Companies in the timber industry / Daily News / Market Analysis / Wood Industry Prices / Furniture / Price analysis and info / Wood Products / Europe / Global / North America
January 3, 2022
Ikea is hiking its prices as the supply chain crisis continues to disrupt its operations
Ikea is raising its prices by 9% on average due to supply chain challenges. An Ikea spokesperson said the impact will be bigger in North America. Companies around the world have been warning of supply chain challenges since the onset of COVID-19. Ikea is hiking prices by an average of nearly 10%, due to supply chain bottlenecks and the surging cost of materials amid the pandemic. The Swedish furniture maker has built a reputation for its economical yet stylish flatpack furniture but a spokesperson said that it was starting ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!