Furniture export orders tripled, ushering in an unprecedented market

- Dec 23, 2020-

LOGOFB

Since the third quarter, China's foreign trade exports have recovered rapidly, and the popularity of export orders in the furniture industry has exceeded market expectations. According to industry insiders, the furniture industry chain is ushering in an unprecedented market, with orders soaring and raw materials in short supply. Feng Xiaohe, the manager of furniture enterprise, has deep feeling to the hot market. Feng Xiaohe is very busy every day. On the one hand, he opens up a new production line; on the other hand, he urgently recruits people. Feng Xiaohe said that the company's production capacity has been unable to keep up with the growth rate of orders. Rongyi new media's export orders are scheduled to March next year. According to data from Alibaba international station, since the third quarter, the turnover of furniture industry has increased by 191% year-on-year, and the number of payment orders has increased by 112%. The hot export products are mainly sofas, beds, office tables and chairs, dining tables and chairs, children's beds, etc. Among them, during the purchase festival in September, the trade volume of furniture industry increased by 224% year-on-year, and the number of payment orders increased by 212%.


According to CITIC, furniture retail continues to recover, and the verification of the third quarter report is basically oriented to the upward trend. The fourth quarter is the peak season for traditional household consumption. It is recommended to pay attention to Opel home, Zhibang home, gold kitchen cabinet, Sofia, Qumei home, etc. The software pattern has been further optimized. Since June, home furnishing exports have been increasing rapidly. It is recommended that gujia home furnishing, Minhua holdings and dream Lily are recommended. The epidemic situation catalyzes the demand of home office, and Yongyi and Henglin are recommended. The performance of home B end is still high and certain. We recommend Jianlang hardware, Jiangshan oupai, Daya holy elephant, seagull housekeeper, Dior home, Mona Lisa, etc.