A few days ago, it was reported that since April 15 this year, imported furniture will bid farewell to the 6-year "zero tariff" era and will be subject to 10% import tariff. Does the tariff rise mean that the price of imported furniture will rise? If the price of imported furniture rises, will this be good news for domestic furniture? People in the furniture industry in our city frankly said that a new round of price rise in the furniture industry is about to start.
policy
Imported furniture
The era of "zero tariff" will end
It is reported that no import tariff has been levied on imported furniture in the past six years, but the era of "zero tariff" will soon end. The General Administration of Customs of the People's Republic of China recently issued Regulation No. 15 of 2012, which clearly stipulates that "10% import tariff will be levied on solid wood furniture, leather furniture, rattan, bamboo furniture and other furniture, which will be implemented from April 15, 2012."
Recall that at the beginning of last month, the import tariff of New Zealand milk powder recovered from 5.8% to 10%, which immediately caused the collective price increase of Nestle, Mead Johnson and other imported milk powder to exceed 10%. Now the tariff of imported furniture will be raised from zero to 10%, will it cause the collective price rise of imported furniture?
reaction
The price of imported furniture may rise by 15%
"We have received the notice of price increase and will adjust the price on April 15 by about 15%," Zhang Haixing, a dealer of Disney Furniture in Yangzhou, told reporters.
It is reported that many raw materials of Disney furniture are imported from Germany, Italy and other countries, and the import rate is as high as 80%. "The tariff increase of 10% has a great impact on furniture manufacturers like us who rely on foreign imports for most materials, and we will increase the price by 15% this time," Zhang Haixing revealed.
However, during the interview, some brands said that even if import tariffs were raised, the product prices would not change in the near future. "The market will have a time to digest the tariff hike, and manufacturers will not adjust prices for the time being," said Mr. Gu Bo, a dealer of Haitian Century in Yangzhou.
influence
Little benefit for domestic furniture
The insiders in our city said that, according to common sense, with the increase of import furniture tariffs, the price of imported furniture will rise, and domestic furniture should be able to expand the market by taking advantage of the price advantage. However, in fact, there is little possibility for domestic furniture to seize the market through the price advantage created by this tariff increase. Why is this?
"For purely imported furniture, the tariff hike will indeed widen the price gap with domestic furniture, but there are not many purely imported furniture brands in Yangcheng market. Many brands advertise that they are imported from abroad, but in fact, they only import some materials, and the processing and production are all in China. Therefore, the tariff hike of imported furniture has little impact on such brands, and will not open up more with domestic furniture brands " Mr. Gubo said.
