International trend of the furniture industry slows down in the overall market

The growth rate of Russia's upholstered furniture market has fallen. More than a third of Russia's soft-bag furniture production is concentrated in the Central Federal District, especially in Moscow, Moscow, Yaroslavl and Ryazan. The output of soft furniture is second in the Federal District along the Volga River, and the third is the Northwest Federal District.

The international trend of the furniture industry slows down in the overall market growth. In spite of the increase in production, Russian soft furniture exports are still decreasing. Russia's soft package furniture market has a large proportion of imported products. In 2010, both the volume of imports and the value of goods increased. Russia's largest exporter of soft pack furniture is China and Italy.

According to the assessment of experts, the soft package furniture market is one of the furniture market segments that suffered the least from the economic crisis of 2008-2009. Different from other parts of the furniture market, the soft furniture market in 2010 has actually returned to pre-crisis levels. This is due to the explosion of consumer demand for soft furniture, especially economic furniture. Analysts said that the soft package furniture market will continue to maintain the pre-crisis development trend, the market growth rate began to slow down and reached 7% in 2014.

Burma halts timber processing According to the Myanmar Timber Industry Association, Myanmar has ceased cooperation in the processing of incoming materials handled by Burmese timber companies and private companies from the end of fiscal year 2010/11. The vice-president of the association said that the main reason for the suspension of this method was that after some private companies obtained timber from the country through credit sales, they could not settle the goods within the prescribed time. Second, the Myanmar timber company would sell to private companies through other channels. wood. The processing of imported materials has been implemented since January 2004. Initially, only 6 companies were tried out, and after that, there were 100 companies. Before the stoppage, there were 50 companies in Yangon, 10 companies in Mandalay and 10 in Bogu. Home companies are still operating this way.

The processing of raw materials means that the Burmese Timber Company sells logs to private companies, and private companies produce finished products (sawn timber) and export them in the name of Burmese timber companies. The Myanmar Timber Company stipulated that the purchase price should be settled within 3 months, but some companies could not settle the payment within 3 or 4 years. The timber company stipulates that, within 3 months, it will not pay off the purchase price, and each fiscal year will need to pay a fine of 10,000 U.S. dollars to the Myanmar Timber Company. One of the main reasons that private companies could not settle their payments was the economic sanctions imposed on Myanmar in 2007, which made it impossible to export timber products. Second, after the economic crisis in 2008, no high-end wooden furniture such as teakwood was purchased. The factory that originally used the processing method of incoming materials can export 7 to 100 containers a year, with 12 to 15 tons of each container. After this method is stopped, it will have a great impact on the staff of companies and companies that adopt this method of operation.

2011 US furniture industry will continue to grow slowly According to the latest Italian news, according to the latest forecast of the International Research Organization Milan Furniture Research Institute (CSIL), the US furniture industry will continue to grow slowly in 2011. Excluding the impact of price inflation, total furniture consumption in the United States increased by 1% in 2010. According to the forecast of the CSIL, the following year will be the same as this year, with growth maintained at around 1%. According to the forecast, in the 70 countries covered by the outlook report of the 2011 world furniture market, real furniture demand in 2011 increased by only 3.3%.

CSIL claims that the global GDP in 2010 has increased by 4.8%, and it is expected that the growth rate in 2011 will still be 4.8%. The GDP growth of developed countries in 2010 was only 2.7%, and it was forecast to be 2.2% in 2011. The real driving force for development is developing countries, whose GDP growth rate was 7.1% in 2010 and 6.4% in 2011.