Furniture: Regional Purchases Went Down 10%

In 2018, imports of home and office furniture in Central American countries totaled $371 million, 10% less than what was reported in 2017, a drop that is partly explained by the behavior of purchases from Chinese companies.

Monday, July 1, 2019

Import of furniture in Central America Al December 31st, 2018  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with graphicClick to interact with graphic

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Panama, Biggest Buyer
In 2018 the main importer of furniture in Central America was Panama with $118 million, followed by Costa Rica with $88 million, Guatemala with $58 million, Honduras with $43 million, El Salvador with $38 million and Nicaragua with $27 million.

Main Suppliers
During the last year, 26% of the value imported from Central America was from China, 23% from the U.S., 6% from Italy, 4% from Colombia and 4% from Brazil.

In the last seven years Italy has been one of the countries of origin of Central American imports that has grown the most, as in 2012 represented 3% of the total value purchased, and in 2018 rose to 6%.

Regional Business Behavior
Between 2017 and 2018, the value imported into the region fell 10%, from $411 million to $371 million.

The year-on-year decline in imports in general contrasts with the reported rise in purchases from Italian companies, since between 2017 and 2018 they increased 11%, growing from $20.4 million to $22.6 million.

Note: For this report, prepared by CentralAmericaData, SIECA data were used.

More on this topic

Central America Buys More Italian Furniture

March 2019

In the first nine months of 2018, imports of home and office furniture in Central American countries totaled $270 million, and purchases from companies in Italy grew 19% over the same period in 2017.

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

Chinese Furniture Imports Keep Rising

November 2018

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.

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: [GRAFICA caption="Click to interact with graphic"]

Furniture Market up to March 2018

August 2018

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"]

Furniture: Growing Business in Central America

May 2018

In 2017, countries in the region imported $411 million worth of home and office furniture, 2% more than in 2016, reaffirming the upward trend registered since 2014.

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

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