Japan's imports of bedroom furniture continued down in June marking the second monthly decline after the steep rise seen in the months prior to the consumption tax rise in April this year. The demand for both office and kitchen furniture has weakened and this is reflected in the flat import levels.
Office furniture imports (HS 9403.30)
China, Poland, Portugal and Italy provided around 85% of all Japan's June imports of office furniture. Imports from June imports from China were about the same as in May while the value of imports for the others fell except for Italy which expanded exports to Japan. Overall, June imports of office furniture were down over 16%.
June 2014 office furniture imports (HS 9403.30)
Imports June 2014 Unit 1,000 Yen |
|
S. Korea | 441 |
China | 128915 |
Taiwan P.o.C. | 4113 |
Hong-Kong | - |
Vietnam | 322 |
Thailand | 472 |
Malaysia | 2630 |
Philippines | - |
Indonesia | 6240 |
Sweden | 306 |
Denmark | - |
UK | - |
Netherlands | - |
Belgium | - |
France | 1592 |
Germany | 10881 |
Switzerland | 269 |
Portugal | 27893 |
Italy | 21758 |
Poland | 48300 |
Lithuania | 2933 |
Slovakia | 1503 |
Canada | 2079 |
USA | 4590 |
Mexico | - |
Australia | - |
Total | 265237 |
Source: Ministry of Finance, Japan
Kitchen furniture imports (HS 9403.40)
The top suppliers of kitchen furniture to Japan in June remained Vietnam and China which together supplied 55% of imports. A further 26% was supplied by Philippines and Indonesia. In May Germany was a significant supplier of kitchen furniture but in June exports to Japan fell. Overall, there was a 12.5% decline in kitchen furniture imports compared to a month earlier.
June 2014 kitchen furniture imports
Imports Unit 1,000 Yen |
|
S. Korea | - |
China | 194790 |
Taiwan P.o.C. | - |
Vietnam | 455947 |
Thailand | 1334 |
Malaysia | 19181 |
Philippines | 174521 |
Indonesia | 83049 |
India | - |
Denmark | - |
UK | 828 |
France | 347 |
Germany | 26991 |
Portugal | - |
Italy | 10268 |
Poland | - |
Austria | - |
Romania | 1538 |
Lithuania | - |
Canada | 1051 |
USA | 5310 |
Total | 975155 |
Source: Ministry of Finance, Japan
Bedroom furniture imports (HS 9403.50)
June bedroom furniture imports were marginally down on May levels (-4%) with the top three of China, Vietnam and Thailand accounting for the bulk of imports (80%). Poland and Slovakia featured in the top ranked suppliers but their combined contribution amounted to a little above 5%.
June 2014 bedroom furniture imports
Imports 2014 June Unit 1,000 Yen |
|
S. Korea | - |
China | 1037515 |
Taiwan P.o.C. | 9730 |
Vietnam | 496314 |
Thailand | 102435 |
Singapore | - |
Malaysia | 70044 |
Philippines | - |
Indonesia | 50018 |
Kazakhstan | - |
Denmark | 3022 |
Sweden | 3097 |
UK | - |
France | - |
Germany | 1717 |
Switzerland | 1499 |
Spain | - |
Italy | 13521 |
Poland | 66709 |
Austria | 344 |
Romania | 7774 |
Turkey | - |
Latvia | - |
Lithuania | 10558 |
Bosnia and Herzegovina | - |
Slovakia | 25867 |
USA | 8996 |
Brazil | - |
Total | 1910190 |
Source: Ministry of Finance, Japan