Affected by the international financial crisis, the import and export of the furniture industry experienced negative growth in the first quarter of 2009. However, with the support of a series of policy measures such as the expansion of domestic demand in the country, the production and profit of the furniture industry showed growth and showed relatively good development momentum. With the gradual implementation of the policy and the implementation of the "Light Industry Adjustment and Revitalization Plan" approved by the State Council on February 19, the development of the furniture industry will receive strong support, and it is expected to maintain a steady growth throughout the year.

1. The trend of the furniture industry in the first quarter

(1) Production maintained steady growth and the domestic market expanded further

According to data from the National Bureau of Statistics, the total industrial output value of furniture enterprises above designated size in the first quarter totaled 66.956 billion yuan, an increase of 7.01% over the same period last year. In April, the industrial output value reached 26.06 billion, an increase of 8% over the same month, and a cumulative increase of 7.2% from January to April.

Due to the decline in exports, the growth rate of the total industrial output value of the furniture industry has dropped from double-digits over the years to single-digit growth. Nevertheless, the industry's output value can still maintain a positive growth, indicating that while the demand in foreign markets is decreasing, the domestic market share of furniture products is continuously expanding. The domestic sales rate of furniture increased from 63.35% in 2008 to 65.02% in the first quarter of 2009, an increase of 8.24 percentage points over the same period of the previous year.

(2) The scale of imports and exports shrank synchronously, but exports began to pick up

According to customs statistics, the cumulative export value of the furniture industry in the first quarter was US $ 6.005 billion, down 8.03% from the same period last year. From January to April, the cumulative export was US $ 8.244 billion, down 8% from the same period of last year, and the cumulative import value was US $ 339 million, down 16.1% from the same period of last year. The growth rate of the export value rebounded month-on-month, indicating that the export of the furniture industry has a tendency to stop falling and stabilize.

(3) The product structure has been optimized, and the industry profits have been greatly improved

In the first quarter, the total output of furniture enterprises above designated size in the country was 149,270,700 pieces, a decrease of 4.82% over the same period of the previous year, but the furniture industry still had profit growth. Data from the National Bureau of Statistics showed that the main business income of furniture enterprises above designated size from January to February It was 38.299 billion yuan, an increase of 4.89% over the same period of the previous year; accumulated profits and taxes of 2.54 billion yuan, an increase of 21.31% over the same period of the previous year; realized profit of 1.501 billion yuan, an increase of 24.70% over the same period of the previous year. Under the circumstances, the added value of products has been continuously improved, and the product structure has been optimized.

According to the first quarter data, under the impact of the international financial crisis, the furniture industry is clearly polarized. This shows that the furniture industry has ended its nearly 20-year period of rapid growth and entered the stage of structural adjustment.

2. Regional development of the furniture industry

(1) Production and benefits in key regions

Furniture production is mainly distributed in Guangdong, Zhejiang, Fujian, Shandong, Shanghai, Henan, Liaoning, and Jiangsu. The cumulative output of the above eight provinces and cities in the first quarter accounted for 93.49% of the total output of the furniture industry.

According to product classification, the production of wooden furniture is concentrated in Guangdong, Shandong, Zhejiang, and Liaoning. The output of the above four provinces accounts for 78.01% of the total output of wooden furniture; the production of metal furniture is concentrated in Zhejiang, Guangdong, Fujian, Shanghai, and the production of four provinces and cities It accounts for 90.04% of the total output of metal furniture; the production of upholstered furniture is concentrated in Guangdong and Zhejiang, and the output of the two provinces accounts for 68.13% of the total output of upholstered furniture.

In the first quarter, furniture production and benefit development in key regions were relatively uneven. Although traditionally superior regions such as Guangdong and Zhejiang still maintain a leading position in terms of production scale and level, the benefits have declined significantly, and the growth rate of total industrial output value has slowed or declined; Shandong, Sichuan and other furniture industries have started late. Although the output value is lower than that of Guangdong and Zhejiang, the growth rate of profit or total industrial output value has already surpassed; the furniture industry in Beijing and Tianjin has experienced a double decline in production and efficiency or increased production without increasing efficiency, and the industry situation is poor.

(2) Comparison of key provinces

The following focuses on the introduction of four representative provinces of Guangdong, Zhejiang, Shandong, and Sichuan.

1. Guangdong Province is China's largest furniture production and export province. In the first quarter, the furniture enterprises above designated size accumulated a total industrial output value of 16.481 billion yuan, with an output of 48.844 million pieces. The growth rate is only 1.10%, which is lower than the level of the national furniture industry, and the profit has dropped by 35.59% compared with the same period last year.

2. Zhejiang Province is a province where the furniture industry in the Yangtze River Delta develops rapidly. In the first quarter, the province's furniture enterprises above designated size achieved a total industrial output value of 10.184 billion yuan, with an output of 42.812 million pieces, second only to Guangdong. In the first quarter of Zhejiang Province, the growth rate of the total industrial output value of the furniture industry fell by 6.84%, ending the period of rapid growth that had lasted for several years.

3. Shandong furniture industry relies on the development of the Bohai Rim Economic Circle, and furniture products mainly target the domestic market, and the impact of the international financial crisis is not obvious. In the first quarter, the province's furniture industry completed a total industrial output value of 9.903 billion yuan, an increase of 17.16% over the same period of the previous year; the accumulated profit from January to February was 305 million yuan, an increase of 20.37% over the same period of the previous year.

4. The furniture industry in Sichuan has positioned its products at the low and middle end from the beginning. At present, the furniture industry is basically not affected by the international financial crisis. Although the total industrial output value and profit are relatively low, the total output value in the first quarter increased by 40.57%, and the profit growth was 88.29%. Shao Sichuan furniture brands have also made some breakthroughs in the primary market, and post-disaster reconstruction has also increased the local furniture market demand.

3. Countries are increasing protection measures for furniture trade

In the face of the world economic downturn, 1. Since January 1, California, the United States has implemented a new standard for formaldehyde content in composite wood products; on January 27, the United States International Trade Commission has unsealed built-in springs for beds made in China. The final determination of affirmative damage was made in the component anti-dumping case; on February 10, the first phase of the Consumer Product Safety Improvement Act (CPSIA) came into effect; in March, the US Department of Commerce launched the fourth annual administrative review of the Chinese furniture industry.

2. After France, Belgium and Spain have successively issued laws prohibiting the import and sale of furniture containing dimethyl fumarate (DMF), the European Commission passed on March 17 Decision to put dimethyl maleate product on the market or sell the product. "

3. The major timber exporting countries continue to increase restrictions on timber harvesting and export. From January, Russia raised the log export tariff to 80%, and not less than 50 euros per cubic meter.

4. On February 6, Turkey carried out an anti-dumping sunset review investigation on furniture accessories and brackets originating in China.

4. Predicting future development trends

The future development trend of the furniture industry depends not only on its own structural adjustment, but also on the strength of policy support and the recovery of the real estate industry, which is closely related to the furniture industry.

(I) Policies such as increasing the export tax rebate rate support the furniture industry to pick up

With the national investment of 4 trillion yuan, ten measures to expand domestic demand and six measures to support the healthy development of the textile industry, the export tax rebate rate of some furniture products has been recalled three times, and 17 customs-coded products involving furniture have been removed from the restricted category. A series of supporting policies such as eliminating and suspending the "real transfer" of the processing trade margin account have been gradually put into place, and the "Light Industry Adjustment and Revitalization Plan" adopted by the State Council will be implemented, and the furniture industry will receive strong support for export.

In general, the world relies heavily on cheap Chinese furniture. As the world ’s largest furniture exporter, China ’s long-term production of OEM products relatively meets the needs of the international market, and it also lays the foundation for universal products. Status, so the basic status of the furniture industry "Made in China" will not fundamentally change.

(2) The industry's own adjustments lay the foundation for the accelerated recovery in the future

The eastern coastal area is affected by the rising cost of factors such as land, raw materials, and labor. Furniture companies, especially export-oriented companies, have a growing trend of gradient transfer to resource-rich areas such as central, southwest, and northeast. The origin is relatively concentrated. At the same time, a large number of enterprises have actively explored domestic sales channels to seize the inland and coastal secondary and tertiary markets. Competition is becoming increasingly fierce, which will accelerate the industry's "shuffle".

According to the basic law of cyclical economic development, the industry will inevitably have a period of adjustment after completing high-speed development. The overall slowdown is a normal adjustment. In the next 5 to 10 years, China's furniture industry may experience large-scale industry integration. In this process, some enterprises will stand out from the advantages of independent brands, innovative design, good quality and low cost. In turn, the industry is ushered in a new round of development and growth.

(3) The state's macro-control on the real estate industry will promote the market to pick up

The prosperity of the real estate market is directly related to the future trend of the furniture industry. At present, the domestic housing market is recovering in the short term, and the mid-term adjustment is still not over. The growth rate of development investment has dropped significantly compared with the same period of last year, so it has restricted the development of the furniture industry to a certain extent. However, it is believed that the country's support policies for the real estate industry are constantly in place, developers are actively adjusting and consumer confidence is improving, the real estate industry will definitely pick up, and the furniture industry has good prospects for future development.

In the short term, due to the fact that the international economic crisis has not bottomed out yet, the negative impact on the furniture industry is still relatively large. Therefore, under the influence of various factors, the furniture industry will maintain a relatively stable growth trend this year and make positive contributions to the development of the national economy.

Hotel And Project

Stylish and functional alternative: Elegant toilet tissue holder is a great replacement for those traditional types, no more spring-loaded spindle to deal with.

Featuring delicate, unadorned style, the Gunmetal Bathroom toilet brush holder is a study in tasteful simplicity. This stylish towel brush holder for bathrooms comes with mounting hardware and a template for easy home installation.

Hotel And Project,Tissue Paper Stand,Toilet Brush Black,Bathroom Black Toilet Brush Holder

Kaiping city Pinsen Sanitary ware Co.,Ltd , https://www.corpthen.com

Posted on