The price of mahogany furniture will also be bullish

Last year's rosewood market was ups and downs, raw material prices and labor costs rose, and rosewood furniture prices also rose. However, after several years of ups and downs, many consumers began to break through the misunderstanding of chasing ups and downs, and were more cautious about the purchase of expensive mahogany furniture. At this time, the value of mahogany boutique furniture appeared.

This year the price will also be bullish

Although the prices of raw materials continue to rise, the price of rosewood furniture rose moderately last year, about 5% -10%, while the price of raw materials rose by an astonishing 50%, especially high-end wood such as rosewood and Huanghuali The price has doubled.

The rapid growth of raw material prices has caused many rosewood companies to face upward pressure, but out of concerns about market acceptance, many manufacturers have reduced their increases. However, industry insiders said that if raw material prices continue to soar, companies will also release part of the cost pressure and increase furniture prices.

In fact, there is a deep reason why rosewood companies have not kept the price increase consistent with the increase in raw material prices.

A senior person in the industry believes that due to the popularity of the redwood market in the past few years, many workshop-style enterprises have swarmed and hit the redwood market at a low price. If the price is too high, some markets will be lost, so some redwood companies also Not daring to raise prices sharply.

For this year's price trend, most heads of redwood companies are still bullish. They said that not only rose mahogany raw material prices and labor costs have risen, but the market's investment demand has also been vigorous. Therefore, the price of rosewood furniture still has room to rise next year.

High-quality furniture

Unlike the consumption habits of "watching to buy mahogany" in the past few years, many consumers are more patient with mahogany furniture and pay more attention to the shape and craftsmanship of furniture. Such consumption changes can gradually lead the mahogany market to rationality.

The cautious purchase demand of consumers has brought popularity to the fine mahogany furniture. A person in charge of a mahogany furniture company said that many people who bought mahogany furniture used to care about the price, but now many people are starting to pay attention to craftsmanship. "Very generous", more and more "fans" of fine mahogany furniture.

As a distribution platform, the mahogany store also values ​​the rational consumption of the market. Therefore, the store should guide consumers to rationally consume mahogany furniture, regularly analyze market conditions, conduct mahogany lectures, and let consumers understand before buying.
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