Global trade seen rising 3.2%
Furniture Today Staff -- Furniture Today, January 29, 2014
Milan, Italy - Global furniture trade is forecast to rise to $128 billion in 2014, a 3.2% gain from the $124 billion estimated for 2013, according to the Milan-based Centre for Industrial Studies.
CSIL's recently published WorldFurniture Outlook 2014 analyzesthe furniture trade between 70 majorcountries. According to an abstractof the report, the trade figuresfor 2013 and 2014 will eclipse thepre-recession peak of $117 billionin trade between the 70 countriesin 2008.
The report looks at activity infurniture-producing countries suchas China, Germany, Italy, Polandand the United States as well as furnitureconsumption by geographicalregions, such as Western Europe,North America, Asia, South Americaand Central and Eastern Europe.
It identifies the United States,Germany, France, the United Kingdomand Canada as the leadingimporters. It goes on to state thatthe U.S. and Canada have reachedor exceeded pre-recession importlevels, but that the recovery has beenslower in Europe.
More information on the reportis available by contacting firstname.lastname@example.org. The full report can bepurchased online and downloadedat www.worldfurnitureonline.com
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