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.

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.

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 Commodity: Special Indexes: Construction Materials (WPUSI012011) from Jan 1947 to May 2025 about materials, construction, commodities, PPI, inflation, price index, indexes, price, and USA.

Material costs for new non-residential construction in the United Kingdom grew by almost ** 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.

Italy - Construction cost index: Input prices for materials was EUR104.80 points in June of 2019, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, Italy - Construction cost index: Input prices for materials reached a record high of EUR104.80 points in June of 2019 and a record low of EUR70.00 points in March of 1995.

Brazil Construction Cost: Materials data was reported at 574.700 BRL/sq m in Oct 2018. This records an increase from the previous number of 570.790 BRL/sq m for Sep 2018. Brazil Construction Cost: Materials data is updated monthly, averaging 326.040 BRL/sq m from Jul 1994 (Median) to Oct 2018, with 292 observations. The data reached an all-time high of 574.700 BRL/sq m in Oct 2018 and a record low of 156.680 BRL/sq m in Jan 1999. Brazil Construction Cost: Materials data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA003: Construction Cost: Average: By Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.

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.

Germany - Construction cost index: Input prices for materials was EUR123.90 points in September of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, Germany - Construction cost index: Input prices for materials reached a record high of EUR123.90 points in September of 2021 and a record low of EUR75.30 points in December of 2002.

Argentina Construction Cost Index: Materials data was reported at 126,153.000 1993=100 in Mar 2025. This records an increase from the previous number of 125,354.400 1993=100 for Feb 2025. Argentina Construction Cost Index: Materials data is updated monthly, averaging 100.600 1993=100 from Jan 1970 (Median) to Mar 2025, with 663 observations. The data reached an all-time high of 126,153.000 1993=100 in Mar 2025 and a record low of 0.000 1993=100 in Mar 1975. Argentina Construction Cost Index: Materials data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.EA008: Construction Cost Index: 1993=100.

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).

European Union - Construction cost index: Input prices for materials was EUR122.10 points in September of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, European Union - Construction cost index: Input prices for materials reached a record high of EUR122.10 points in September of 2021 and a record low of EUR72.20 points in March of 2000.

Construction Materials Market Outlook 2032

The global construction materials market size was USD 1,320.01 Billion in 2023 and is projected to reach USD 1,867.16 Billion by 2032, expanding at a CAGR of 3.9% during 2024–2032. The market growth is attributed to the increasing urbanization and industrialization across the globe.



Growing urbanization and industrialization are expected to boost the market during the assessment years. Cities expand and industries grow and the demand for construction materials increases significantly. This is due to the need for infrastructure development, including residential, commercial, and industrial buildings. Furthermore, industrialization leads to technological advancements in construction materials, enhancing their quality, durability, and sustainability.

Impact of Artificial Intelligence (AI) in Construction Materials Market

Artificial Intelligence (AI) significantly impacts the construction materials market by enhancing efficiency, reducing costs, and improving safety measures. AI-powered tools and software enable the industry to optimize the use of construction materials, thereby minimizing waste and reducing environmental impact.



AI algorithms accurately predict the quantity of materials required for a project, eliminating the guesswork and reducing over-ordering. AI contributes to cost reduction by automating routine tasks, such as inventory management and quality control, which traditionally require human intervention. This automation saves time and reduces the risk of human error.



In terms of safety, AI technologies, such as machine learning and computer vision, help identify potential hazards at construction sites, thereby preventing accidents and ensuring the well-being of workers. Therefore, the integration of AI in the market offers substantial benefits, transforming the way the industry operates and paving the way for sustainable and efficient construction practices.

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The construction material cost index in Turkey showed a steady increase from January 2015 to July 2024. As of July 2024, the construction material cost index peaked at approximately ***** index points.

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.

Portugal - Construction cost index: Input prices for materials was EUR115.70 points in December of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, Portugal - Construction cost index: Input prices for materials reached a record high of EUR115.70 points in December of 2021 and a record low of EUR79.70 points in March of 2001.

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.

Finland - Construction cost index: Input prices for materials was EUR116.50 points in September of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, Finland - Construction cost index: Input prices for materials reached a record high of EUR116.50 points in September of 2021 and a record low of EUR64.20 points in March of 1996.

Romania - Construction cost index: Input prices for materials was RON109.70 points in December of 2020, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, Romania - Construction cost index: Input prices for materials reached a record high of RON130.70 points in June of 2012 and a record low of RON19.20 points in March of 2000.