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.

Material costs for new non-residential construction in the United Kingdom grew by almost 67 percent between 2015 and June 2022. The annual average prices of construction materials used for repairs, new housing, and other new construction work increased at a similar pace during that period. By June 2022, the aggregate prices of materials soared for all types of construction work.

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.

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.

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

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.

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.

Saudi Arabia Construction Materials Price: Average: Blocks: Black: 20 cm data was reported at 1,756.560 SAR/1000 Unit in Mar 2025. This records an increase from the previous number of 1,750.790 SAR/1000 Unit for Feb 2025. Saudi Arabia Construction Materials Price: Average: Blocks: Black: 20 cm data is updated monthly, averaging 1,722.035 SAR/1000 Unit from Feb 2009 (Median) to Mar 2025, with 194 observations. The data reached an all-time high of 1,857.910 SAR/1000 Unit in Jul 2022 and a record low of 1,425.370 SAR/1000 Unit in Jan 2019. Saudi Arabia Construction Materials Price: Average: Blocks: Black: 20 cm data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EA006: Average Construction Materials Price.

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 4.8 percent growth rate. Moreover, building materials costs are expected to grow by 17.6 percent in 2022. Nevertheless, these figures were calculated at the end of 2021, and therefore do not reflect the developments seen afterwards.

The price of construction materials in the Lima metropolitan area decreased slightly in 2024. That came after construction material prices saw growth rates of over 11 percent in 2021 and 2022. Construction material costs have fluctuated significantly during the past decades, with prices decreasing in 2009 after a steep increase in the previous year. The annual growth rate of building material costs in Chile also peaked in 2022.

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).

Austria Construction Cost Index: Road Construction: Materials data was reported at 202.500 2005=100 in Mar 2025. This records a decrease from the previous number of 203.200 2005=100 for Feb 2025. Austria Construction Cost Index: Road Construction: Materials data is updated monthly, averaging 141.400 2005=100 from Jan 2005 (Median) to Mar 2025, with 243 observations. The data reached an all-time high of 208.600 2005=100 in Sep 2022 and a record low of 95.000 2005=100 in Jan 2005. Austria Construction Cost Index: Road Construction: Materials data remains active status in CEIC and is reported by Statistics Austria. The data is categorized under Global Database’s Austria – Table AT.EA005: Construction Cost Index: 2005=100.

United States - Producer Price Index by Commodity: Special Indexes: Construction Materials was 343.52600 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Special Indexes: Construction Materials reached a record high of 353.01500 in May of 2022 and a record low of 22.20000 in January of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Special Indexes: Construction Materials - last updated from the United States Federal Reserve on June of 2025.

The construction output price in the United Kingdom has reached an annual growth rate of two percent in September 2024. Construction costs have been increasing at a lower rate than in 2022 and 2023. The year-over-year growth rate reached over 10 percent in May and June of 2022. Public and private housing was the construction segment with the highest output price increase. How have material costs developed over the years? Several factors influence construction material costs, including supply and demand, regulatory requirements, and transportation logistics. Manufacturing efficiency and global trade policies also play a big part, along with economic factors like inflation and currency fluctuations. In June 2022, the price of construction materials for new houses in the UK were 53 percent higher than in 2015. What is the largest component of those costs? Labor costs are often one of the largest expenses in construction projects. That is due to the skilled nature of the work, which has a high demand for specialized trades. The construction sector's labor costs accounted for around 58 percent of the sector's earnings in the United Kingdom in 2023. In the past years, the size of labor costs as a share of the construction sector rose by more than three percentage points, indicating that labor costs have increased at a faster rate than the overall revenue of the industry.

Sales of construction supplies are driven by the level of commercial and residential construction and renovation activity, construction material prices and private consumption. Construction material prices surged over the two years through 2022-23 due to the supply disruptions arising from the Russia-Ukraine conflict. Due to economic uncertainty and rising costs, the construction industry is facing a tough time with fewer new projects. However, there's a silver lining as demand for repair and maintenance work is on the rise, which has helped keep the overall construction supplies output steady. Competition among wholesalers is fierce, especially for those offering durable and cost-effective solutions. While high energy prices have been a hurdle, the recent stabilisation in material costs due to falling pressure in inflation offers some breathing room. In 2024-25, optimism in the construction sector is growing, driven by falling material prices, with revenue anticipated to climb by 4.1% over the year. Falling material prices are also set to improve the industry’s average profit margin. Several social infrastructure frameworks, like the New Hospital Programme and the School Rebuilding Programme, have provided a much-needed inflow of demand for construction supplies. Industry revenue is forecast to inch upwards over the five years through 2024-25 at a compound annual rate of 0.2% to reach £40.5 billion. Looking forward, several opportunities present themselves to construction supplies wholesalers. The government’s commitment to tackling the housing shortage will foster sales to residential building contractors. To meet the government's aim of decarbonising the UK's power system by 2030, construction investments will be poured into constructing renewable energy systems, boosting demand for wholesalers. Sustainably sourced or energy-efficient materials will climb in popularity, likely supporting a widening profit margin. Over the five years through 2029-30, revenue is forecast to grow at a compound annual rate of 5.4% to reach £52.8 billion.

In the first quarter of 2025, San Francisco, Chicago, New York, and Honolulu were some of the U.S. cities with the highest housing construction costs. Meanwhile, Phoenix had one of the lowest construction costs for high-end multifamily homes at 190 U.S. dollars per square foot and Las Vegas for single-family homes between 240 and 480 U.S. dollars per square foot. Construction cost disparities As seen here, the construction cost for a high-end multi-family home in San Francisco in the first quarter of 2024 was over twice more expensive than in Phoenix. Meanwhile, there were also great differences in the cost of building a single-family house in New York and in Portland or Seattle. Some factors that may cause these disparities are the construction materials, installation, and composite costs, differing land values, wages, etc. For example, although the price of construction materials in the U.S. was rising at a slower level than in 2022 and 2023, several materials that are essential in most construction projects had growth rates of over five percent in 2024. Growing industry revenue Despite the economic uncertainty and other challenges, the size of the private construction market in the U.S. rose during the past years. It is important to consider that supply and demand for housing influences the revenue of this segment of the construction market. On the supply side, single-family home construction fell in 2023, but it is expected to rise in 2024 and 2025. On the demand side, some of the U.S. metropolitan areas with the highest sale prices of single-family homes were located in California, with San Jose-Sunnyvale-Santa Clara at the top of the ranking.

Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.

Brazil National Construction Cost Index: INCC-10: Materials & Services data was reported at 883.094 Index in Dec 2022. This records an increase from the previous number of 880.603 Index for Nov 2022. Brazil National Construction Cost Index: INCC-10: Materials & Services data is updated monthly, averaging 367.434 Index from Jun 1996 (Median) to Dec 2022, with 319 observations. The data reached an all-time high of 884.386 Index in Aug 2022 and a record low of 126.260 Index in Jun 1996. Brazil National Construction Cost Index: INCC-10: Materials & Services data remains active status in CEIC and is reported by Getulio Vargas Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EA001: National Construction Cost 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.