Golden Sea Manufacture &Trading company sofa chair price is affected
According to the data of the "2018-2021 China Furniture Product Market Special Research and Investment Feasibility Assessment Report", in the first quarter of 2020, the cumulative operating income of enterprises above designated size in the furniture industry fell by 23.73% year-on-year; the total cumulative profit fell by 22.99% year-on-year.
In the first quarter of 2020, the three types of home furnishing industry related products, furniture, lamps & lighting devices, and ceramic products, all declined year-on-year. Among them, the export value of ceramic products decreased by 23% year-on-year, the export value of lamps, lighting devices and parts decreased by 19.3% year-on-year; the export value of furniture and its parts decreased by 18.7% year-on-year.
Affected by the new crown pneumonia, Chinese furniture industry has been affected to varying degrees in all aspects. Among them, the price of some furniture raw materials has risen slightly, and even the home furniture industry has been affected. Many companies have to choose a small increase in order to maintain costs.
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Golden Sea Manufacture &Trading company sofa chair price has also risen due to certain influences.