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Bright perspectives for the Chinese kitchen furniture market

During 2008, China and Hong Kong imported kitchen furniture for USD 48 million and USD 22 million respectively. During the period 2003-2008, the average yearly growth rate was +23% for China and –4% for Hong Kong. Imports of kitchen furniture were practically non-existent in 1993 and they accounted for just a few million USD in 1997. A steady growth has been reported till 2007 (from USD 17 million to USD 46 million in five years) while just a 6% increase was registered in 2008. Imports almost exclusively come from Germany (75%) and Italy (9%). Some Japanese and Korean companies have outsourced in China small amounts of production.

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Article provided by CSIL Centre for Industrial Studies in its journal CSIL articles.

Volume (Year): (2009)
Issue (Month): (June)
Pages: 1-1

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Handle: RePEc:mst:csilar:wf43p23
Note: Abstract from World Furniture, International Markets Review
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