Timber supply tightens cabinet products or price increases

In the domestic and international timber supply market on both sides of the "caught", the soaring prices of timber, but also directly led to the domestic solid wood cabinets and other wood products, home building materials prices generally rose, while the increase is as high as 15% -20%.

Tightened timber supply situation

According to a senior manufacturer of solid wood cabinets, Southeast Asia, Africa, North America, and Russia have always been the main sources of timber imports from China, but under the combined effects of declining forest resources, restrictions on national policies, exchange rates, and transportation costs, etc. Cause long-term shortage of imported timber. After the implementation of the natural forest protection project by the State and the logging and cutting of forest areas, the supply of timber suitable for furniture production has been reduced. It is understood that major provinces such as Jilin, Yunnan, Guangxi, and other wood producing regions have all significantly reduced their production. The tight supply situation will become more apparent.

Product price increases for various reasons

In the major home building materials stores, we saw that despite the fact that major cabinets, floors and other brands have launched discount promotions during the weekend and during the event, many consumers could not help but blink after visiting the store. Mr. Chiang, who is doing home improvement, said that he had renovated a house six years ago. At that time, the prices of cabinets and furniture were relatively cheaper than they are now. “Actually, the increase in prices of furniture and building materials is not just a matter of raw materials, but it also includes annual adjustments in various aspects such as labor, which is also the reason for the increase in product prices.”

Cabinet companies actively respond

Responding to market changes brought about by price increases, many large-sized cabinet brands have launched countermeasures, some of which have taken measures to further control upstream resources and open up new raw material bases, while others have developed new materials and new tree species, and strengthened the reserve of supply sources. Advantageous position; some will strengthen the follow-up after-sales service of the brand, and use the point of closer to the consumer and the society to give back, and reduce the adverse effects of price increase.

Of course, merely letting cabinet companies suppress costs while ignoring quality, or consumers shouting “refusal to increase prices” is not conducive to the development of the industry. After completing the initial capital accumulation, most cabinet companies must face the challenge of “upgrading”. Integrating resources, on the basis of the current emphasis on quality and design, we must tirelessly build brands, increase competitiveness, obtain consumer acceptance, and pay for them. This is the ultimate goal.