Mahogany furniture continues to “fever” and is expected to increase by 20% this year

Due to the scarcity of raw materials, the price of mahogany furniture has increased by several decades or even hundreds of times in recent years. Experts expect that mahogany furniture will maintain an increase of about 25% this year, and the entire market will continue to have “fever”.

A few days ago, the Haimingxuan Hongmu Classical Furniture Art Museum held a one-year anniversary celebration and exhibited several collections of mahogany furniture and mahogany artworks. Senior mahogany furniture apprentice and owner of Haimingxuan Art Museum, Jiang Haiming, introduced that in recent years, enthusiasts of mahogany furniture have become younger and younger, and mahogany classical furniture with deep Chinese traditional cultural heritage and strong collection value is being received. The more people are sought after.

“The raw materials for mahogany furniture are red sandalwood, yellow pear, etc. These woods grow slowly and are difficult to produce. Most of them are imported from Southeast Asian countries. With the limitation of the harvesting and export of these precious timbers, the raw materials of mahogany furniture become more and more scarce.” Ming said. He predicted that the market price of mahogany furniture will continue to rise this year, with an increase of more than 25%.

It is understood that in all types of mahogany furniture, the highest market value is Hainan pear, diameter 20 cm, length 1 m to 1.5 m Hainan pear material, the market price of 3,000 to 3,500 yuan per catty. Experts said that when Hainan pear was only 45 yuan per kilogram in 2001, it rose about seventy to eighty times in ten years.