The development of the furniture industry in 2012 was relatively stable. From the data from January to December, the growth rate of industrial sales output value of major sub-industries remained at double digits, but the output and economic benefits of major products showed a downward trend.
1. Sales and Exports
From January to December 2012, the industrial sales output value of major sub-industries of the furniture industry continued to grow at a relatively high rate, but the growth rate declined. Among them: the cumulative industrial sales output value of wooden furniture increased by 22.4% year-on-year, down 9.1 percentage points from the same period in 2011; the cumulative industrial sales output value of bamboo and rattan furniture increased by 34.4% year-on-year, up 6.3 percentage points from the same period in 2011; the cumulative industrial sales output value of metal furniture increased by 9.1% year-on-year, down 8.0 percentage points from the same period in 2011; the cumulative industrial sales output value of plastic furniture increased by 23.6% year-on-year, down 1.1 percentage points from the same period in 2011; the cumulative industrial sales output value of other furniture increased by 10.6% year-on-year, down 6.2 percentage points from the same period in 2011. [1]
From January to December 2012, the export delivery value of the furniture industry showed a downward trend compared with the same period in 2011, while a few industries showed an increase. The cumulative export delivery value of wooden furniture increased by 8.8% year-on-year, down 1.4 percentage points from the same period in 2011; the cumulative export delivery value of metal furniture increased by 0.8% year-on-year, down 5.9 percentage points from the same period in 2011; the cumulative export delivery value of plastic furniture increased by 17.0% year-on-year, down 4.5 percentage points from the same period in 2011; the cumulative export delivery value of bamboo and rattan furniture increased by 35.0% year-on-year, up 4.6 percentage points from the same period in 2011; the cumulative export delivery value of other furniture increased by 7.0% year-on-year, up 2.6 percentage points from the same period in 2011. [1]
In December 2012, the sales output value of wooden furniture, bamboo and rattan furniture, metal furniture, plastic furniture and other furniture in the furniture industry increased by 15.7%, 33.7%, 12.8%, 47.7% and 6.5% year-on-year respectively, and increased by -4.9, 12.1, -1.5, 4.3 and -10.5 percentage points respectively compared with November. The export delivery value of wooden furniture, bamboo and rattan furniture, metal furniture, plastic furniture and other furniture increased by -1.0%, 32.6%, 1.4%, 18.9% and -0.9% year-on-year respectively, and decreased by 2.7, 39.4, 0.1, 20.4 and 6.8 percentage points respectively compared with November. [1]
II. Output of major products
From January to December 2012, the output of major products in the furniture industry decreased by 2.4% year-on-year, which was 0.2 percentage points slower than the same period in 2011. Among them: wooden furniture decreased by 2.1% year-on-year, the same as the growth rate in the same period of 2011; metal furniture decreased by 3.6% year-on-year, 0.2 percentage points slower than the same period of 2011; soft furniture increased by 4.5% year-on-year, 0.1 percentage points higher than the same period of 2011. [1]
III. Economic Benefits
From January to December, the main business income of the furniture industry increased by 13.8% year-on-year, 14.9 percentage points higher than the same period of 2011; the total profit increased by 19.4% year-on-year, 25.7 percentage points lower than the same period of 2011.
