US hardwood flooring imports rise on surge from Indonesia

Fuente:
ITTO/Fordaq
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US imports of hardwood flooring rose 7% in January as imports from Indonesia continued to surge. Imports from Indonesia rose 15% in January, gaining for the fifth consecutive month.

At US$1.67 million, imports from Indonesia reached their highest total since November 2012 and greatly outpaced January 2022 imports, which were less than US$100,000. Imports from China and Brazil both gained nicely versus the previous month but were well behind last January with imports from China down 29% and imports from Brazil down 37%.

Imports from Malaysia were flat month-to-month and down 14% from last January. Total imports in January were up 17% over January 2022.

Imports of assembled flooring panels fell for the fourth straight month, losing 7% in January. The decline from last month was chiefly due to a 36% drop in imports from Thailand and a 25% slide in imports from China.

Total imports are down by a massive 46% versus the previous January, with imports from Thailand down 85%, imports from China down 48%, and imports from Vietnam down 41%.

Moulding imports down

US imports of hardwood moulding fell 8% in January, dropping for a fourth consecutive month. A decline in imports from China offset gains in imports from Malaysia and Brazil.

The 26% drop in imports from China left January imports from China at less than half of their January 2022 level, and despite their rise from December’s figures, imports from Malaysia were 44% off their January 2022 pace.

Total imports of hardwood moulding are down 22% from the previous January.

US wooden furniture imports begin to recover

US imports of wooden furniture rose 6% in January, stemming a steady slide from the record levels set in the summer. The US$1.8 billion in January imports is 15% below the January 2022 figure. The gain was due to increasing imports from India (up 38%) and Indonesia (up 25%). Despite small gains for the month from most trading partners, imports from most counties are down versus a year ago. The exception is imports from Canada, which are up 10% from last month and up 8% from the previous January.

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