Interzum
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Subdued mood amongst hardwood traders at Interzum
The general mood of hardwood traders attending the Interzum 2023 show in Cologne 9 to 12 May was that the overall market, having slowed dramatically in the second half of 2022, has remained very subdued this year. There were many references to economic uncertainty owing to the Ukraine war, extremely high energy costs, rising inflation leading in turn to higher interest rates, and consumers becoming increasingly cautious after two years of high spending immediately after lockdowns. The boom in home improvement, that started in the pandemic and helped drive hardwood sales in Europe and which was encouraged by government stimulus measures, is now well and truly over.... Continue reading
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May 16, 2023
Subdued mood amongst hardwood traders at Interzum
The general mood of hardwood traders attending the Interzum 2023 show in Cologne 9 to 12 May was that the overall market, having slowed dramatically in the second half of 2022, has remained very subdued this year. There were many references to economic uncertainty owing to the Ukraine war, extremely high energy costs, rising inflation leading in turn to higher interest rates, and consumers becoming increasingly cautious after two years of high spending immediately after lockdowns. The boom in home improvement, that started in the pandemic and helped drive hardwood sales in Europe and which was encouraged by government stimulus measures, is now well and truly over.... Continue reading
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February 5, 2020
45th CIFF and CIFM/interzum Guangzhou 2020 postponed
The postponement of the 45th CIFF Guangzhou and CIFM/interzum Guangzhou 2020 has been announced by the sponsoring organization. “As China is fighting a serious battle against the novel coronavirus, prevention and control of the epidemic is the country’s most important work for now,” said China Foreign Trade Guangzhou-Exhibition General Corp. in a statement. Following the Chinese government’s guidelines to contain the virus, the Department of Commerce of Guangdong Province and Guangzhou Municipal Commerce Bureau recently announced that all large-scale economic and trade events should be suspended. “To ensure health and safety of all participants, the organizers have taken the decision to postpone the 45th China International Furniture Fair (Guangzhou) (“CIFF Guangzhou”) and China International Furniture Machinery & Furniture Raw Materials Fair 2020... Continue reading
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May 16, 2023
Subdued mood amongst hardwood traders at Interzum
The general mood of hardwood traders attending the Interzum 2023 show in Cologne 9 to 12 May was that the overall market, having slowed dramatically in the second half of 2022, has remained very subdued this year. There were many references to economic uncertainty owing to the Ukraine war, extremely high energy costs, rising inflation leading in turn to higher interest rates, and consumers becoming increasingly cautious after two years of high spending immediately after lockdowns. The boom in home improvement, that started in the pandemic and helped drive hardwood sales in Europe and which was encouraged by government stimulus measures, is now well and truly over.... Continue reading