ITALY - CSIL has recently published its 2022 edition of "World Furniture Outlook". The World furniture Outlook is the CSIL flagship publication, issued twice a year, in July and December, providing status and prospects of the world furniture sector.

This edition, World Furniture Outlook 2022, provides an overview of the global furniture sector through historical series of basic data (furniture production, consumption, imports, exports 2012-2020 and 2021 preliminary estimates) and prospects of the furniture market for the years 2022 and 2023 for 100 countries.

According to CSIL, the World furniture market has resumed in 2021, with furniture consumption level well above the pre-pandemic values, and it is expected to further increase in 2022 and 2023.

Over one third of the world furniture consumption is presently imported. The leading importers on a global level are the United States, Germany, France and the United Kingdom and the preliminary data for 2021 show major increases (in current US$) in furniture imports for all these countries.

More than 75% of furniture imports to the US originated from Asia (mainly from China, Vietnam and Malaysia). Within the total US furniture imports from Asia, the share of China has decreased because of trade tensions, in favour of imports from Vietnam, in particular.