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U.S. furniture imports fall 22% in first half of 2009

By Thomas Russell -- Furniture Today, November 9, 2009

U.S. furniture imports fell 22% for the first six months of 2009 as consumer demand skidded during the recession, according to new figures from U.S. government sources.

Numbers compiled by Furniture/Today's market research staff from the U.S. Customs Service, Census Bureau and International Trade Commission data showed that furniture imports in the first half were just under $9.1 billion, down from $11.6 billion in the same period in 2008.

Of the top 20 countries shipping furniture to the U.S., 17 saw double-digit drops during the period. Two, Vietnam and France, fell 6%, while only one — Poland — posted a gain, an 86% jump to $103.4 million that placed it at No. 9 on the list.

China retained its No. 1 spot, although its first-half shipments to the United States fell 19% to $5.4 billion.

Remaining a distant second was Vietnam, whose shipments fell 6% to $612.7 million.

No. 3 source Canada's shipments fell 44% — the sharpest drop among the top 10 countries — to $580.9 million from $1.03 billion a year ago.

In order, Canada was followed by Mexico (down 22% to $415.5 million); Malaysia (down 15% to $290 million); Italy (down 43% to $257.9 million); Indonesia (down 22% to $235.9 million); Taiwan (down 23% to $216 million); Poland (up 86% to $103.4 million) and Thailand (down 19% to $95.7 million).

Further down the list were Germany (down 35% to $91.3 million); France (down 6% to $62.7 million); Brazil (down 40% to $54 million); Austria (down 41% to $49.7 million); the Philippines (down 52% to $41 million); India (down 13% to $40.9 million); the United Kingdom (down 30% to $35.5 million); Sweden (down 23% to $26.9 million) Norway (down 32% to $25.7 million) and Denmark (down 25% to $24.9 million).

For many source countries, shipments dropped more sharply in the first half of this year than they did for all of last year. For all of 2008, total U.S. furniture imports were down 6% from 2007, to $22.6 billion.

Imports
U.S. furniture imports by country, January – June 2009
shipments in $ thousands

2009 2008 revised % change from 2008
Source: U.S. Customs Service, U.S. Census Bureau, U.S. International Trade Commissionand Furniture/Today market research
WORLD $9,075,544 $11,648,003 -22%
China 5,366,684 6,596,928 -19%
Vietnam 612,730 649,182 -6%
Canada 580,868 1,029,121 -44%
Mexico 415,549 533,035 -22%
Malaysia 289,976 339,161 -15%
Italy 257,870 449,284 -43%
Indonesia 235,865 300,769 -22%
Taiwan 216,025 281,553 -23%
Poland 103,400 55,590 86%
Thailand 95,716 118,336 -19%

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