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U.S. consumer furniture orders fell 41% in May, shipments rose 10%
Recently, American consulting firm Smith Leonard released the latest "Furniture Insights" report. The report shows that in May this year, new orders for residential furniture in the United States fell by about 41% year-on-year, and the number of new orders from January to May fell by 25% year-on-year. Compared to May 2021, residential furniture shipments increased by 10% in May and 7% in the first five months of the year. The backlog of residential furniture fell by 8% month-on-month and 4% year-on-year
According to data from the National Bureau of Statistics, from January to June this year, the operating income of the national furniture manufacturing industry was 360.4 billion yuan, a year-on-year decrease of 4%; the total profit was 17.48 billion yuan, a year-on-year increase of 2.6%. Among them, the profit of the furniture industry increased by 20.6% in June, from a decline to an increase. The operating income of the textile industry was 1,248.98 billion yuan, a year-on-year increase of 4.7%; the to
According to data from the National Bureau of Statistics, from January to June this year, the operating income of the national furniture manufacturing industry was 360.4 billion yuan, a year-on-year decrease of 4%; the total profit was 17.48 billion yuan, a year-on-year increase of 2.6%. Among them, the profit of the furniture industry increased by 20.6% in June, from a decline to an increase. The operating income of the textile industry was 1,248.98 billion yuan, a year-on-year increase of 4.7%; the to
On July 13, according to customs statistics, in the first half of this year, the export value of furniture and its parts was 226.47 billion yuan, a slight increase of 0.2% year-on-year. The export value of ceramic products was 94.16 billion yuan, a year-on-year increase of 9.3%. The export value of lamps, lighting devices and their parts was 140.13 billion yuan, an increase of 1% year-on-year. Judging from the single month of June, the export value of furniture and its parts was 41.01 billion yuan; the export value of ceramic products was 20.1 billion yuan; the export value of lamps, lighting
Smart home local policies are frequently issued, releasing major benefits.
In the first half of 2022, countries and regions have issued relevant opinions on smart home, injecting a booster for the development of the smart home industry. Among them, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Accelerating the Construction of a National Unified Market" proposes to "promote the unification of standards in fields such as smart home and security, and explore the establishment of a smart device identification system." Locally, "Gua
U.S. report: Furniture was the only manufacturing industry that lost money in May
Recently, ISM, the world's most authoritative association for procurement, supply and logistics management, released the US manufacturing report for May. ISM said that the purchasing managers' index of the US manufacturing industry in May was 56.1%, an increase of 0.7 percentage points year-on-year, and the overall economy achieved 24 consecutive months of growth. Among them, the order backlog index was 58.7%, and the inventory index was 55.9%. In May, 15 U.S. manufacturing industries reported increases
On June 27, the National Bureau of Statistics released an announcement on the profit data of industrial enterprises above designated size in the country from January to May 2022. The announcement shows that in the first five months of this year, the operating income of the national furniture manufacturing industry was 294.89 billion yuan, a year-on-year decrease of 2.5%; the total profit was 13.26 billion yuan, a year-on-year decrease of 2.1%. The operating income of the textile industry was 1,021.13 bi
China becomes Germany's largest source of furniture imports
In the first quarter of this year, German furniture imports maintained strong growth, with the import value increasing by 19.6% year-on-year to 2.9 billion euros. Among them, China's furniture exports to Germany totaled 986 million euros, a year-on-year increase of 38.3%, and continued to be Germany's largest source of furniture imports. At the same time, the export value of the German furniture industry in the first quarter was 2.14 billion euros, an increase of 11.8% year-on-year; among them, the tota
According to customs statistics, from January to April 2022, my country's total import and export of wood and wood products (including logs, sawn timber, household or decorative wood products, plywood and similar multi-layer boards, etc.) The total amount is 75.973 billion yuan. From January to April this year, my country's total log imports were 13
Manufacturing PMI rebounded to 49.6% in May
According to data released by the National Bureau of Statistics, with the steady progress of resumption of work and production in Shanghai, Jilin and other provinces, in May, China's manufacturing Purchasing Managers Index (PMI) rose by 2.2 percentage points from the previous month to 49.6%, but it still fell short of the boom line. The National Bur
Overtaking Vietnam, China is once again the largest furniture importer in the U.S.
According to the latest data from the United Nations COMTRADE international trade database, in 2021, the total value of imported furniture, lighting fixtures and prefabricated buildings in the United States will reach 81.39 billion US dollars. Among them, the total value of furniture imports exceeded 29 billion US dollars, an increase of 28% from last year's 22.7 billion US dollars. In 2021, China exported furniture worth US$9.117 billion to the United States, an increase of 24% from US$7.331 billion in
In the fourth quarter of 2021, China's smart home device market shipments reached 63.37 million units, a year-on-year increase of 4.1%. For the full year of 2021, shipments of China's smart home device market exceeded 220 million units, a year-on-year increase of 9.2%. While the market does not reach double-digit growth in 2021, shipments show that smart home upgrades are the main growth driver in 2021.
According to the latest data report of the US Labor Statistics, US building materials price increased by 20.4% year-on-year, an increase of 33% over the epidemic. March cork prices rose 6%, and this data increased by 2.6% and 25.6% respectively in February, so the price of soft wood in a quarter increased by 36.7%. Since the lowest in September 2021, the price of cork in March has almost doubled, an increase of 90.4%.
According to the survey of the China Institute of Residential Industry Branch, the output value of head enterprises in the home improvement industry in the first quarter of 2022 fell by about 10%year-on-year, and it was enlarged to the entire industry. It is expected to be 25-30%year-on-year. From the perspective of the region, the Central China market has performed well. For example Too good, East
Sea freight, which remains high, has fallen, with an average drop of 20%
Recently, despite the soaring fuel costs, the originally high international ocean freight rates have fallen significantly. According to industry insiders, the actual shipping price of container ships has dropped by about 20% on average since the Spring Festival. The freight rate from China to West America has dropped from about 12,000 US dollars to 8,000 US dollars now, more than 30%, and the European line has dropped even more. The reason behind the drop in sea freight rates is that the upgrade of
News of foreign trade port congestion and high freight rates
September to December is an important season for international trade. Everyone is very concerned about a maritime issue. Since the epidemic, various routes have seen congested ports and increased freight rates.
130th Canton Fair-the first time to be held online and offline at the same time
For the first time in the 130th Canton Fair, a new model of online and offline integration was implemented. The offline exhibition will be held in Guangzhou, China from October 15 to November 3, 2021. With the theme of promoting domestic and international dual cycles, this year's Canton Fair will fully expand the invitation of domestic buyers to participate, and create a high-quality trade docking platform for exhibitors and buyers.
"Autumn's first cup of milk tea"
In the beginning of autumn 2021, the buzzword "Autumn's first cup of milk tea" began to appear on the Internet. Everyone ordered milk tea on Liqiu's day. Milk tea seems to have become a ritual of the day, just like eating turkey on Thanksgiving. Most people think that this is a marketing activity for consumers in the current milk tea culture industry.
Cabinet Business Trend Summary
According to the monthly business trend survey of the Kitchen Cabinet Manufacturers Association, participating cabinet manufacturers reported that compared with the same month in 2020, overall cabinet sales in June 2021 increased by 14.0%. Customized sales increased by 23.4%, and semi-customized sales increased by 18.7%.
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.