Experts believe that the mahogany market is still optimistic

After the advent of the financial crisis, how to deal with the mahogany manufacturers? On the 12th, at the 19th China-Vietnam Commodities Fair and the China-ASEAN (Pingxiang) Redwood Cultural Festival held in Pingxiang City, many domestic and foreign mahogany artists gathered to discuss the future trend of mahogany market. Experts and entrepreneurs generally believe that the future of mahogany The international market is still optimistic.

The data provided by the Chinese Academy of Forestry shows that in the past 10 years, the mahogany furniture market has been developing rapidly, from the first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen that were developed to the second and third-tier cities in the Mainland. With the stimulation of consumer demand, there are more than 10,000 mahogany furniture companies in China, and the mahogany furniture industry has grown to large-scale, specialized, technological, and modern industrial clusters. Raw materials have become an important resource for the competition of furniture companies. From the end of 2010 to the beginning of 2011, the price of mahogany raw materials rose by about 30%-50%.

Zhu Yuquan, general manager of Guangxi Sandong Redwood Investment Co., Ltd., said that the high-grade, durable and artistic image of mahogany furniture has been integrated into the awareness of ordinary people. The new consumption concept will bring more vitality to the mahogany industry. At present, there are more than 3,000 redwood enterprises in Pingxiang, and there are more than 1,000 tons of redwood raw materials imported from Vietnam every day to Guangxi. A steady stream of mahogany raw materials provides a huge space for development in the vibrant Pingxiang Redwood market.

According to Jiang Xiaomei, a researcher at the Chinese Academy of Forestry, the total output value of the furniture industry in China ranks first in the world, and mahogany furniture has grown from a share of 5% of the furniture market in China to the current 15% share.

Jiang Xiaomei believes that mahogany enterprises will only develop bolder innovations in material selection, production technology, structural technology, decorative subjects, product functions, marketing concepts, brand building, etc. only on the basis of inheriting excellent traditional Chinese culture, and the mahogany market will develop faster. .

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