The demand for the mahogany furniture market is still strong, with more than 100 million yuan

As a component of social material culture, Chinese traditional furniture embodies a strong national ideology and so on. With the increasing living standards of domestic people, the demand for traditional furniture is increasing, and the market scale is also expanding. According to statistics from relevant departments, from January to June 2010, the total export volume of wooden furniture nationwide reached US $ 47.06325 million, an increase of 49.32% over the same period of the previous year.

Art Furniture "Jiangshan Duojiao" Part

At present, the mahogany furniture market mostly uses Huanghuali, red sandalwood, red rosewood, etc. as the main materials, and the high price of mahogany clearly defines its status as a high-end consumer group. According to relevant reports, some of the antique furniture boutiques auctioned at the auctions had similar prices as antique furniture. In August 2010, China Midland Furniture's "Jiangshan Duojiao" sold over 100 million yuan in price, breaking the highest turnover of furniture maintained by antique furniture and setting a new world record for contemporary mahogany furniture prices.

It can be seen from this that the market demand for mahogany furniture is still very strong, and some high-end antique furniture shows profound potential in the value of collection investment. In stark contrast to the heat demand of the market, the price of mahogany raw materials required by the furniture industry in 2010 has increased by a different margin than in 2009. The red rosewood material in Laos was the fastest growing in 2010. The price of round wood with a diameter of about 10 centimeters per ton is currently between RMB 40,000 and RMB 50,000, and the price per ton with a diameter of 30 cm to 40 cm is between RMB 150,000 and 170,000 Yuan, an increase of more than 120%. Even for the current low-priced Burmese pear, the price per ton is about 13,000 yuan. The increase in raw material prices indicates that the price of mahogany furniture in 2011 will also maintain a steady upward trend.

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