Mahogany furniture overcapacity prices rise or fall

Posted by Liu Yi over 6 months ago

In mid-August, following Myanmar, Laos, Cambodia, Vietnam began to crack down on mahogany smuggling. At this point, nearly half of Southeast Asian countries mahogany import and export trade has been "closed." With the closure of the Vietnamese customs clearance measures, nearly half of the Southeast Asian countries,[url=http://wheelchairsworld.com/best-beach-chair/765.html]square folding table wholesale price[/url] mahogany material import channel was "blocked." At present, the domestic market situation is becoming more and more severe mahogany. According to the statistics of the China Redwood Circulation Committee statistics, the first quarter of this year, China's total imports of red wood 19 million cubic meters, down 21%, imports fell 26% year on year. With the multi-country export ban has been released,[url=http://wheelchairsworld.com/stainless-steel-chair/1033.html]folding table legs adjustable height[/url] is expected this year's imports will continue to decline. Analysis of the industry, by the scarcity of materials, the market downturn, changes in consumer awareness and many other factors, 2016, mahogany furniture industry will face a big reshuffle. Once the booming mahogany market has become the darling of people's consumption and collection, just a few years, mahogany enterprises, stores and parks doubled, raw material prices are straight up. However, since the good times, since 2014, the mahogany furniture market has cooled down quickly,[url=http://wheelchairsworld.com/best-beach-chair/1215.html]modern kids tables and chairs[/url] all the way down, the product market price and sales are in decline stage, exposing the market speculation over the years led to the real price of high prices, some small businesses have stopped produce. "2015 China Redwood Industry Development Report" shows that in 2015 China has mahogany products production and sales enterprises nearly 17,000, down nearly 35%, with an annual output value of 100 billion yuan, down 37.5%. In 2015, China's imports of mahogany 904,300 cubic meters,[url=http://wheelchairsworld.com/]Beach Chair Supplier[/url] down 56.01%, imports amounted to 1.071 billion US dollars, or about 6.96 billion yuan, down 59.43%.