady growth overall.
Annual inventory: 2022 home furnishing industry big data released
Recently, the major data of the home furnishing industry in 2022 have been released. According to data from the National Bureau of Statistics, the total retail sales of furniture in the country will be 163.5 billion yuan in 2022, a year-on-year decrease of 7.5%. From the perspective of major financial indicators, the operating income of the national furniture manufacturing industry in 2022 will be 762.41 billion yuan, a year-on-year decrease of 8.1%; operating costs will be 631.35 billion yuan, a year-o
U.S. mattress sales to fall 6% in 2022
According to news on February 3, according to the survey report of Piper Sandler, an American investment institution, the retail sales of mattresses in the United States will drop by 6% in 2022. Among them, sales of spring mattresses fell 9%, sales of hybrid mattresses rose 9%, while sales of foam mattresses fell 7%.
The home furnishing industry may be restricted from IPO listing
Recently, it has been reported that the China Securities Regulatory Commission has clarified the industry requirements for companies applying for the main board, and draws a line between the prohibited, restricted, permitted and supported listing categories. According to the review rules circulated on the Internet, the listing of traditional industries such as food, furniture, and home appliances will be restricted. According to incomplete statistics from 77 Degrees, in 2022, more than 40 home furnishin
March 8th is International Women's Day. Today, the boss of our company invited all the female colleagues in our office to drink coffee and milk tea. What a happy day!
MUJI announced a 25% price increase
On December 30, the Japanese lifestyle brand MUJI announced on its official website that it will adjust the prices of some products on January 13 and February 3, with an average price increase of 25%. Items that have increased in price include large furniture, plastic lockers, linen products such as bedding, and food.
Sofia's net profit in 2022 is expected to be 950 million to 1.1 billion yuan
According to the announcement, from January 1, 2022 to December 31, 2022, Sophia expects the net profit attributable to shareholders of listed companies to be 950 million to 1.1 billion yuan, an increase of 675.03% to 797.41% over the same period last year. For a profit of 123 million yuan. In 2021, the operating income will be 10.407 billion yuan. It is expected that the operating income in 2022 will increase by 520 million to 1.04 billion yuan compared with the same period of the previous year, an inc
Online furniture giant Wayfair cuts 1,750 jobs
Reuters reports - U.S. online furniture retailer Wayfair said it would cut 1,750 jobs, more than 10% of its workforce, to save costs as persistent high inflation weighs on consumer spending. This is another industry giant laying off employees after technology giants such as Amazon and Microsoft
Samsung says more than 300 companies will adopt its smart home connectivity tech
Samsung is betting on its new strategy of creating connected experiences and "bringing calm to the connected world" to enable seamless smart home connectivity. Samsung plans to bring SmartThings technology to thousands of devices developed by other OEMs. More than 300 companies will soon adopt SmartThings technology. At the same time, about 3,000 different categories of smart home devices, i
Log imports fell by more than 30% from January to October
According to the data of the General Administration of Customs of China, the statistics are as of October 2022: my country's import trade volume of timber and wood products totaled 100.595 billion yuan, a year-on-year decrease of 11.7%; the cumulative import volume of timber and wood products reached 47.79 million tons, a year-on-year decrease of 25.2%; my country's log imports totaled 36.25 million
U.S. furniture retail sales hit $12.1 billion in October
Recently, according to the data released by the U.S. Department of Commerce, the country`s furniture retail sales in October remained almost unchanged year-on-year, reflecting that consumers have shifted their consumption to other areas, and home furnishing sales have lost growth momentum. Retail sales of furniture and home furnishing rose 0.4 percent to $12.1 billion in October, according to the Commerce Department. In the retail sector, furniture posted the worst sales growth of all categories, behind
According to data from the National Bureau of Statistics, in the first 10 months of this year, the operating income of the national furniture manufacturing industry was 610.75 billion yuan, a year-on-year decrease of 6.2%; the total profit was 34.42 billion yuan, a year-on-year increase of 3.8%. The operating income of the textile industry was 2108.39 billion yuan, a year-on-year increase of 0.8%; the total profit was 71.89 billion yuan, a year-on-year decrease of 16.4%. The operating income of wood pro
UK furniture imports up 19.5% in first nine months
On November 25, the latest report released by the British Furniture Manufacturers Association (BFM) showed that in the first nine months of 2022, the import value of British furniture increased by 19.5% compared with the same period last year to more than 7.3 billion pounds, compared with 2019 before the outbreak of the new crown. This was an increase of 30.1% over the same period.
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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.