British furniture prices rise due to the ban on the import of Russian timber because of russia and ukraine

British furniture prices rise due to the ban on the import of Russian timber

Release date: May 11, 2022

On April 18, the British media quoted business representatives as saying that the ban on the import of wood from Russia and Belarus led to a sharp rise in the price of British furniture.

The media pointed out that the UK Forest Management Commission suspended all trade certificates with Russia and Belarus and blocked all imports from the two countries supervised by it. However, the ban had the side effect of rising prices against the background that furniture manufacturers were trying to find alternative suppliers.

Jan oscroft, chief executive of white meadow, a furniture maker, said the cost of producing a sofa was 25% higher than before brexit. “The forest management commission is right to ban imports from Russia, but it has put pressure on other timber suppliers and, of course, led to a surge in timber prices,” he said

Some netizens said that European sanctions against Russia also bound themselves, leading to soaring prices. This is to hurt others but not yourself. Kill the enemy for 800 and lose yourself for 1000. In the end, it hurts you.

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