Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

Between 2018 and 2021, the cost of construction materials mostly increased in the United Kingdom. There was only a small decrease in their price in 2020. In 2021, the costs reached a *** percent growth rate. Moreover, building materials costs are expected to grow by **** percent in 2022. Nevertheless, these figures were calculated at the end of 2021, and therefore do not reflect the developments seen afterwards.

Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to Sep 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.

Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).

Slovakia Construction Price Index: Materials data was reported at 128.800 2021=100 in Mar 2025. This records an increase from the previous number of 127.000 2021=100 for Feb 2025. Slovakia Construction Price Index: Materials data is updated monthly, averaging 104.300 2021=100 from Jan 2018 (Median) to Mar 2025, with 87 observations. The data reached an all-time high of 130.100 2021=100 in Mar 2023 and a record low of 86.800 2021=100 in Jan 2018. Slovakia Construction Price Index: Materials data remains active status in CEIC and is reported by Statistical Office of the Slovak Republic. The data is categorized under Global Database’s Slovakia – Table SK.EA003: Construction Price Index: 2021=100.

The highest increase among the listed building materials in Russia was observed for sand in the North Caucasian Federal District at nearly *** percent in the first quarter of 2021. The most significant price fall was recorded for sand as well, in the Far Eastern Federal District. There, the average price of a thousand tons of this material dropped by about ** percent over the observed period.

Construction Output Price Indices (OPIs) from January 2014 to September 2025, UK. Summary

This table contains monthly figures on the input price index of new dwellings; input price indices building costs to monitor the costs of new dwellings (labour and materials) in the Netherlands.

An input price index is determined on the basis of price changes of the various cost components making up the product - in this case a new dwelling. Changes in the prices of building equipment (tools and machinery), general costs, profit and risk are not included in the input price index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.

Data available from: January 2012 to December 2023

Status of the figures: The figures of the wages and total building costs are definite up to and including the year 2022. The figures of the building materials are definite up to and including six months from the most recent reported month. The data for 2023 is provisional. Since this table has been discontinued, the data is no longer finalized.

Changes as of February 29, 2024 The index number series in this table use 2015 as the reference year (2015=100). To ensure that the results of the index series are more in line with current events, a so-called base shift is implemented once every five years. Due to the implementation of FRIBS (Framework Regulation Integrating Business Statistics) in 2021, this time the base shift is postponed by one year to 2021=100. The subsequent base shift will return to a regular year, namely 2025=100. Upon the publication of the reporting period of January 2024, such a base shift will occur, and the reference year will be switched to 2021 (2021=100). The index series with the reference 2021=100 will be published in new StatLine tables. This table will be discontinued from that moment and will no longer be updated. However, it will remain available in the archive. The new tables for 2021=100 will commence with the reporting month of January 2018.

Changes as of March 11, 2024 This table has been discontinued. This table is followed by New dwellings; input price indices building costs 2021=100. See paragraph 3.

The price of multifamily units under construction in the United States increased significantly more than that of single-family homes in 2024. While the price of single-family houses was *** percent higher than in the previous year, those figures amounted to over **** percent for multifamily residential units. The overall cost of construction materials in the U.S. increased noticeably in 2021 and 2022.

This table contains monthly figures on the input price index of new dwellings; input price indices building costs to monitor the costs of new dwellings (labour and materials) in the Netherlands.

An input price index is determined on the basis of price changes of the various cost components making up the product - in this case a new dwelling. Changes in the prices of building equipment (tools and machinery), general costs, profit and risk are not included in the input price index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.

Data available from: January 2018

Status of the figures: The price index figures for wages and the total construction costs are final until 2024. The figures for building materials are final until May 2025.

Changes as of November 28th, 2025: Figures for October 2025 have been added. Due to an improvement in the calculation method, some index figures are revised by a maximum of 0.4 index point. The improvement relates to the aggregation of sub series.

Changes as of November 29th, 2024: Since this publication, a switch has been made to a different rounding strategy, whereby the changes are calculated on unrounded index figures and annual figures are calculated from rounded and published figures. With this switch there is more consistency with other statistics on Statline and statistics from Eurostat. As a result, mutations have changed across the entire series.

When will new figures be published? New figures are published about 30 days after the month under review.

In 2024, the price of building materials in Mexico increased at a significantly lower rate than in 2021 and 2022. The annual growth rate of salaries in 2024 was much higher than that of the other types of construction costs. Salaries had an annual growth rate from around ***** to **** percent until 2016, since then they have been rising at a faster pace. Building construction, along with transport and urbanization, were the segments that made up most of the production value in the industry.

China Retail Price Index: Building Material and Hardware (BM) data was reported at 101.900 Prev Year=100 in 2022. This records an increase from the previous number of 101.800 Prev Year=100 for 2021. China Retail Price Index: Building Material and Hardware (BM) data is updated yearly, averaging 101.200 Prev Year=100 from Dec 1988 (Median) to 2022, with 35 observations. The data reached an all-time high of 128.800 Prev Year=100 in 1993 and a record low of 97.000 Prev Year=100 in 1990. China Retail Price Index: Building Material and Hardware (BM) data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Annual.

Between 2022 and 2025, the construction price of residential and non-residential buildings in Canada has grown at the same pace. The price of both types of buildings was roughly ***** percent higher in the last quarter of 2025 than in 2024, which is the year when the index base was set at 100. Nevertheless, that only considers the cost of buildings in 15 selected metropolitan areas in Canada. Toronto was by far the metropolitan region with the highest construction costs in Canada.

What determines construction costs? The growth rate of the construction price of different types of buildings tends to follow similar trends to some extent. For example, price growth rates in Canada for most types of buildings were more moderate in 2024 than in previous years. However, those figures show a lot of disparity, with the cost of building a high rise apartment building growing much faster than that of other types of buildings. This might be because the construction costs depend on elements such as the location, materials, and complexity of the building, which tend to be quite different for each type of building.

Lumber building materials in Canada In 2024, Canada was the world’s second-largest exporter of wood building materials such as veneer sheets, parquet flooring, particleboard, laminated wood, and builders’ joinery and carpentry. Forestry, logging, and processing wood into ready-to-use materials are important industries in the Canadian economy. High price growth rates of building materials impact negatively the construction industry as their activities become more expensive. However, the forestry and logging industry benefited from the cost of lumber rising in 2020 and 2021. In the past years, the price of lumber, however, has fallen again.

The Construction sector has expanded over the past five years; nonresidential construction activity has been particularly strong, and a surge in materials costs has driven up contractors' rates. Contractors in the sector construct buildings and engineer projects across a wide range of industries and applications, so construction sector revenue tends to correlate with broader macroeconomic conditions. Volatile interest rates, specifically, have impacted sector activity in recent years, with high rates having cooled residential construction activity since 2022. Sector revenue has risen at a CAGR of 4.1% to reach an expected $3.7 trillion in 2025, including an estimated increase of 1.5% in 2025 alone as recent interest rate cuts encourage investment. In recent years, contractors have benefited from easing supply chain issues, with the price of construction materials having slowly fallen from its May 2022 peak (though remaining well above pre-pandemic prices). This more predictable business environment has only had a limited positive effect on the average sector profit margin, however, as the construction sector's perennial labor shortage has kept wage costs high. In 2025, the second Trump administration's policies have disrupted this previously stabilizing business environment, with ever-shifting tariff policies making it harder to plan for the future. A mounting trade war has the potential to disrupt supply chains and drive up the cost of materials, while plans for mass deportations threaten to further limit the sector's labor pool. Still, potential interest rate cuts in the coming years stand to spur increased investment in construction activity. Contractors are set to continue to benefit from increasing commercial and infrastructure construction activity, aided by the 2021 Infrastructure Investment and Jobs Act, the 2022 CHIPS and Science Act and the 2022 Inflation Reduction Act. The Trump administration has looked to disrupt some of the funding included in these bills, particularly that which targets the previous administration's climate goals, however. Basic macroeconomic drivers, including population growth, will continue to expand the construction sector. Areas of the country with lower regulatory burdens, namely the Southeast, will continue to outpace the country as a whole in both construction activity and population growth. Overall, sector revenue is set to climb at a CAGR of 2.0% to reach $4.1 trillion in 2030.

Taiwan Construction Cost Index: GN: Materials data was reported at 111.620 2021=100 in Mar 2025. This records an increase from the previous number of 111.070 2021=100 for Feb 2025. Taiwan Construction Cost Index: GN: Materials data is updated monthly, averaging 75.720 2021=100 from Jan 1991 (Median) to Mar 2025, with 411 observations. The data reached an all-time high of 111.620 2021=100 in Mar 2025 and a record low of 36.150 2021=100 in Aug 1991. Taiwan Construction Cost Index: GN: Materials data remains active status in CEIC and is reported by Directorate-General of Budget, Accounting and Statistics, Executive Yuan. The data is categorized under Global Database’s Taiwan – Table TW.EA019: Construction Cost Index: 2021=100.

Hungary - Construction cost index was HUF106.90 points in December of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Construction cost index - last updated from the EUROSTAT on December of 2025. Historically, Hungary - Construction cost index reached a record high of HUF106.90 points in December of 2021 and a record low of HUF26.70 points in March of 1999.

In 2024, clay and ceramic products and refractories were the construction materials with the highest price increase in Canada. The average price of that product was over ***** percent higher in 2024 than in the previous year. Meanwhile, the price of Asphalt, architectural metal, and a some other products decreased in 2024.

The self-leveling concrete market is experiencing robust growth, driven by the increasing demand for high-quality, durable flooring solutions across diverse sectors. The construction industry's ongoing expansion, particularly in commercial and residential projects, is a key factor fueling this market. Furthermore, the rising preference for aesthetically pleasing and easy-to-install flooring options, coupled with advancements in self-leveling concrete technology leading to improved strength and faster setting times, is significantly boosting market adoption. While the market faces certain restraints, such as fluctuating raw material prices and the potential for skilled labor shortages, these challenges are being mitigated by innovative production techniques and a focus on sustainable practices within the industry. The market segmentation reveals strong demand across all end-use sectors, with commercial projects currently leading, followed closely by residential and industrial applications. Product-wise, self-leveling concrete topping mixes hold the largest market share, due to their versatility and application in a wide range of flooring projects. Geographic analysis shows North America and Europe currently dominating the market, but the Asia-Pacific region is projected to experience the fastest growth in the coming years, driven by rapid urbanization and infrastructure development in countries like China and India. This growth trajectory indicates significant opportunities for market players, encouraging continued innovation and expansion into emerging markets. The competitive landscape is characterized by both established multinational players and regional manufacturers. Major companies are actively investing in research and development to improve their product offerings and expand their geographical reach. Strategic collaborations, mergers, and acquisitions are expected to further shape the market dynamics in the coming years. The market is witnessing a growing trend towards eco-friendly self-leveling concrete formulations, meeting the increasing demand for sustainable building materials. This trend, along with ongoing technological advancements, will further propel market growth, especially in environmentally conscious regions. The forecast period anticipates consistent growth, driven by ongoing construction activities and the increasing awareness of the benefits of self-leveling concrete compared to traditional methods. Recent developments include: March 2022: LATICRETE International, Inc. recently commissioned its first manufacturing facility in the African continent for construction materials in Nairobi, Kenya.June 2021: LATICRETE International, Inc. commissioned its third manufacturing facility for construction products in Henan Province, South China, to meet the growing demand from the region.March 2021: LATICRETE International, Inc. expanded its product portfolio for self-leveling underlayments by introducing two new products, NXT Level Plus and NXT Level Flow. It is unique because it can be applied over oriented strand boards, plywood, etc.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The wood fiber insulation market is experiencing robust growth, driven by increasing awareness of sustainable building practices and the inherent eco-friendly nature of wood fiber insulation. With a Compound Annual Growth Rate (CAGR) exceeding 5% from 2019 to 2033, the market demonstrates significant potential for expansion. Key drivers include stringent building codes promoting energy efficiency, the rising demand for eco-conscious construction materials, and the superior thermal and acoustic performance of wood fiber insulation compared to traditional alternatives. The market's segmentation likely includes various product types (e.g., boards, rolls, loose-fill), each catering to specific applications in residential, commercial, and industrial constructions. The competitive landscape is characterized by a mix of established players like Saint-Gobain and Knauf Insulation, alongside smaller specialized companies focusing on regional markets. This dynamic interplay contributes to innovation in product development and manufacturing processes, further fueling market expansion. The market's growth trajectory is projected to remain positive through 2033, although potential restraints exist. Fluctuations in raw material prices (wood fiber) and the potential for stricter environmental regulations could influence growth rates. However, the ongoing push for green building initiatives and the increasing affordability of wood fiber insulation compared to other high-performance options are likely to offset these challenges. Regional growth patterns may vary based on factors like existing building codes, government incentives for sustainable construction, and the availability of raw materials. North America and Europe, with their established green building sectors, are expected to be significant market contributors. The continuous innovation in insulation technology, leading to improved performance and easier installation methods, will also contribute to the market's continued growth and adoption. Recent developments include: October 2022: Ziegler Group started production of a wood fiber insulation board on the new DIEFFENBACHER plant., May 2022: The SOPREMA Group ordered a second Siempelkamp plant to produce its Pavatex wood fiber insulation., April 2021: Knauf Insulation launched its new range of insulation products for the UK market. The range includes a variety of insulation solutions for walls, floors, and roofs. The products are designed to provide superior thermal performance and energy efficiency., March 2021: Saint-Gobain acquired the insulation business of EWI Pro Insulation Systems Ltd. The acquisition will enable Saint-Gobain to expand its product portfolio and strengthen its presence in the UK insulation market.. Key drivers for this market are: Increasing Demand from the Residential Sector, Growing Usage of Eco-friendly Insulation. Potential restraints include: Increasing Demand from the Residential Sector, Growing Usage of Eco-friendly Insulation. Notable trends are: Residential Sector Demand Continues to Rise.