According to the World Furniture Confederation, the global furniture manufacturing industry generates annual revenue of nearly $400 billion. This industry encompasses furniture sales for homes and offices,and is particularly sensitive to changes in economic climate.
Furniture export sales in the US rose to $2.23 billion in 2012, up from $2.16 billion the previous year. Shipments to China, the third-largest market for American furniture exports, rose ten percent to $74.4 million. The United Kingdom, Japan and Saudi Arabia were the next three largest markets after China, followed by the United Arab Emirates, Australia, Venezuela and Hong Kong. Hong Kong enjoyed the largest boost in sales among the top ten markets, with a 75 percent increase in shipments.
With the economy beginning to recover from the global recession, disposable incomes and standards of living are rising. As consumer confidence picks up, demand for furniture and furnishings is driving and shaping the market all over the world. If you're a furniture exporter, you'll want to know more about how to export furniture from the US with iContainers.
Before making your shipping arrangements, you'll want to note the differences between a full container load (FCL) and a less-than-container load, or groupage (LCL).
You may choose from either a 20-foot container, which carries 10 standard pallets (39 cubic yards), or a 40-foot container, which holds 22 standard pallets (about 75.5 cubic yards). Exclusive use of a container-a full container load (FCL)-is best if you want to isolate your goods from those of other exporters, or if your shipment is larger than five standard pallets, which is half the capacity of a 20-foot container. Groupage-a shared container, or LCL-is the most economical option, and is suitable for most other situations.
Before firming up the shipment of your goods, you should have an idea of maritime transit times from the US. These vary from between 15 to 25 days to the Mediterranean; between 15 to 18 days across the Atlantic; between 30 to 35 days across the Pacific; and between 8 to 25 days to Asia.
You'll also need to take into consideration any unexpected delays, and other situations like customs clearance. Because of this, iContainers suggests you leave a window of three months for your shipment.
iContainers offers you door-to-door service for your furniture export needs from the US to Spain and furniture export needs from the US to Spain to Taiwan. This exclusive service includes:
Ports of China: