Nearly 80% of the wood used in the home furnishing industry is imported. Currently, due to the epidemic, major foreign ports are closed; coupled with the impact of rising domestic costs, supply gaps, environmental storms, etc, since September, wood prices have continued to range widely overall rise.
According to industry analysis, as far as the current global economic situation is concerned, if the inventory is exhausted, it will become more and more difficult to import wood from Thailand, Indonesia, Russia, the United States and other places, and the cost will become higher and higher. With the superimposition of costs, logistics and other costs, it is estimated that wood products will increase by more than 30%, and may even double.
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