In the first four months of 2023 compared to last year, UK import value of wood furniture from Vietnam was down 48 percent to US$76 million, Malaysia was down 48 percent to US$28 million, India was down 62 percent to US$14 million, Indonesia was down 57 percent to US$13 million, Thailand was down 46 percent to US$4 million, and Singapore was down 85 percent to US$3 million.
UK Imports Of Tropical Wooden Furniture Fall Sharply
According to Global Wood Trade Network, the UK imported US$140 million of tropical wood furniture products in the first four months of 2023, which is 54 percent less than the same period last year. In quantity terms, wood furniture imports were 37,100 tonnes during the four- month period, 40 percent less than the same period last year.