In the first half of 2009, the furniture industry was driven by a series of national policies to stimulate economic development. The overall performance of the furniture industry was stable and upward. The indicators of production, sales and profit performed well. However, due to the cold demand in the market, the downward trend of furniture exports remained. And imports are warmer than exports. 1. Analysis of production and sales situation (1) The output has decreased and the output value has increased by 7.7%. According to the statistics of the National Bureau of Statistics, from January to June 2009, the cumulative industrial output value of enterprises above designated size in the furniture industry increased by 7.71% year-on-year; the cumulative output decreased by 2.36%. Among them, the cumulative output of the three main products of wooden furniture, metal furniture and soft furniture declined year-on-year. In the first half of the year, the total industrial output value of the furniture industry has gone out of the same trajectory as in previous years. In February, the total industrial output value was the lowest point in the first half of the year, and it began to increase month by month in March, and the monthly value maintained a good growth trend over the same period of 2007 and 2008. In the first half of the year, the monthly output of the furniture industry basically showed a volatility upward trend. The output in March was a stage high, and although it fell back in April and May, it was still higher than the production level in February, and rebounded again in June. (2) The industrial sales value increased steadily, and the production and sales were well connected from January to June. The cumulative industrial sales value of the furniture industry increased by 7.92% year-on-year; the cumulative export delivery value decreased by 11.76%, and the export delivery value accounted for 31.63% of the sales value. The production and sales were well connected, with a year-on-year increase of 0.19%. In the first half of the year, the monthly trend of the industrial sales value of the furniture industry was consistent with the total industrial output value. The industrial sales output value also formed a bottom in February, and it recovered in March. It maintained a steady growth in April and May, and reached the highest level in the first half of the year in June. From the perspective of monthly production and sales ratio, the trend in the first half of the year is similar to that in 2008. In March, the production-sales ratio was 1.23 percentage points lower than that in February, and rebounded to 99.44% in April. In May and June, it fell continuously from April, and the value in June was lower than that in the same period of 2007, down to 95.84%. 2. Analysis of import and export situation (1) Export situation remains sluggish According to customs statistics, from January to June, the cumulative export of furniture industry decreased by 9.38% year-on-year, which was lower than that of -12.71%. The monthly export value has fallen sharply in February, and rebounded in March, but it began to decline month by month in April. (2) Imports stabilized and rebounded from January to June, and the cumulative imports of the furniture industry decreased by 10.31% year-on-year. The monthly import value changes are the same as the overall situation of the light industry. Except for the decline in May, the other months have basically increased month by month, and it shows that furniture imports have stabilized and rebounded before exports. 3. Analysis of benefit indicators From January to May 2009, the accumulated profits and taxes of enterprises above designated size in the furniture industry increased by 22.33% year-on-year. Among them, the accumulated profit increased by 23.39% year-on-year; the loss side reached 25.27%, higher than the loss level of the light industry industry by 20.80%. From January to May, the loss of loss-making enterprises increased by 5.45% year-on-year, and the accumulated inventory of finished products increased by 8.49%. Compared with January-April, the growth rate of the above-mentioned various benefit indicators decreased by 7.3 percentage points compared with January-February; the total profit and tax increased by 1.02 percentage points, the total profit and finished goods inventory decreased slightly. 1.31 percentage points and 1.98 percentage points.
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