Date: Tuesday, June 29th, 2021
Source: Furniture Today
KUALA LUMPUR, Malaysia – The Malaysian government has extended a COVID-19-related lockdown indefinitely, or until the weekly average number of cases in Malaysia falls below 4,000, news sources have reported.
This is the second time the shutdown has been extended since it first went into effect in late May. The Bangkok Post reported that the country has averaged 5,000 cases over the past week.
The lockdown was supposed to have ended by June 28, but the government decided to extend the lockdown after the number of cases continued to grow. During the lockdown, only services deemed essential can continue.
Sources have said the shutdown has impacted furniture manufacturing, although there is said to have been limited shipping of goods already in cartons and packaged. The ability to ship these goods also depends on container availability, a situation that continues to affect the flow and cost of shipping goods from Asia and other parts of the world.
Malaysia is among the most important furniture exporting countries to the U.S., specializing in mostly promotional to lower middle-priced wood bedroom and dining room furniture, upholstery and bedding.
In 2020, it shipped nearly $1.4 billion in furniture to the U.S. market, up 47% from the $942.6 million it shipped to the U.S. in 2019, making it the third-largest exporter, behind China and Vietnam, respectively.