Q3 of 2021 recorded the second-highest quarterly BMBI sales ever. However, there are signs of a slowdown as volume growth gives way to value growth, driven by price increases.
The latest figures from the Builders Merchant Building Index (BMBI) reveal that builders’ merchants’ year-on-year value sales to builders and contractors were 14.5% higher in July 2021 than the same month last year, with two less trading days. Average daily sales in July climbed 25.5%.
Bostik, leading global adhesive specialist in construction, consumer and industrial markets, joins the Builders Merchant Building Index (BMBI) Expert Panel. Marketing Director Mathew Whitehouse speaks for the adhesives & sealant market.
Builders’ Merchants’ sales to builders and contractors in the first quarter of 2020 were knocked by the COVID-19 pandemic and Government measures to contain the virus, explain the BMBI.