Andrew Scott, Purplex Marketing, discusses how Brexit could benefit British product manufacturers

Can British product manufacturers benefit from Brexit?

  • 13 Sep 2016

  • Share

Since Britain voted to leave the European Union, the price of imported products is starting to rise: according to experts, construction costs could increase by up to 12%.

However, as imports are becoming less competitive, Purplex Marketing’s Andrew Scott argues that British manufacturers could benefit.

The Office of National Statistics’ recently published Building Materials and Components Statistic suggests that, last year, electrical wires were both the UK’s most imported and exported building products.

British-manufactured products often achieve a higher grade; thus, they are more expensive than what the local construction market is willing to pay. According to a recent Barclays study, the ‘Made in Britain’ label commands premium overseas rates.

Timber window frames are another example: although Britain has a historic tradition of manufacturing them, many contractors prefer to import the systems from cheaper countries, such as Poland. Concurrently, British joineries will export their production to international markets at higher prices.

Can local manufacturers benefit?

Purplex predicts that, as the cost gaps between imports and exports begin to close, the UK construction market will start to utilise the local manufacturing sector. Through effective branding and positioning, building product companies will be able to acquire more market share.

Whilst many British building product manufacturers will continue to import raw materials and components, Andrew believes that, in the longer term, the industry will see more companies bringing more stages of their production back to the UK, and sourcing their materials more locally.

Contact Purplex Marketing:

502 Worle Park Way,
Weston-super-Mare,
BS22 6WA

London Office:

Golden Cross House
8 Duncannon Street
The Strand
London
WC2N 4JF

Tel: 01934 808132 

E-mail: grow@purplexmarketing.com

Visit Purplex Marketing's website

Leave a Reply

More articles

Schueco
Fernox

Hole in one at Fernox charity golf day

Fernox recently held its annual charity golf day at Warwickshire’s Draycote Hotel and Golf Course, where customers, suppliers and partners joined Fernox in raising £6,356 for Shooting Star Chase.

Posted in Articles, Building Industry Events, Building Industry News, Building Products & Structures, Building Services, Competitions, Damp & Waterproofing, Drainage Services, Drainage, Guttering, Soffits & Fascias, Plumbing, Posts

  • Share
Ancon

Ancon launches improved IHR Head Restraint

ANCON has re-engineered its IHR internal head restraint to accommodate gaps at the wall head of up to 75mm, extending the previous maximum of 50mm.

Posted in Articles, Building Industry News, Building Products & Structures, Concrete, Cement, Admixtures, Innovations & New Products, Posts, Steel and Structural Frames

  • Share
GAI

New British Standard guides bring door hardware professionals up-to-date

A plethora of revised British Standards has led to the publication of a trio of new technical guides from the Guild of Architectural Ironmongers (GAI) for door and window hardware specialists.

Posted in Access Control & Door Entry Systems, Architectural Ironmongery, Articles, Building Associations & Institutes, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Doors, Health & Safety, Innovations & New Products, Posts, Publications, Security and Fire Protection, Windows

  • Share