Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in early 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.
The production price index (PPI) for construction materials and components in the United States decreased slightly in 2024. Up until 2020, construction prices had been rising fairly steadily. However, in the years after that construction producer prices have been very unstable. Production price index A PPI of *** in 2022, indicates that the real-world price has risen by *** percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, the PPI for construction machinery and equipment has also risen steadily until 2018. Like all prices, there are regional differences within the United States. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government. Common construction materials Some building materials are essential to construction work, and the decision on which to use is important for the life and the endurance of the building. Materials such as cement, steel, and sand are essential to many construction projects. The production of cement is tightly linked to the demand that comes from the construction industry. The durability and potency of steel gives it an advantage over wood and concrete, providing buildings with a higher resistance but a cheaper price tag. Sand is commonly used in buildings, but it is especially common in roads that require stones of various grades and granulation.
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Graph and download economic data for Producer Price Index by Commodity: Special Indexes: Construction Materials (WPUSI012011) from Jan 1947 to May 2025 about materials, construction, commodities, PPI, inflation, price index, indexes, price, and USA.
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United States - Producer Price Index by Industry: Building Material and Supplies Dealers was 224.75400 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Building Material and Supplies Dealers reached a record high of 259.21300 in March of 2022 and a record low of 100.00000 in December of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Building Material and Supplies Dealers - last updated from the United States Federal Reserve on June of 2025.
The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.
The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.
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Graph and download economic data for Producer Price Index by Commodity: Wholesale Trade Services: Building Materials, Paint, and Hardware Wholesaling (WPU573) from Mar 2009 to May 2025 about hardware, paints, wholesale, materials, trade, buildings, services, commodities, PPI, inflation, price index, indexes, price, and USA.
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China Purchasing Price Index: Building Material data was reported at 94.300 Prev Year=100 in 2024. This records an increase from the previous number of 94.100 Prev Year=100 for 2023. China Purchasing Price Index: Building Material data is updated yearly, averaging 102.600 Prev Year=100 from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 140.900 Prev Year=100 in 1993 and a record low of 94.100 Prev Year=100 in 2023. China Purchasing Price Index: Building Material 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.IE: Purchasing Price Index.
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Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data was reported at 138.820 2010=100 in Jul 2019. This records an increase from the previous number of 138.470 2010=100 for Jun 2019. Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data is updated monthly, averaging 123.310 2010=100 from Jan 2013 (Median) to Jul 2019, with 79 observations. The data reached an all-time high of 138.820 2010=100 in Jul 2019 and a record low of 103.000 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.
In the fiscal year 2024, the price index for building construction materials in Japan stood at 141.8 index points. After rising significantly in 2021 and 2022, prices for building materials declined in 2023 and 2024.
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Graph and download economic data for Producer Price Index by Industry: Building Material and Garden Supply Retailers (PCU444444) from Dec 2003 to May 2025 about garden, dealers, materials, supplies, buildings, equipment, PPI, industry, inflation, price index, indexes, price, and USA.
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The global building material dealer market is experiencing robust growth, driven by the expanding construction sector and increasing home improvement activities worldwide. While the exact market size in 2025 is not provided, considering typical growth rates in this sector and the presence of major players like Home Depot and Lowe's, a reasonable estimate for the 2025 market size could be around $500 billion USD. Assuming a conservative Compound Annual Growth Rate (CAGR) of 5% over the forecast period (2025-2033), the market is projected to surpass $750 billion by 2033. This growth is fueled by several key factors, including rising disposable incomes in developing economies leading to increased housing construction, government initiatives supporting infrastructure development, and a growing trend toward home renovations and DIY projects. The market is segmented by product type (hardware and hand tools, plumbing and electrical supplies, paint and sundries, home lawn and garden tools, and other products) and application (household and commercial), allowing businesses to target specific customer needs effectively. Competitive pressures are intense, particularly among the major international players like Home Depot and Lowe's, who are continuously innovating and expanding their supply chains to maintain market share. Geographic growth varies, with North America and Europe currently dominating the market, but the Asia-Pacific region is expected to demonstrate significant expansion due to rapid urbanization and infrastructure investments in countries like China and India. Challenges include fluctuations in raw material prices, supply chain disruptions, and increasing labor costs. The success of building material dealers hinges on their ability to adapt to evolving customer preferences, embrace e-commerce solutions, and manage inventory effectively in a volatile market environment. Strategic partnerships, investments in logistics and technology, and a focus on sustainable and eco-friendly products will be crucial for growth. The increasing adoption of digital tools for online ordering and improved customer service are also changing the face of the industry. Regional differences in construction regulations, building codes, and customer preferences necessitate a nuanced approach to market penetration and localization strategies. Analyzing specific market segments – such as the growing demand for specialized tools and sustainable building materials – will be crucial for companies seeking a competitive edge. The long-term outlook for the building material dealer market remains positive, underpinned by consistent growth in global construction activities and rising consumer demand for home improvement products.
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).
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Lumber and building material stores have enjoyed an uptick in revenue spurred by rising construction activity and elevated material prices. While these stores face fierce competition from big-box retailers like Home Depot, they've managed to carve a niche by focusing on specialized products and services. Customized offerings and eco-friendly lines have allowed them to stand out, especially as the construction sector has shown an upward trend. Meanwhile, price adjustments because of rising costs in lumber, HVAC and flooring have also contributed to revenue gains despite potentially discouraging consumer purchases. Tax incentives for energy-efficient home improvements and increased residential construction have further bolstered the industry's performance. Revenue is expected to climb at a CAGR of 0.7% to $160.8 billion through the end of 2025, including a projected growth of 0.4% in 2025 alone. In the same year, profit is anticipated to account for 5.0% of revenue. Over the past five years, lumber and building material stores have navigated a challenging environment marked by volatile pricing and supply chain disruptions. Yet, they've managed to maintain a steady course. While elevated lumber prices drove price-based gains, making certain products more expensive, these stores capitalized on the demand surge for public and private construction projects. Specialty contractors have become their largest customer base, frequently turning to local stores for materials tailored to specific needs. Consolidation within the industry has been a notable trend, with larger companies acquiring smaller competitors to remain viable against big-box giants. Moreover, embracing technology and e-commerce has aided operational efficiencies and customer retention despite external pressures. Looking ahead, lumber and building material stores are poised for sustained growth over the next five years, driven by residential construction and ongoing interest rate cuts. More stores are expected to consolidate to take advantage of economies of scale and compete with growing national chains. Environmental consciousness will also shape offerings, with more stores stocking green building materials to meet rising consumer demand for sustainable infrastructure. Though competition from home improvement stores will intensify, lumber and building material stores will thrive by focusing on local expertise, customer service and innovation to maintain their competitive edge in an evolving market. Revenue is forecast to inch upward at a CAGR of 0.8% to $167.3 billion through the end of 2030.
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This dataset contains the indices of UK hourly Construction Wage Costs (quarterly; not seasonally adjusted; 2000 = 100) and UK Construction Material Prices for New Housing, Other New Work, Repair and Maintenance, and All Work (monthly; 2010 = 100).
Construction Material Prices
The construction market intelligence (CMI) unit publication, ‘Monthly statistics of building materials and components’, presents the latest detailed information on selected building materials and contains monthly data on price indices, bricks, cement and concrete blocks. It also contains quarterly data on sand and gravel, slate, concrete roofing tiles, ready-mixed concrete and imports and exports of construction products.
Data are derived from a Department for Business, Innovation & Skills monthly Building Materials and Components statistical release.
Construction Wage Costs
The Index of Labour Costs per Hour (ILCH) is a measure of the cost of having an employee for an hour of work. It represents the total cost of employing an individual, which is primarily the earnings of the employee, but also includes non-wage costs. It is also known as the Labour Cost Index (LCI); the index is produced by all member countries of the EU and collated by Eurostat.
Data are derived from ONS data releases found here.
Overall, the price of most of the materials used in construction in Germany decreased in 2024 Only the price of lime and burnt gypsum and the cost of repairing mining, construction, and building material machines increased at a rate of over four percent in 2024. The price of most building materials either increased by less than one percent or they fell. In 2023, one of the construction materials in Spain with the highest price increase was cement.
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The dataset presents an exhaustive list of construction materials prices from 2005 to 2020 in the Northern region of Morocco.
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(DC)Unit Price Index: Selangor & F.T: Rolled Steel Joists data was reported at 100.000 Jul2008=100 in Dec 2012. This stayed constant from the previous number of 100.000 Jul2008=100 for Nov 2012. (DC)Unit Price Index: Selangor & F.T: Rolled Steel Joists data is updated monthly, averaging 100.000 Jul2008=100 from Jul 2008 (Median) to Dec 2012, with 54 observations. The data reached an all-time high of 100.000 Jul2008=100 in Dec 2012 and a record low of 100.000 Jul2008=100 in Dec 2012. (DC)Unit Price Index: Selangor & F.T: Rolled Steel Joists data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .
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Graph and download economic data for Producer Price Index by Industry: Gypsum Product Manufacturing: Gypsum Building Materials (PCU3274203274201) from Dec 1993 to May 2025 about gypsum, materials, buildings, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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(DC)Unit Price Index: Pahang: Plumbing Materials data was reported at 108.800 Jul2008=100 in Dec 2012. This stayed constant from the previous number of 108.800 Jul2008=100 for Nov 2012. (DC)Unit Price Index: Pahang: Plumbing Materials data is updated monthly, averaging 103.100 Jul2008=100 from Jul 2008 (Median) to Dec 2012, with 54 observations. The data reached an all-time high of 108.800 Jul2008=100 in Dec 2012 and a record low of 100.000 Jul2008=100 in Jul 2008. (DC)Unit Price Index: Pahang: Plumbing Materials data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .
Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in early 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.