15 per cent of household joinery from imported flat-packs

Friday 17 Nov 2017

 
Foreign flat-pack imports make up approximately 15 per cent of the total household joinery fitted in Australia each year, according to a new study commissioned by FWPA to illuminate what was previously a statistical black hole. The study to develop reliable data around flat-pack imports was commissioned in response to industry fears that high volumes were flooding the domestic market, taking trade away from home-grown businesses.

Jim Houghton, Statistics and Economics Manager of FWPA, said that volumes were not larger than expected and the data could potentially alleviate concerns among domestic manufacturers, but that the key research objective was to fill a long-standing and problematic knowledge gap.

“The lack of reliable data relating to this corner of the market had the potential to result in poor business decisions and inefficient planning. We hope this research will equip the industry with the tools it needs to make better informed marketing and production decisions,” he said.

In the past, trade data relating to flat-pack imports had been flawed due to factors including: a lack of available detail around potentially relevant import codes; the majority of imports being measured by value and without volumes or prices; and the wide variety of different products within the category.

Tim Woods, Managing Director at IndustryEdge, which conducted the research on household joinery in 2016, said the methodology developed for this project would help in other studies on imported products, with figures on flat-pack imports to be updated over time.

“The methodology developed to shed light on this previously uncharted area of the market will continue to have a life beyond this project,” he said. To read the Residential Flat-Pack Joinery Import Market Study report in full, click here.

Source: FWPA

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