Why is the price of antique mahogany furniture soaring?

The antique furniture industry is now undergoing a revolution of “survival by quantity” and “development by quality”. The antique furniture made by Baimu (collectively referred to as Zamu) encounters the “strong reshuffle” of high-end mahogany furniture market demand.


"In 2007, a set of antique white wood furniture could be sold for about 70,000 yuan, and the net profit was 30%. Last year, a set of antique white wood furniture could only be sold for about 40,000 yuan, and the gross profit was only 5%, compared with the antique mahogany furniture year. The profit of doubling the output value is really incomparable." Guo Jinjin, the head of Yimucheng Furniture Factory, calculated a profit account for the reporter at the production site. “In the profits of antique furniture, labor costs account for 60% of the total cost. Five years ago, the monthly salary of a painter was more than 3,000 yuan, and now it is rising to about 10,000 yuan, and the price of white wood furniture is declining year by year. In the same situation, the price of mahogany antique furniture is skyrocketing, plus the domestic collectors who have the strength, who is not tempted by the fatness of this market?"


In recent years, with the continuous improvement of people's living standards, the collection and use of antique mahogany furniture is deeply rooted in people's investment philosophy. "In 2000, I bought two pairs of Qing Dynasty twigs at the price of 4,500 yuan / pair, and now it has risen to 45,000 yuan / pair. Some workmanship, unique style, high-quality sour tactile chair even up to several hundred thousand yuan a Yes.” Wei Zhijiang, an industry insider, said that because of the good inheritance of mahogany furniture, it has been recognized by the collectors and has room for price appreciation. Last year, a Shandong-based company ordered the ordering of mahogany furniture, and suddenly threw out a large order of one million yuan, which further verified his correctness in accelerating the transformation.


"In recent years, due to the investment theory, collection theory, and scarcity of raw materials in the mahogany furniture flooding the market, consumers do not seem to take the time to buy mahogany furniture, and in the future they will lose the possibility of enjoying such scarce goods. Therefore, the future production of mahogany furniture And the consumer market is still huge.” Talking about the future, Wei Zhijiang is confident in the prospects of antique mahogany furniture.


The production of high-end antique mahogany furniture is no longer an open secret in the industry. In the interview, Wei Yijin, an insider, said that taking high-end antique mahogany furniture is the future development trend in this field. The transition from antique white wood furniture to antique mahogany furniture is a major transformation of antique furniture. It will be a new proposition of the association to upgrade the output value of new antique furniture.


According to forecasts, the market share of mahogany furniture in the future market is currently over 30 years old with economic strength, but its degree of specialization and huge demand determine that antique mahogany furniture is difficult to develop and supply by a company. Therefore, the production enterprises will turn to focus on workmanship, from the aspects of commodity, artistry, collectability and practicality, and produce antique mahogany furniture with excellent aspects of “type”, “art”, “material” and “rhyme”. .

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