Recently, according to statistics from the International Tropical Timber Organization ITTO, the import volume of wooden furniture in the United States in October increased month-on-month, while the imports of solid wood flooring and hardwood molding materials fell month-on-month.
The import volume of wooden furniture increased by 9% month-on-month in October, but still decreased by 10% compared with the same period last year. This is mainly caused by the United States reducing imports from the Chinese market. Imports from China in October fell by 3%, while year-to-date imports fell by 27% year-on-year. On the other hand, wooden furniture imported by the United States from other major trading partners in October increased month-on-month and year-on-year.
The import volume of solid wood flooring decreased by 12% month-on-month in October and decreased by more than 25% year-on-year. Year-to-date, the import value of solid wood flooring in the United States has increased slightly from the same period last year, an increase of 3%. Among them, imports from China and Indonesia remained stable, while imports from other major trading partners fell by at least 10% during the month.
Imports of US splicing flooring fell by 3% in October, and year-to-date imports fell by 1% year-on-year. Among them, imports from China fell by 4%, and year-to-date imports fell by 41%. Imports from Vietnam and Thailand both fell month-on-month in October, but still significantly exceeded the imports in the same period last year. Year to date, flooring imports from Vietnam have increased by 114%, while those from Thailand have increased by 38%.
Imports of hardwood molding materials fell by 14% month-on-month in October, mainly due to sharp declines in imports from China and Malaysia. Among them, Malaysian imports fell by 34% and China's imports fell by 25%. Year-to-date total imports have fallen by 24%, of which imports from China and Brazil accounted for about half of last year's total.