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Horvath study: European producers expect double-digit price increases for construction raw materials by the end of 2021

Horvath study: European producers expect double-digit price increases for construction raw materials by the end of 2021

The largest increases were recorded for wood, where the price has doubled since September, in Germany and Romania

  • European producers expect that the price of wood, steel, plastics, gas or methanol will continue to rise sharply until the end of the year, but also in 2022.
  • For wood, the interviewed producers expect an increase of up to 33%, by the end of 2021.
  • Romania is strongly affected in terms of its relationship with Germany, the largest trading partner.
European manufacturers expect that the prices of raw materials used in construction will register double-digit price increases by the end of 2021. According to a recent study by the international consulting company Horvath, the highest growth is expected to be 33% in timber by the end of 2021.
 
For more information, please see the Romanian version of the article, here.

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