Home and Office Furniture

Asia in recent years has increased demand for its products in major markets worldwide in the United States and Japan established experienced. A sector that has benefited from this increased demand is the establishment. Purchased For example, in 1990, the United States, the largest market for imported furniture, approximately 1.7 million of furniture from Asian countries. In 2000 this figure had risen to over 7 million dollars in 2004 and has nearly doubled in four years. Breaking this trend for the nation, China and the Association of Southeast Asian or ASEAN (including Indonesia, Malaysia, the Philippines are the most important members) are responsible for most gains, while demand was for imports from Korea and Japan and Taiwan, stable, declining demand for its exports of furniture. This is where you begin to see clearly the reasons for these differences. More developed countries like Japan, Korea, Taiwan and appreciation of their currencies, which led to increased labor costs associated. China remains an exception to this, and also a highly developed country has been carefully controlled to revalue its currency. Japan, Taiwan and Korea was not necessary on domestic supplies of major raw materials for furniture manufacturing, while China and ASEAN are again exceptions. These resources include materials such as wood, metals (steel and aluminum) and vegetable fibers and fabrics. With China and ASEAN now accounts for 92% of all Asian furniture imports to the United States in 2004, it is easy to see that the double advantage of labor cheap and abundant local supplies raw materials for the success of crucial importance relative to other exporters in the region.

In fact, the difference in production between China and ASEAN and other regional competitors is so pronounced that Japan has become a major importer of furniture manufactured in Asia. Moreover, Taiwan had to accept the idea of abandoning the market for wooden furniture manufactured, and the body starts producing more than metal. China, but also large local supplies of cheap steel, which should constitute a challenge to potential competitors in the future of Taiwan. It may be that the only risk to the dominance of China and ASEAN can be as a supplier of Asian demand for furniture in the United States, the United States itself. In recent years, many Taiwanese manufacturers have responded by industrial goods in Europe and the United States with hostility to competition from Asia in general and particularly in China. Not competitive, domestic industries were formed in these markets, groups of strong political pressure to accomplish tasks in a wider range of Asian products and imports from China. Only in November 2005 succeeded the powerful American textile lobby in order to gain more protection, then approved by the Committee for the implementation of textile agreements, “date”, an organization with fresh unilateral authority. In the context of global trade in furniture, Asia is also showing signs of healthy growth compared to their international competitors. Of all the equipment imported to the United States in 2004, over 50% from Asia. This represents an increase of almost 40% four years ago as a result of an increase of about 90% of furniture imports from Asia to the United States. Compare that with an increase of 34% from Mexico, 3% of Canada, and an increase of only 0.7% of the EU in the same period. Regarded as a function of volume and growth in Asia is clearly the strongest growth in furniture exports to the United States. Read the rest of this entry »