On July 1, the export tax rebate rate reduction policy was introduced, and the furniture export tax rebate was reduced from 13% to 11% or 9%. On August 23, the processing trade policy was adjusted again, and 17 kinds of furniture were included in export-restricted commodities. With frequent policies, small and medium-sized furniture exporters are facing unprecedented pressure. Yinlianxin believes that the raw materials of the furniture industry in the north and south are different and affected by the policy. The furniture industry needs to be repositioned.
The Catalogue of Prohibited Commodities in Processing Trade lists the plates and furniture produced from domestic wood as raw materials forbidden. In the catalogue, furniture made from domestically produced wood is not allowed to be exported, but furniture made from imported wood is not included. Many enterprises in northern China mainly use local wood to produce furniture. The products are well-known and the export share is increasing year by year. Such enterprises will be affected more. In some enterprises in the south, timber is mainly imported and affected less. In the context of policy regulation, the North and South furniture industry needs to be repositioned.
The northern furniture industry is facing export-to-domestic sales inhibition of wood products export policies will have a greater impact on the entire furniture industry, especially on export-oriented processing trade furniture enterprises. The Catalogue of Prohibited Commodities in Processing Trade lists the plates and furniture produced from domestic wood as raw materials forbidden. This has a great impact on the northern furniture industry, which uses domestic wood as its main raw material. At present, nearly 40% of furniture companies are processing trade enterprises. Such enterprises will encounter the industry's "cold winter" if they do not adjust the structure of their export products in time.
As national policies hinder industry exports, this will result in overcapacity in the domestic market, and price competition will further intensify. The furniture industry, which has already had a meager profit, is facing more intense competition.
On July 1, the export tax rebate rate reduction policy was introduced, and the furniture export tax rebate was reduced from 13% to 11% or 9%. On August 23, the processing trade policy was adjusted again, and 17 kinds of furniture were included in export-restricted commodities. With frequent policies, small and medium-sized furniture exporters are facing unprecedented pressure. Yinlianxin believes that the raw materials of the furniture industry in the north and south are different and affected by the policy. The furniture industry needs to be repositioned.
The Catalogue of Prohibited Commodities in Processing Trade lists the plates and furniture produced from domestic wood as raw materials forbidden. In the catalogue, furniture made from domestically produced wood is not allowed to be exported, but furniture made from imported wood is not included. Many enterprises in northern China mainly use local wood to produce furniture. The products are well-known and the export share is increasing year by year. Such enterprises will be affected more. In some enterprises in the south, timber is mainly imported and affected less. In the context of policy regulation, the North and South furniture industry needs to be repositioned.
The profits of the southern furniture industry will continue to fall. Because the raw materials of the southern furniture industry mainly rely on imports, the impact of the industry policy on the industry is small. However, the continued rapid increase in production costs has put pressure on the industry as a whole.
In the international market, furniture wood as a whole is in short supply. In 2006, Russia adjusted the tariffs on timber, increased taxes and fees, and increased the export tariffs on logs and unprocessed sawn timber from 6.5%%, not less than 2.5 Euro/m3 to 6.5% and not less than 4 Euro/m3. By July 2007, it was further increased to 10% and not less than 6 Euro/m3, resulting in a rapid decline in exports. However, the export of timber in Southeast Asian countries is not restricted. However, due to the consideration of protecting domestic resources and environmental protection, the forestry policy implements a sustainable development strategy and adopts measures to control and limit the amount of harvesting, which restricts the supply of logs in the future. In the next 10 years, tight timber supply and rising prices will be the overall trend of the industry. The rise in raw materials has brought greater cost pressure to the industry.
UnionPay letter analysis:
State control policies have been introduced frequently, which has brought the furniture industry to a new test. In addition, the furniture industry is also facing pressure from trade barriers, rising raw materials, and rising RMB exchange rate. The appreciation of the RMB has increased by nearly 10% in the past year. The profits of the Chinese furniture industry, especially small and medium-sized enterprises, have been as thin as blades.
The price increase has become the main theme of the furniture industry. Since the second half of last year, the price of wood has been rising continuously. After only half a year, the price increase will be transmitted to the furniture industry. As the price of wood rises, corporate profit margins continue to be squeezed, and price increases have become the trend of the times. For the production of raw materials, such as flooring, doors, cabinets, etc., which are mainly dependent on wood, it is difficult to digest the cost and increase the price.
Not only the main material, the price of furniture auxiliary materials continues to rise. Prices such as paints, adhesives, and hardware have also accelerated at the end of last year. At the same time, the rise in fuel and oil prices should not be underestimated, and the proportion of furniture prices that it brings is not too small.
The number of furniture enterprises in China is huge, and there are many small and medium-sized enterprises. This price hike is likely to cause some small and medium-sized enterprises to slump, and good companies can survive in the past.
According to customs statistics, from January to August, Ningbo Port exported furniture and parts totaling 1.3 billion US dollars, up 46% over the same period of last year. Due to the lowering of the tax rebate rate, the growth rate dropped by 2.3 percentage points compared with the same period of last year.
The decline in the growth of China's furniture exports reminds us that the furniture industry faces the following two problems that cannot be ignored: First, trade barriers constitute the main bottleneck restricting exports. At the end of 2004, the United States imposed an anti-dumping duty ranging from 0.83% to 198% on the ruling of Chinese wooden furniture for the United States. EU furniture companies also filed anti-dumping complaints against China's exported soft furniture in 2006, and began to implement the "Registration, Evaluation, Authorization and Restriction System for Chemicals" in June 2007. The furniture manufacturing industry is directly related to the application of chemical products. Industry will be affected. Secondly, there are too many middle and low-end furniture exports, and the industry order is not standardized. On the one hand, the current phenomenon of furniture imitation delays the branding process of China's furniture, and also restricts the added value of export products. On the other hand, the rapid growth of market demand has caused most furniture exporting enterprises to focus only on quantity growth rather than quality improvement, resulting in more export of medium and low-end products, lower average prices and weaker market competitiveness.
To this end, it is recommended that enterprises: First, we should increase the intensity of the development of high value-added products, and shift the product from quantity expansion to quality improvement; second, strengthen the guidance and regulation of the furniture industry, curb the disorderly competition of furniture exports, and actively respond to Trade frictions, open up emerging markets, and avoid excessive reliance on European and American markets.
Bank credits suggest that the profit level of the furniture industry and its development prospects are related to whether bank loans can be recovered as scheduled, while the furniture industry is currently in the process of gradually reducing profits, and the regulation of state policies is constantly increasing. Even the relevant departments are expected to further adjust exports. The tax rebate policy, China's furniture industry is in the midst of pain. China's furniture industry has different regional development characteristics. Under this circumstance, banks should analyze the biggest risks faced by loan companies in light of the characteristics of furniture development.
In the case of the overall meager profit of the furniture industry, it is recommended that banks should have a choice to grant credit to the furniture industry. When granting credit, they can choose large enterprises with competitive strength, strong research and development capabilities and strong capital, and some financial conditions are prone to deterioration. Enterprises with unstable cash flow and lack of innovation should reduce or stop crediting them to prevent unnecessary credit risk generation and losses to banks.
In addition, the enterprise indicators for the key review of corporate banks in different regions should be different. For the northern enterprises, banks should focus on the positioning of the products of the enterprises. China's middle and low-end furniture market is currently saturated, domestic competition is fierce, overcapacity is serious, and manufacturers have obtained market share at low prices. Such vicious competition is not conducive to the development of the industry, and it also jeopardizes the safety of bank credit funds. The high value-added high-end products are conducive to the company's dilemma. Some new environmentally friendly alternative materials, smart furniture development prospects are very good, the market space is large, banks can choose this type of enterprise for credit.
In the case of southern enterprises that are affected by the rise in international timber prices, the appreciation of the renminbi, and the barriers to international trade, banks are obliged to stop crediting for export enterprises that mainly use low-cost and earn processing fees. Such enterprises have less ability to resist risks.
The Catalogue of Prohibited Commodities in Processing Trade lists the plates and furniture produced from domestic wood as raw materials forbidden. In the catalogue, furniture made from domestically produced wood is not allowed to be exported, but furniture made from imported wood is not included. Many enterprises in northern China mainly use local wood to produce furniture. The products are well-known and the export share is increasing year by year. Such enterprises will be affected more. In some enterprises in the south, timber is mainly imported and affected less. In the context of policy regulation, the North and South furniture industry needs to be repositioned.
The northern furniture industry is facing export-to-domestic sales inhibition of wood products export policies will have a greater impact on the entire furniture industry, especially on export-oriented processing trade furniture enterprises. The Catalogue of Prohibited Commodities in Processing Trade lists the plates and furniture produced from domestic wood as raw materials forbidden. This has a great impact on the northern furniture industry, which uses domestic wood as its main raw material. At present, nearly 40% of furniture companies are processing trade enterprises. Such enterprises will encounter the industry's "cold winter" if they do not adjust the structure of their export products in time.
As national policies hinder industry exports, this will result in overcapacity in the domestic market, and price competition will further intensify. The furniture industry, which has already had a meager profit, is facing more intense competition.
On July 1, the export tax rebate rate reduction policy was introduced, and the furniture export tax rebate was reduced from 13% to 11% or 9%. On August 23, the processing trade policy was adjusted again, and 17 kinds of furniture were included in export-restricted commodities. With frequent policies, small and medium-sized furniture exporters are facing unprecedented pressure. Yinlianxin believes that the raw materials of the furniture industry in the north and south are different and affected by the policy. The furniture industry needs to be repositioned.
The Catalogue of Prohibited Commodities in Processing Trade lists the plates and furniture produced from domestic wood as raw materials forbidden. In the catalogue, furniture made from domestically produced wood is not allowed to be exported, but furniture made from imported wood is not included. Many enterprises in northern China mainly use local wood to produce furniture. The products are well-known and the export share is increasing year by year. Such enterprises will be affected more. In some enterprises in the south, timber is mainly imported and affected less. In the context of policy regulation, the North and South furniture industry needs to be repositioned.
The profits of the southern furniture industry will continue to fall. Because the raw materials of the southern furniture industry mainly rely on imports, the impact of the industry policy on the industry is small. However, the continued rapid increase in production costs has put pressure on the industry as a whole.
In the international market, furniture wood as a whole is in short supply. In 2006, Russia adjusted the tariffs on timber, increased taxes and fees, and increased the export tariffs on logs and unprocessed sawn timber from 6.5%%, not less than 2.5 Euro/m3 to 6.5% and not less than 4 Euro/m3. By July 2007, it was further increased to 10% and not less than 6 Euro/m3, resulting in a rapid decline in exports. However, the export of timber in Southeast Asian countries is not restricted. However, due to the consideration of protecting domestic resources and environmental protection, the forestry policy implements a sustainable development strategy and adopts measures to control and limit the amount of harvesting, which restricts the supply of logs in the future. In the next 10 years, tight timber supply and rising prices will be the overall trend of the industry. The rise in raw materials has brought greater cost pressure to the industry.
UnionPay letter analysis:
State control policies have been introduced frequently, which has brought the furniture industry to a new test. In addition, the furniture industry is also facing pressure from trade barriers, rising raw materials, and rising RMB exchange rate. The appreciation of the RMB has increased by nearly 10% in the past year. The profits of the Chinese furniture industry, especially small and medium-sized enterprises, have been as thin as blades.
The price increase has become the main theme of the furniture industry. Since the second half of last year, the price of wood has been rising continuously. After only half a year, the price increase will be transmitted to the furniture industry. As the price of wood rises, corporate profit margins continue to be squeezed, and price increases have become the trend of the times. For the production of raw materials, such as flooring, doors, cabinets, etc., which are mainly dependent on wood, it is difficult to digest the cost and increase the price.
Not only the main material, the price of furniture auxiliary materials continues to rise. Prices such as paints, adhesives, and hardware have also accelerated at the end of last year. At the same time, the rise in fuel and oil prices should not be underestimated, and the proportion of furniture prices that it brings is not too small.
The number of furniture enterprises in China is huge, and there are many small and medium-sized enterprises. This price hike is likely to cause some small and medium-sized enterprises to slump, and good companies can survive in the past.
According to customs statistics, from January to August, Ningbo Port exported furniture and parts totaling 1.3 billion US dollars, up 46% over the same period of last year. Due to the lowering of the tax rebate rate, the growth rate dropped by 2.3 percentage points compared with the same period of last year.
The decline in the growth of China's furniture exports reminds us that the furniture industry faces the following two problems that cannot be ignored: First, trade barriers constitute the main bottleneck restricting exports. At the end of 2004, the United States imposed an anti-dumping duty ranging from 0.83% to 198% on the ruling of Chinese wooden furniture for the United States. EU furniture companies also filed anti-dumping complaints against China's exported soft furniture in 2006, and began to implement the "Registration, Evaluation, Authorization and Restriction System for Chemicals" in June 2007. The furniture manufacturing industry is directly related to the application of chemical products. Industry will be affected. Secondly, there are too many middle and low-end furniture exports, and the industry order is not standardized. On the one hand, the current phenomenon of furniture imitation delays the branding process of China's furniture, and also restricts the added value of export products. On the other hand, the rapid growth of market demand has caused most furniture exporting enterprises to focus only on quantity growth rather than quality improvement, resulting in more export of medium and low-end products, lower average prices and weaker market competitiveness.
To this end, it is recommended that enterprises: First, we should increase the intensity of the development of high value-added products, and shift the product from quantity expansion to quality improvement; second, strengthen the guidance and regulation of the furniture industry, curb the disorderly competition of furniture exports, and actively respond to Trade frictions, open up emerging markets, and avoid excessive reliance on European and American markets.
Bank credits suggest that the profit level of the furniture industry and its development prospects are related to whether bank loans can be recovered as scheduled, while the furniture industry is currently in the process of gradually reducing profits, and the regulation of state policies is constantly increasing. Even the relevant departments are expected to further adjust exports. The tax rebate policy, China's furniture industry is in the midst of pain. China's furniture industry has different regional development characteristics. Under this circumstance, banks should analyze the biggest risks faced by loan companies in light of the characteristics of furniture development.
In the case of the overall meager profit of the furniture industry, it is recommended that banks should have a choice to grant credit to the furniture industry. When granting credit, they can choose large enterprises with competitive strength, strong research and development capabilities and strong capital, and some financial conditions are prone to deterioration. Enterprises with unstable cash flow and lack of innovation should reduce or stop crediting them to prevent unnecessary credit risk generation and losses to banks.
In addition, the enterprise indicators for the key review of corporate banks in different regions should be different. For the northern enterprises, banks should focus on the positioning of the products of the enterprises. China's middle and low-end furniture market is currently saturated, domestic competition is fierce, overcapacity is serious, and manufacturers have obtained market share at low prices. Such vicious competition is not conducive to the development of the industry, and it also jeopardizes the safety of bank credit funds. The high value-added high-end products are conducive to the company's dilemma. Some new environmentally friendly alternative materials, smart furniture development prospects are very good, the market space is large, banks can choose this type of enterprise for credit.
In the case of southern enterprises that are affected by the rise in international timber prices, the appreciation of the renminbi, and the barriers to international trade, banks are obliged to stop crediting for export enterprises that mainly use low-cost and earn processing fees. Such enterprises have less ability to resist risks.
PVC 3D Table Top PanelL
We are the manufacturer of pvc marble panel and Table Top Panel, with it`s great advantage ,it is very popular in China these years, and It has the features of bright surface, natural design, Insulation, abrasion resistance, chemical resistance, water proof, Hygienic, fast fitting and Durable.
Feature
1. Fireproof
PVC 3D Table Top Panel is non-flammable and conforms to the national grade B1 standard (GB8624-2012 Grade B1).
2. Water-proofing and moisture-proofing
The product is allowed to long-term expose to moist environment.
3. Easy to install
PVC 3D Table Top Panel is easy to cut, saw nail, stick. it has a smooth finish one side that can be taped and jointed ready for decoration including wallpapering, painting, texture coat and veneer, and a rougher side for tiling.
5. Environment
PVC 3D Table Top Panel does not contain any organic solvents, formaldehyde, asbestos, oils or other toxic substances that can have a negative impact on the environment and waterways.
|
Specification size |
1200mm*2400mm |
|
Surface Finish |
High UV coating |
|
Thickness |
1-9mm |
|
Color |
Customized colors |
|
Hardness |
3H-6H |
|
Materials |
PVC |
|
Type |
PVC 3D Table Top Panel |
|
Installation |
Easy installation |
|
Life Span |
15 years |
|
Place of original |
China |
PVC Cabinet And Furniture Surface Panel
Pvc 3D Texture Table Top Panel ,Pvc 3D Marble Table Top Panel ,Pvc 3D Flower Color Table Top Panel ,Pvc 3D Solid Wood Table Top Panel
Shandong Kingmarble Decoration Materials Co.,Ltd , https://www.pvcpanel.de