Guatemalan Wood Markets Recovered

The U.S. market has once again become significant for the Guatemalan furniture and wood industry.  

Thursday, August 1, 2013

Until last June sales of furniture and forest products to the U.S. market represented 28% of total exports of the sector, by the end of 2013 sales are expected to exceed $100 million.

The information was released at the opening of the 26th edition of Expomueble, an event which "brings together all of the producers in the furniture and forest products sectors in Guatemala in an area of over 8 thousand square meters of exhibitions", reported Estrategiaynegocios.net.

"This show, over more than two and half decades, has become an icon of design, fashion and furniture industry trends, both for local consumers as well as shops and chains in Central America," said Carlos Porras, president of the organizing committee of Expomueble. The event will help fro the first time, nine Panamanian companies and regional chains, making a total of 26 international buyers.



More on this topic

Wood Products: Business with Potential

July 2019

Because wood is being demanded for different types of use, opportunities have been identified to design and manufacture several differentiated products with high marketing potential.

According to Guatemalan businessmen in the sector, wood is no longer being used only for the manufacture of furniture or decoration of residences, but is also being demanded in corporate spaces such as offices and work environments, and in places such as retail stores, restaurants, hotels and hospitals.

Rise of the Timber Industry in Guatemala

August 2012

The opening of Expomueble shines a spotlight on the growing numbers of exports of furniture and wood products.

In the first half of 2012 exports from the sector totaled $43 million, confirming the trend that started 25 years in 1986 with overseas sales of just $3 million.

More Guatemalan Furniture Goes to U.S.

May 2012

The export of furniture and wood products from Guatemala shows a growth of 25% from January to March 2012.

An improved U.S. economy is proving positive for the timber sector in Guatemala. The growth of exports from January to March 2012, is equivalent to $21 million.

"Ivar Pérez, Executive at the Furniture Manufacturers Committee (Cofama) of the Guatemalan Exporters' Guild and president of Muebles Sinai, agreed that the reactivation of the U.S. construction industry is favorable for Guatemala. As stated, the growing demand has caused inventories to become depleted and orders have increased," reported Prensalibre.com.

Guatemala: Manufactured Wood Exports Increase by 20%

September 2011

Foreign sales of wood products up to July increased by $718 million, equivalent to 19.8%.

Data from the Bank of Guatemala indicates that total exports for July amounted to $4,347 million.

The main markets for Guatemalan furniture are Central America, the United States and Europe.

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