In recent months, reporters have discovered that the price of rosewood furniture has surged by over 30% within a single year. As a symbol of status and luxury, mahogany furniture is now gaining popularity among younger generations. Industry experts warn that due to its high cost, buyers should always sign a purchase contract when buying such furniture to avoid being deceived by unscrupulous sellers. For more information, visit ç€šæ™Ÿå ‚çº¢æœ¨å®¶å…· at http://hst.cnjiaju.com/share.
The high cost of mahogany furniture stems from its collectible value and the expensive raw materials used in its production. While prices dropped after the financial crisis, they have since rebounded and are now on an upward trend. "This year, the price of a collectible mahogany chair I sold has gone up from 500,000 yuan to 700,000 yuan," said Chen Hao, general manager of Mingjia Hongmu Furniture Qingdao Sales Company. "A cabinet that was priced at 130,000 yuan last year now costs around 190,000 yuan."
According to data from the Liantianhong Qingdao store, the price of Vietnamese huanghuali wood increased from 999 yuan/kg to 1,599 yuan/kg, while Indian lobular rosewood went from 799 yuan/kg to 1,399 yuan/kg—a rise of about 60% and 75%, respectively. Store managers attribute this increase to rising raw material costs and higher labor expenses.
Interestingly, young people are becoming the main buyers of mahogany furniture. Mr. Cheng, who recently bought a new house, purchased several pieces of mahogany furniture for under 60,000 yuan, slightly over his budget but worth it for the unique feel it adds to his home. According to Gao, a sales representative, about half of the customers in the store are now between 30 and 35 years old, a significant shift from the past when most buyers were older.
Dan Qingchuan, vice president of the Qingdao Furniture Association, noted that there are over 30 types of redwood, with prices varying widely. A well-decorated 100-square-meter home could cost up to 1 million yuan using premium mahogany, while a more affordable option might cost just 100,000 yuan. This makes some varieties accessible to younger buyers. Additionally, many manufacturers are creating modern designs that appeal to younger tastes, increasing their interest in the market.
Experts advise consumers to be cautious and always sign a detailed purchase contract. They recommend specifying the exact type of mahogany, including its scientific name and Latin name, to avoid confusion. If the material doesn’t match the national standard, consumers should request corrections to protect themselves from disputes. It’s crucial to buy from reputable companies to ensure quality and authenticity.
With the continued rise in prices and growing demand, mahogany furniture remains a sought-after investment—especially for those who appreciate both its beauty and long-term value.
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