USA Wooden Furniture Imports Increase 6.6% in 2024

USA – U.S. imports of wooden furniture increased by 6.6% in 2024, reaching a total value of USD 13.5 billion, compared to USD 12.67 billion in 2023. Vietnam remains the largest supplying country, with exports to the U.S. totaling USD 5.54 billion in 2024, marking an...

Fitecma 2025 with Record Number of Exhibitors

Fitecma 2025 with Record Number of Exhibitors

ARGENTINA – Fitecma 2025, the main Argentinian trade show for the wood and furniture industry, has reached a record by selling out its entire exhibition space five months ahead of the event, a milestone that hasn't occurred in the past 10 editions.  "In January,...

VDMA Forecasts 15% Decline for Woodworking Machinery in 2024

GERMANY – After a record woodworking machinery production of EUR 4.2 billion in 2023, the VDMA (Machinery and Equipment Manufacturers Association) has revised its 2024 forecast, predicting a 15% decrease, bringing production to EUR 3.6 billion. This marks a downward...

Ingka and Green14 Colaborate in Sustainable Silicon Production 

SWEDEN – Ingka Investments, the investment arm of Ingka Group—the world’s largest Ikea retailer—has committed EUR 2 million to Swedish innovation company Green14, aiming to support more sustainable silicon production and secure critical raw materials for a renewable...

Häfele Achieves EUR 1.74 Billion in Sales for 2024

GERMANY – The Häfele Group, one of the main global furniture hardware suppliers,  recorded sales of EUR 1.74 billion for the 2024 fiscal year, marking a 1.5% increase, or 2.7% when adjusted for currency effects. Foreign sales accounted for 82% of total revenue....

Peru’s Wooden Furniture Imports Soar 47.6% in 2024

Peru’s Wooden Furniture Imports Soar 47.6% in 2024

PERU – Peru’s wooden furniture imports saw significant growth in 2024, reaching a total value of USD 57.62 million, a 47.6% increase compared to 2023 (USD 39.04 million). Key sources of these imports include Brazil, China and Spain. Brazil remains the leading supplier...

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