Statistics: China*s furniture exports between Jan-Aug 2007

[2008-12-23 17:05:45]

Statistics: China*s furniture exports between Jan-Aug 2007
http://www.365f.com    2007-11-27 10:56:32


??According to China Customs statistics, between January 每 August, 2007, the total furniture exports from China dropped by 45.55% to 1.34 billion pieces, compared to the same period of the year before. However, in terms of dollar amount, China exported about US$14 billion of furniture products, representing 26.41% up from last year. Accordingly, average furniture price per pieces jumped by 132%, from US$4.49 to US$10.42.

??US is still the biggest market for the Chinese furniture suppliers, which takes US$ 6.049 billion of sales, or 43.2% of the total, though its share is declining consecutively from 2005 (47.8%) and 2006 (46.4%) during the same period. European market as a whole represents the second biggest buyer. It is worth noting that Japan surpassed Hong Kong by marginally 0.1% in dollar amount to be the third largest market, reporting $0.87 billion of sales, or 6.2% of the total.

??Guangdong Province exported $5.6 billion, or 40.1% of the total, topping all the furniture exporting regions in China. It is far followed by Zhejiang ($2.8 billion, 20%), and Shanghai ($1.4 billion, 10.2%).

??China-based foreign-invested firms account for $8.028 billion of sales, or 57.4%of the total exports. However, its share is shrinking compared to previous years. The second largest group of exporters consists of private companies, which are growing steadily in the export market.

Source: 天天家具网
Related Articles: