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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Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.
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.
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.
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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).
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United Kingdom Construction Material Price Index: New Housing data was reported at 122.200 2010=100 in Oct 2018. This records an increase from the previous number of 122.000 2010=100 for Sep 2018. United Kingdom Construction Material Price Index: New Housing data is updated monthly, averaging 107.950 2010=100 from Jan 2008 (Median) to Oct 2018, with 130 observations. The data reached an all-time high of 122.200 2010=100 in Oct 2018 and a record low of 90.600 2010=100 in Jan 2008. United Kingdom Construction Material Price Index: New Housing data remains active status in CEIC and is reported by Department for Business, Innovation and Skills. The data is categorized under Global Database’s United Kingdom – Table UK.I028: Construction Material Price Index: 2010=100.
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.
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United Kingdom Construction Material Price Index: Repair and Maintenance data was reported at 122.600 2010=100 in Oct 2018. This records an increase from the previous number of 122.200 2010=100 for Sep 2018. United Kingdom Construction Material Price Index: Repair and Maintenance data is updated monthly, averaging 108.200 2010=100 from Jan 2008 (Median) to Oct 2018, with 130 observations. The data reached an all-time high of 122.600 2010=100 in Oct 2018 and a record low of 88.600 2010=100 in Jan 2008. United Kingdom Construction Material Price Index: Repair and Maintenance data remains active status in CEIC and is reported by Department for Business, Innovation and Skills. The data is categorized under Global Database’s United Kingdom – Table UK.I028: Construction Material Price Index: 2010=100.
The price of construction aggregates have increased significantly in the United Kingdom in 2022. Prices of bituminous mixtures based on natural and artificial stone grew at a slower rate until 2021, after which a significant growth rate in prices was observed in 2022. The price of gravel, sand, clay, and kaolin, including levy in 2022 was nearly 53 percent higher than in 2015.
The prices of ready-mixed concrete in the United Kingdom (UK) increased by 16.36 percent in 2023. Although the cost of cement and pre-cast concrete also increased significantly that year, but the price of concrete-reinforcing bars in 2023 was over 20.9 percent lower than in 2022. These figures are an index based on the prices of 2015, which have been set at 100. This serves the purpose of showing the price evolution of this construction material.
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PPI: Input: Construction Materials data was reported at 107.800 1995=100 in May 2002. This records an increase from the previous number of 107.400 1995=100 for Apr 2002. PPI: Input: Construction Materials data is updated monthly, averaging 100.800 1995=100 from Jan 1991 (Median) to May 2002, with 137 observations. The data reached an all-time high of 107.800 1995=100 in May 2002 and a record low of 86.900 1995=100 in Dec 1991. PPI: Input: Construction Materials data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I018: Producer Price Index: SIC 2003: 2005=100: Input.
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United Kingdom PPI: Input: 90=100: Construction Materials data was reported at 125.700 1990=100 in Aug 1998. This records a decrease from the previous number of 125.900 1990=100 for Jul 1998. United Kingdom PPI: Input: 90=100: Construction Materials data is updated monthly, averaging 112.550 1990=100 from Jan 1990 (Median) to Aug 1998, with 104 observations. The data reached an all-time high of 126.100 1990=100 in Jun 1998 and a record low of 96.900 1990=100 in Jan 1990. United Kingdom PPI: Input: 90=100: Construction Materials data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I018: Producer Price Index: SIC 2003: 2005=100: Input.
This edition presents information on selected building materials, including monthly data on price indices, bricks, cement and concrete blocks. It also presents quarterly data on sand and gravel, slate, concrete roofing tiles, ready-mixed concrete and imports and exports of construction products.
The April 2012 commentary has been corrected following the discovery of an error in the text relating to Chart 2. The corrected version, published on 11 June 2012, is available below. Page 2 of the document has further information on the correction. We apologise for any inconvenience caused.
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United Kingdom PPI: Input: House Building Materials data was reported at 108.200 1995=100 in May 2002. This records an increase from the previous number of 107.800 1995=100 for Apr 2002. United Kingdom PPI: Input: House Building Materials data is updated monthly, averaging 100.900 1995=100 from Jan 1991 (Median) to May 2002, with 137 observations. The data reached an all-time high of 108.200 1995=100 in May 2002 and a record low of 86.700 1995=100 in Dec 1991. United Kingdom PPI: Input: House Building Materials data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I018: Producer Price Index: SIC 2003: 2005=100: Input.
(CDID: EW6K) Quarter - Producer price inflation time series (MM22) Producer Price Indices (PPIs) are a series of economic indicators that measure the price movement of goods bought and sold by UK manufacturers.
In 2023, the price of fabricated structural steel in the United Kingdom has fallen by over ** percent. That came after the cost of that building material soared between 2020 and 2022. Most of that price increase happened in 2021, with a growth rate of **** percent that year. Structural steel is widely used for construction because it is durable, malleable, and strong, while also being cheaper than many other metals. For example, it is often used as a structural material for skyscrapers and other buildings, as well as for infrastructure. Why has the price of steel increased? Those price increases seen until 2022 have not just affected the UK, but many other countries around the world. For example, the cost of fabricated structural metal in the U.S. and that of structural steel and other steel products in Germany reached their highest growth rate in 2022. Supply chain disruptions along with a decrease in the global production of crude steel in 2020 were some of the main reasons for those price hikes in 2021. In addition to that, the price of iron ore, which is the main component of steel, and energy also had a strong impact on the final price of steel products those years. Largest steel producers In the past couple of years, China was by far the largest steel producer in the world, with a production volume that was well over ***** times higher than that of the second country in the ranking: India. Although the United States was also on that list along with Japan and Russia, it was not among the leading exporters of steel. The reason for that discrepancy is that a big share of the production in countries of the size of the U.S., China, and India goes to fill their own domestic needs. Meanwhile, **** of the ** companies with the highest output of steel came from China, with the rest coming from Luxembourg, Japan, South Korea, India, and the U.S.
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United Kingdom ImPI: EU: OM: Bricks, Tiles And Construction Products, In Baked Clay data was reported at 131.600 2010=100 in Jun 2018. This records an increase from the previous number of 131.000 2010=100 for May 2018. United Kingdom ImPI: EU: OM: Bricks, Tiles And Construction Products, In Baked Clay data is updated monthly, averaging 113.150 2010=100 from Jan 2012 (Median) to Jun 2018, with 78 observations. The data reached an all-time high of 131.800 2010=100 in Feb 2018 and a record low of 101.600 2010=100 in Jan 2012. United Kingdom ImPI: EU: OM: Bricks, Tiles And Construction Products, In Baked Clay data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I043: Foreign Trade Price Index: SIC 2007: 2010=100: Import Price Index: EU.
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建筑材料价格指数:其它新的工作在10-01-2018达122.2002010=100,相较于09-01-2018的121.2002010=100有所增长。建筑材料价格指数:其它新的工作数据按月更新,01-01-2008至10-01-2018期间平均值为110.7002010=100,共130份观测结果。该数据的历史最高值出现于10-01-2018,达122.2002010=100,而历史最低值则出现于01-01-2008,为87.6002010=100。CEIC提供的建筑材料价格指数:其它新的工作数据处于定期更新的状态,数据来源于Department for Business, Innovation and Skills,数据归类于全球数据库的英国 – 表 UK.I028:建筑材料价格指数:2010年=100。
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Steel rose to 3,043 CNY/T on July 3, 2025, up 0.43% from the previous day. Over the past month, Steel's price has risen 2.70%, but it is still 10.74% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.
Autoclaved Aerated Concrete Market Size 2024-2028
The autoclaved aerated concrete (AAC) market size is forecast to increase by USD 7.58 billion at a CAGR of 6.8% between 2023 and 2028.
The market is witnessing significant growth due to several key trends. One of the primary drivers is the increased government spending on infrastructure projects In the Asia-Pacific region, which is leading to a rise in demand for construction materials, including AAC. Another trend is the growing preference for environment-friendly buildings, as AAC is a sustainable and energy-efficient alternative to traditional concrete. Versatile in usage, AAC blocks can replace traditional red bricks and are suitable for various applications, including walling, flooring, and roofing. Additionally, the rising prices of construction materials have made AAC an attractive option for builders due to its cost-effectiveness. These factors are expected to fuel the growth of the AAC market In the coming years. Furthermore, the use of AAC in non-residential applications, such as commercial and industrial buildings, is also on the rise, expanding the market's scope beyond residential construction.
What will be the Size of the Autoclaved Aerated Concrete (AAC) Market During the Forecast Period?
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The market encompasses lightweight, durable building materials manufactured using cement, fine aggregates such as sand, fly ash, expansion agents, and water. These eco-friendly AAC blocks exhibit excellent compressive strength, fire resistance, shear stress, and sound reduction index, making them a popular choice for both residential and commercial construction projects. Their high load-bearing capacity, water resistance, and resistance to mold, mildew, insects, rotting, and non-combustibility contribute to their long-lasting nature.
AAC's thermal insulation properties and acoustic performance offer energy efficiency and noise reduction benefits. Despite their production process requiring significant energy consumption, the market continues to grow due to their overall sustainability and superior performance characteristics.
How is this Autoclaved Aerated Concrete (AAC) Industry segmented and which is the largest segment?
The autoclaved aerated concrete (AAC) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
End-user
Non-residential
Residential
Product
Blocks
Panels
Others
Geography
APAC
China
India
Europe
UK
France
North America
US
South America
Middle East and Africa
By End-user Insights
The non-residential segment is estimated to witness significant growth during the forecast period.
Autoclaved Aerated Concrete (AAC) is a lightweight, eco-friendly building material that offers superior durability and thermal insulation. AAC blocks are made from cement, fine aggregates, sand, fly ash, expansion agents, and water. They exhibit long-lasting performance with high load-bearing capacity, water resistance, mould resistance, mildew resistance, insect resistance, and rotting resistance. AAC blocks are non-combustible, making them ideal for fire-resistant structures. AAC blocks have a dry density of 800-1200 kg/m3 and a compressive strength of 7-10 N/mm2. They offer excellent fire resistance, with a fire-resistance rating of up to 4 hours. AAC blocks also provide a good sound reduction index, shear stress resistance, and acoustic performance.
Further, AAC blocks are versatile and can be used for various applications, including walls, floors, and roofs. They require less mortar consumption, foundation load, and structural steel consumption compared to traditional bricks. AAC blocks offer numerous benefits, including energy efficiency, low-maintenance, and flexibility during installation. They can be easily cut, shaped, and adjusted for various construction requirements. The production process of AAC blocks is eco-friendly and sustainable, making them an attractive option for green construction projects. AAC blocks are also disaster-resistant and have a self-weight that is naturally lower than traditional bricks, reducing transportation and shipping costs.
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The non-residential segment was valued at USD 11.01 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 46% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share
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.