US hardwood flooring imports fell more than 10% in January
US imports of hardwood flooring by the US fell 11% in January on sharp declines from the top suppliers. Imports from Indonesia fell 46% in January while imports from Brazil dropped by 23%. Compared to January 2023 figures, imports from both countries were down by about 60%.
Imports from Malaysia, which hit a 2-year low in December, grew 80% in January but were still 43% less than that of the previous January. Total imports in January were down 23% from January 2023 figures.
US Imports of assembled flooring panels also fell in January, declining 14% from the previous month. Imports from Thailand fell 30% in January while imports from Vietnam and Brazil each saw a 28% drop.
Despite the decline, imports from all three countries were well above their January 2023 levels. Imports from Canada started 2024 strong with January figures up 7% from the previous month and 41% above their level from a year ago. Total imports of assembled flooring panels for January were 29% higher than in January 2023.
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