THE LATEST FIGURES for the production, deliveries and stocks of concrete roof tile show a slight improvement in all three categories in the first quarter of 2022.
Concrete Roof Tile
Production in the first quarter rose by 9.86% to 4,143,000m2 of roof coverage from 3,771,000m2 in the previous quarter. This brings production levels up to slightly more than half (54.50%) of the pre-pandemic Q4 2019 figure of 7,601,000m2.
Deliveries of concrete roofing tiles were also up in Q1 22 to 3,990,000m2 of roof coverage from 3,694,000m2 – an increase of 8.01%.
Much of the production was evidently laid down in stocks of concrete roofing tiles in the first quarter of 2022 which saw a 72.88% rise, from the historic low point of the previous quarter of 1,077,000m2 rising to 1,862,000m2. However, stocks of concrete roofing tiles remain at less than half the level of the pre-pandemic Q4 2019 point, which was 3,999,000m2.
Building Materials Costs Rise by a Quarter
The Building Materials and Components figures come with a record rise of building material costs. The previous two-year average costs rise between 20-22% has itself been surpassed with the Construction Material Price Index all work category running at a spiralling 24.5% over the past 12 months – up by the same percentage on March 2021.
Across the past 12 months to March, new work saw the biggest cost increases of 27.8%, with repair and maintenance at 22.4% and new housing at 19.5%.
The monthly changes in costs between February and March 2022 were, new housing at 2.1%, repair and maintenance at 3.6%, other new work at 7.3%, with the all work averaged at 5%.
With no construction material price decreases reported in any category, the biggest cost rises were seen for concrete reinforcing bars (63.6%), fabricated structural steel (54.7%) and particle board (40.7%).
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