The EU officially passed the new environmental protection regulations, China's furniture exports suffered a cold winter

According to reports, not long ago, the EU officially passed the "Wood and Wood Products Regulations and New Environmental Design Directives" to further increase the threshold for the export of Chinese wood products to Europe. At the same time, due to the impact of real estate control policies since last year, domestic demand has also become increasingly deserted. This has caused the Chinese furniture industry to encounter another cold winter since the 2008 financial crisis.
In furniture stores in many cities across the country, reporters have found that even if the furniture is sold in half, few buyers decide to save money, and large companies can eat and eat old, and small workshops are in danger of being eliminated by the market. Industry insiders said that the sales volume of the entire domestic furniture industry has declined last year. About 30% of the stores in the hypermarket are losing money. This year, the loss has spread to 50%-6%.
According to industry statistics, the sales performance of 95% of the entire furniture industry in this year has dropped sharply compared with the same period of last year. Many companies have even fallen as much as 3-4%. The first town in China for furniture exports is Guangzhou. In Dalingshan Town, more than 30% of the machine tools enterprises are in a state of loss, and the phenomenon of bankruptcy is intensifying. Now the situation makes the company feel like cooking frogs in warm water. At first, people didn't feel so serious, but as time went by, the situation became more serious than in 2008.
There are two main reasons for this: One is the slowdown of domestic demand, which is affected by real estate regulation. There are fewer people buying houses, and the natural cost of buying furniture will also decrease. In addition, under the influence of the global economic downturn, the EU has raised the threshold for the import of wood products, which is a huge blow to a large number of small and medium-sized furniture manufacturers in China. Many export companies said that in the first half of this year, there were very few European customers who had frequent business contacts with the company. The days of major exporting countries concentrated in European furniture companies were not particularly good. The cost of raw materials such as furniture sheets, paints, glues, etc., as well as artificial rise, as well as the impact of the appreciation of the renminbi, the furniture industry is currently struggling under the influence of internal and external factors.
At present, the entire furniture industry is not only the domestic demand is deserted, the external demand is sluggish, and the European and American markets are becoming more and more strict with China's furniture standards.
At the beginning of this year, the US Senate passed the "Standards for the Standardization of Formaldehyde for Composite Wood Products", which was officially implemented on July 1. This new bill reduces the amount of formaldehyde released from wholesale wood products sold in the United States, posing a challenge to China's furniture exporters. Recently, the "EU Wood and Wood Products Regulations and New Environmental Design Directives" have also been officially adopted, requiring all manufacturers on the wood production and processing sales chain to submit timber sources, countries and forests, wood volume and weight, and log suppliers. The basic address of the legality of the source of the wood, such as the name and address. This is undoubtedly a severe test for foreign trade furniture companies.

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