Global wooden furniture trade projected to decline in 2025

February 05, 2026
Source:
ITTO/Fordaq
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Global wooden furniture trade projected to decline in 2025  
   

Preliminary trade data suggest that the global wooden furniture trade declined by around 3% in 2025, with total trade value estimated at US$73.4 billion. This marked a clear reversal from 2024, when trade had expanded by roughly 2%.

The change in direction was driven less by Europe and more by developments elsewhere. In 2024, the overall level of global trade was held back by weaker demand in the European Union despite strong growth in other regions. In 2025, the situation shifted: EU trade held up relatively well, while a sharp downturn in trade flows occurred outside Europe, driven mainly by political and trade policy developments in the United States.

The most pronounced contraction was recorded in the US market. US imports of wooden furniture are projected to have fallen by nearly 8% to US$20.7 billion in 2025. This decline had a direct impact on several key exporting countries, particularly those affected by tariff measures introduced during the year.

Exports from China, the world’s largest wooden furniture exporter, are estimated to have dropped by 10% to US$20.4 billion. Canada and Mexico were also heavily affected, with exports falling by 11% to US$1.5 billion and 12% to US$1.4 billion, respectively.

Among leading tropical exporters, performance was mixed. Vietnam proved comparatively resilient, with wooden furniture exports projected to have increased by 1% to US$8.2 billion. In contrast, exports from Malaysia declined by 5% to US$2.1 billion, while Indonesia saw a 6% drop to US$1.4 billion. India’s exports were down 8% to US$810 million, and Brazil’s exports edged 0.5% lower to US$650 million.

Within Europe, trade showed relative stability. Total EU wooden furniture exports remained broadly flat at US$29.3 billion, supported by a 2.3% increase in extra-EU exports, which offset a modest decline in intra-EU trade. Among the world’s largest importers, results were mixed, with moderate growth in markets such as the UK, the Netherlands and Spain contrasting with declines in the US and parts of Asia.

Overall, the data indicate that 2025 was shaped more by geopolitical and trade policy factors than by underlying consumer demand alone, leading to uneven performance across regions and exporters.


Global wooden furniture trade, 2020–2025

(US$ billion)

Category 2020 2021 2022 2023 2024 2025* % change 2024–25
World exports 67.3 82.0 77.6 74.1 75.8 73.4 -3.2%
EU exports – total 25.5 31.1 30.5 29.8 29.2 29.3 0.3%
Intra-EU exports 16.1 19.4 18.8 18.7 18.5 18.3 -0.9%
Extra-EU exports 9.5 11.7 11.7 11.1 10.8 11.0 2.3%

Top global importers (2025)

Country US$ bn % change
United States 20.7 -7.8%
Germany 6.7 -1.8%
United Kingdom 4.3 3.9%
France 4.1 -6.4%
Canada 2.5 1.2%
Netherlands 2.4 2.5%
Japan 2.0 -3.3%
Switzerland 1.8 3.5%
Australia 1.8 -5.2%
Spain 1.5 4.1%

Top global exporters (2025)

Country US$ bn % change
China 20.4 -10.0%
Vietnam 8.2 1.0%
Poland 7.4 -1.6%
Italy 5.1 -3.8%
Germany 2.4 4.3%
Malaysia 2.1 -5.1%
Turkey 2.2 4.6%
Lithuania 1.9 6.1%
Canada 1.5 -10.6%
Mexico 1.4 -12.3%

2025 data projected using latest monthly data.

Source: ITTO estimates based on export data from around 100 countries, drawing on UN Comtrade, Eurostat and national statistical agencies. Wooden furniture includes HS codes 940161, 940169, 940330, 940340, 940350 and 940360.


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