US Containerized Imports of Furniture Up in 2Q

US Containerized Imports of Furniture Up in 2Q

U.S. Furniture ImportsU.S. Furniture Imports

U.S. containerized imports of furniture continued to grow in the second quarter of 2013, with volume up 1 percent year-over-year to 561,689 20-foot-equivalent units. This increase, the seventh consecutive quarterly year-over-year rise, was at a slower rate compared to the past four quarters, but despite this, import volume reached its highest level since the second quarter of 2007.

Second quarter 2013 containerized furniture imports jumped 5.7 percent from the first quarter, according to preliminary data from PIERS, a JOC sister company.

Mainland China, not including Hong Kong, held 71.7 percent of the U.S. furniture import market in the second quarter of 2013. Other top countries of origin for U.S. furniture imports in the second quarter were Vietnam, with a 9.4 percent share; Malaysia, 3.2 percent; and Indonesia, 2.9 percent. Furniture imports from Indonesia in the second quarter jumped 19 percent in volume year-over-year.

Italy remained the sixth-largest supplier of U.S. furniture imports in the second quarter, with containerized volume up 10 percent year-over-year.