The current difficulties and opportunities faced by China's furniture exports (1)

Since the reform and opening up, the Chinese furniture industry has experienced a 10-year adjustment transition period and a 20-year high-speed development period, and has now become a major furniture production and export country. Affected by the international financial crisis, the major foreign markets were sluggish, causing furniture to fall sharply, but after entering 2010, the scale of exports rapidly expanded and exceeded the same value in recent years. Exports will remain an important direction for the development of the furniture industry. The current situation is that difficulties and opportunities coexist.

According to customs data, from January to May 2010, the cumulative export of the furniture industry was 1,295.9 billion US dollars, an increase of 26.10% year-on-year; of which, seats and their parts increased 22.12% year-on-year, and wooden furniture increased 42.58% Metal furniture increased by 35.15% year-on-year. I. Judging from the trend of monthly export value: the overall trend was upward in 2007; there was a slight shock before August 2008. It started to rise again after September: It fluctuated sharply in the first half of 2009, and began to grow steadily in September, and showed a rapid increase at the end of the year; the monthly export value from January to May 2010 was higher than that in the same period of recent years. Inertial decline, but still exported 2.157 billion yuan, close to the level of September 2008: May 2010 exports 30 2Q0 B, even more than the 2007 and 2008 exports in February and February.

China's furniture exports to more than 200 countries (regions), the United States, Europe, Japan and other economically developed countries (regions) as the main export target. However, we must see that since the 2008 international financial crisis, China ’s exports of leopard furniture to developed countries (regions) such as the United States, Europe, and Japan have changed from year-on-year growth to a reverse decline. The market showed strong growth momentum.


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