Since the second half of 2012, the **mahogany furniture** industry has entered a "low point." According to several industry insiders, over the past year, production costs for mahogany have increased by 10% to 20%, yet most furniture prices have remained stable or even dropped. On August 1, 2012, the national standard for "General Technical Conditions for Mahogany Furniture" came into effect. This regulation sets guidelines for product classification and naming, and requires all mahogany furniture to be accompanied by a unified quality certification card.
In March this year, the 16th Conference of States Parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) updated its appendices. Several species of Dalbergia, including *Dalbergia sibirica*, *D. mesoamerica*, *D. dentata*, *D. serrata*, and *D. lobata*, were moved from Appendix III to Appendix II, which means stricter international trade controls.
On June 12, the revised CITES regulations will take full effect. According to the national standard GB18107-2000 "Redwood," the number of redwood species under CITES protection has increased to seven, leading to more stringent control over the import of redwood logs. Industry experts believe that these changes will significantly impact the import of mahogany raw materials, resulting in higher domestic prices for mahogany furniture.
According to reports, many manufacturers are already preparing for price hikes, with some setting plans to increase prices. However, the lack of clear standards has led to confusion in the market, with inconsistent pricing and quality across different sellers.
Some types of mahogany, like *Dalbergia chinensis*, are expected to see a 20% to 30% price increase soon. Since the second half of last year, the mahogany furniture sector has been struggling, with rising costs but stagnant or falling prices. As one merchant recalled, in 2007, demand was high, and customers would rush to buy after a recommendation.
Recently, the reporter visited a furniture store where sales staff were idle, and some shops were nearly empty. One seller mentioned that due to rising costs and a declining market, the number of shops had dropped from 13 to 7. Prices have become more transparent, making it hard for sellers to raise prices without losing customers.
Another industry veteran, Gong Nanzhu, reminisced about the "golden era" of mahogany furniture, when prices doubled in just two months. Today, profit margins have shrunk, and the market is oversaturated. While some rare woods like *Laohu Dalbergia* are in short supply and seeing sharp price increases, others are facing oversupply.
The upcoming CITES implementation is expected to cause significant changes. The increased protection of certain species has made imports more difficult, and domestic suppliers may soon face shortages. Some companies have already announced price increases, with some mahogany items now costing 10 to 20 yuan per kilogram more.
Experts agree that the future of the mahogany furniture industry lies in premium products. With limited raw materials and growing demand, the focus must shift toward quality, craftsmanship, and innovation. Many industry leaders believe that establishing unified standards, improving technology, and creating regional brands are essential steps for long-term success.
As the market evolves, the path forward is clear: embrace quality, invest in sustainable practices, and build a stronger, more professional industry. Only then can mahogany furniture reclaim its status as a symbol of luxury and artistry.
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