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Shifting market: from west to east?

Author

Listed:
  • Roda Jean-Marc

    (Forest Research Institute Malaysia)

  • Ismariah Ahmad

    (Forest Research Institute Malaysia)

  • Rohana Abd Rahman

    (Forest Research Institute Malaysia)

  • Lim Hin Fui

    (Forest Research Institute Malaysia)

  • Mohd Parid Mamat

    (Forest Research Institute Malaysia)

Abstract

Local news encouraged furniture exports to China in a big way. The Chinese furniture market potential is not trivial. China®s domestic furniture consumption has grown double-digit on a yearly basis and in 2010, the consumption was equivalent to the US domestic market. Malaysia®s furniture export to China increased from RM40.9mil in 2009 to RM50.2mil in 2010, a growth of 23% within a year. In turn, with 7 billions one fifth of the world®s population, China®s annual GDP growth rate has reached a double- digit in recent years while many developed countries are struggling with various economic problems. The shift from western to eastern market seems unavoidable.

Suggested Citation

  • Roda Jean-Marc & Ismariah Ahmad & Rohana Abd Rahman & Lim Hin Fui & Mohd Parid Mamat, 2011. "Shifting market: from west to east?," EAS Strategic Options, CIRAD, Forest department, UPR40, vol. 2011(10), pages 14-15, September.
  • Handle: RePEc:epf:easopt:201109
    as

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