The mahogany furniture market declines in customer traffic, high-end furniture prices are still strong

The furniture industry has been facing the problem of insufficient market popularity in the past six months . Even the mahogany furniture, which has been continually rising in price , has also been rumored to have "decreased in price" recently, but it is understood that the price of mahogany furniture has not fluctuated significantly.

Mahogany furniture market decline in passenger flow

The customer traffic in the mahogany furniture market began to decline since November last year . An insider in the mahogany furniture industry said that under the influence of the property market regulation, many mahogany furniture companies have experienced a 30% to 50% drop in retail customer traffic.

Compared with the same period last year, the mahogany furniture market has seen a drop in passenger traffic by almost half this year.Although the current property market transactions are gradually picking up, buyers are mainly dominated by rigidity and improving demand. The mahogany furniture market has not heated up with the recovery of the property market.

In the mahogany furniture showroom of a furniture store , although it is a weekend, few consumers come to buy furniture . Sales staff said that this situation has lasted for more than half a year, and sales are far less than the same period last year. It ’s ideal. "

High-end mahogany furniture prices are firm

The mahogany furniture began to be rumored to "price drop" in the case of a sharp drop in the market. Some merchants said that they have indeed lowered the selling price, which is about 20% to 30% lower than the same period last year. A person in charge of a furniture store analyzed that, in the absence of popularity in the furniture market, in order to gain market share, some furniture merchants will choose to sell furniture at a reduced price to alleviate financial pressure, but some high-end boutique furniture prices are still strong.

The raw materials of high-end mahogany furniture are mainly red sandalwood, huanghuali and red rosewood old materials . The price of mahogany furniture with such materials and well-made work has not declined significantly. A furniture dealer said that the price of raw materials for mahogany furniture has been adjusted back to a certain extent this year, but the difference in callback rates for different materials is obvious. Yuan, and this year it is adjusted back to 120,000 yuan per ton. The ordinary red rosewood is only 77,000 yuan per ton. The price has dropped by about half, and the labor cost has increased by 15%. The price of mahogany furniture has not dropped.

In the face of today's mahogany furniture market, where the price difference is quite large, it is recommended that consumers compare the three when buying furniture . Buy at low prices.