Building of new homes and offices boosts Peru's domestic wooden furniture market

PERU (ITTO).- According to the consulting firm Maximixe, between January and May 2011 wooden furniture production in Peru grew by almost 9%. Among the factors explaining

this dynamism include increased disposable incomes and the growing number of new homes and offices coming onto the market. Wooden furniture imports totaled US$ 23.2 million between January and May, representing an improvement of 55% over the same period in 2010. The imported furniture was reportedly destined for new corporate offices in the capital and for new private apartments. A major component of the imported furniture was items for the kitchen which more than doubled to US$ 1.6 million in the period.

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