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Fujian's furniture exports in 2008 grew smooth faces two major outstanding problems    2009-2-4


    Fuzhou Customs statistics showed that the global financial crisis, Fujian Q4 furniture obvious slowdown in export growth, export growth rate was only 11 percent over the previous 3 quarter's 22.9 percent export growth eased substantially 11. 9 percentage points. Throughout the year, Fujian exported 1.596 billion U.S. dollars of furniture than the 19.5 percent growth in 2007.
     Fujian Province in 2008 the major furniture exports to the United States and the European Union, the value of domestic exports were 700 million U.S. dollars and 450 million U.S. dollars, respectively, an increase of 10.1% and 19.4%, of these two markets accounted for the same period the value of domestic exports of furniture in Fujian Province total export value of 72.1%. In addition, Canada, Japan faster export growth, exports were 085 million U.S. dollars, 077 million U.S. dollars, respectively, an increase of 29% and 27%.

     Export commodities, wood furniture exports 460 million U.S. dollars, an increase of 7.3%; wooden framework export 090 million U.S. dollars, an increase of 7.5%; metal framework export 390 million U.S. dollars, an increase of 13.8% ; metal furniture exports 370 million U.S. dollars, an increase of 25.1%, the above-mentioned 4 types of merchandise exports accounted for the same period in Fujian Province, the total value of furniture exports 82.1%.

     Fuzhou Customs have pointed out that in the long run, Fujian Province, facing the furniture industry exports two outstanding issues:

     First, the global economic slowdown led to declining external demand is still a major factor in the affected industries. By the U.S. sub-loan crisis and the financial crisis, Fujian Province, the main furniture export market the United States, the European Union and other developed countries has seen distinct signs of economic recession, lack of consumer confidence, furniture, clothing and other goods, consumer demand dropped significantly. Many furniture export enterprises are facing reduced orders, did not dare take a single, the U.S. furniture orders from China and Indonesia, the flow of problems. Data show that in Q4 of furniture exports in Fujian Province have shown a weak state.

     Second, the United States on China's wooden bedroom furniture to impose high anti-dumping tax policy restricting China's furniture export. The anti-dumping tax policy for one year a review of last year to review anti-dumping tax rates as high as 35.78%. Affected by this, the United States in 2008 in Fujian Province wooden furniture exports 190 million U.S. dollars, down 10.1 percent.

     To this end, the Fuzhou Customs recommendations related to the consolidation of existing enterprises in the export market, based on the increase of Russia, the Middle East, Africa and other emerging markets, improve product quality, improve product mix, strengthen the development of independent brands, enhance the competitiveness of products ; at the same time focus on the domestic market development, China's per capita consumption level of the furniture is still significantly lower than the international level of consumption, the future of the domestic market there is room for growth, together with the national 4 trillion yuan of the funds to expand domestic demand, will bring the furniture manufacturing industry opportunities.

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