Question

Chinese furniture industry analysis from 2010 to 2020 export and import write less than 3000 words

Answer 1

China is the top furnitue exporter country while USA is the top furniture importer country.

China furniture exports recorded the value of USD 89500005 thousand during the year 2016 and it represents 38.2% of world furniture export.

chinese furniture has been in demand due to its top class products and reliability is a factor that attracted many foreign customers .

china is exporting in around 220 countries across the world .

china continues to rank as the world's leading manufacturer and exporter of wooden furniture , capturing about 40% of a US$57 billion global market

According to chines customs statistics , both the volume and value of cina's wood furniture exports reached an all-time high in 2015 , worth an estimated US$23 billion .

In 2015, about 40% of china's total forest product exports consisted of wood furniture.

Exports of furniture in china decreased to 5351700 USD THO in August from 5530500 USD THO in July 2020.

EXPORT VALUE OF FURNITURE FROM CHINA DURING 2010 TO 2018 :

YEAR	VALUE IN BILLION U.S. DOLLARS
2010	32.99
2011	37.94
2012	48.82
2013	51.82
2014	52.02
2015	52.8
2016	47.78
2017	49.92
2018	53.66

As the result of weakening global demand the value of china's wooden furniture exports fell 10% to $9.8 billion in the first half of 2019

The value of china's wooden furniture exports to USA was $3.807 billion , a year-on-year decline of 18%, as LLTO reported

The proportion of china's wood furniture exports value to USA dropped to 39% in the first half from 42% in the first half of 2018.

it is anticipated that the value of china's wooden furniture exports to the USA will fall further

The united states imported 55% of wood furniture from china in 2018

Many of the leading furniture designers have their furniture produced in china

The population of china is also playing a vital role in making this country the biggest exporter in furniture .

The furniture in chines markets is unique . you can even find furniture otiems which don't use any nails or glue.

According to a study , in the year 2010 alone , 60% of the total revenue of china came from its furniture industry by selling locally as well as in the international market .

Due to its amazingly high population ,china has a lot of people looking for job opportunities .

70% of furniture suppliers are based in Guangdong province.

The size of the market can be imagined from the fact it has more than furniture from 1500 manufacturer.