Raw material prices skyrocketing: Let’s be clear
Rising commodity prices: what caused them?
How much did the pandemic affect? Let’s find out all the details together in this news.
The constant and increasing increase in the prices of raw materials, together with increases in energy consumption, is putting various players in the construction sector in difficulty.
A quote accepted a few weeks ago, for example, may no longer be valid because of the constant price changes.
This uncertainty, but also the difficulty in finding raw materials, causes great dissatisfaction in the sector, then considered the numerous Home Bonuses to which consumers can access.
2020-2021 by comparison: data on the increase in raw materials
If 2020 was the year of the lockdowns and the pandemic, 2021 marked an average increase of 35% on commodity prices compared to the previous year.
Other percentages, however, that concern iron, which from March 2020 to March 2021 had a price increase of about 75%.
With these increases and the general dissatisfaction of construction workers, the year just ended was certainly not the best.
For this reason, our experts, at the forefront of the market to try to always meet the needs of customers, try to respond with this article to the many daily problems encountered.
The main causes of the increase
Several factors are responsible for this increase in raw material prices.
First of all, the resumption of the free movement of persons and therefore the relaunching of economic activities has pushed production worldwide to the pre enlargement levels.
Despite this clear economic recovery, there are many logistical difficulties on the market, such as the problem of blocking the Suez Canal.
It should be stressed that the spread of covid-19 and the resulting limitations can generate new and additional blocks of important trade hubs which, although temporary, cause further delays and difficult access to raw materials.
Although the situation remains complicated, the network of trusted agents of Fixy & Htn group has always managed, even during last year, to meet the needs of customers with punctuality and great professionalism.
The predictions for the future
Just as it is difficult to predict the course of the pandemic and the related hypothetical new restrictions introduced by EU and non-EU countries, so it is complicated to make prognostics about the future.
For the moment, inflation and price increases still seem to be a real danger for 2022, but the experts, while hoping for an improvement, are not unbalanced.
What is certain is that our company remains committed day by day to explore new solutions to offer customers certified products and at a competitive price on the market, respecting deadlines and agreements made despite the continuous changes in the industry.
