Chinese Furniture Imports Keep Rising

In the first semester of the year, imports of home and office furniture in Central American countries reached $148 million, and purchases from Chinese companies grew 3% with respect to the same period in 2017.

Monday, November 5, 2018

Import of furniture in Central America Al September 30th, 2019  

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Figures from the information system of the Home and Office Furniture Market and its Parts in Central America, from the Trade Intelligence Area of CentralAmericaData: Click to interact with graphicClick to interact with graphic

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Imports by country
In the first six months of 2018, the main importer of furniture in Central America was Panama, with $53 million, followed by Costa Rica, with $41 million, Guatemala, with $27 million, Honduras with $20 million, and Nicaragua and El Salvador with $17 million respectively.

Origin of imports
From January to June 25% of the value imported from Central America was from China, 23% from the U.S., 7% from Italy, 4% from Colombia and 4% from Brazil.

According to the semester in question of the last seven years, China is the country of origin of Central American imports that has increased the most, since in 2012 represented 19% of the total value purchased, and in 2018 increased to 25%.

Variation in regional imports
Between the first half of 2017 and the same period in 2018, the value imported into the region decreased 5%, from $185 million to $175 million.

The year-on-year decline recorded in imports from January to June, generally contrasts with the reported increase in purchases from Chinese companies, since between the first half of 2017 and the same period in 2018 increased 3%, from $42 million to $44 million.

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Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

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Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Furniture Market up to March 2018

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In the first quarter of the year imports of home and office furniture in Central American countries totaled $89 million, 2% less than was imported in the same period in 2017.

Figures from the information system on the Market for Home and Office Furniture and Parts in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Panama: Furniture Imports up to March 2018

July 2018

In the first quarter of the year, the country reported $27 million in purchases of home and office furniture, and imports from Italy grew by 21% compared to the same period in 2017.

Figures of the information system on the Market for Home and Office Furniture and Parts in Panama, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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