Azerbaijan, Baku, Oct.16 / Trend, A.Akhundov /
In September, prices for construction materials in Baku decreased by 0.69 percent compared to August, the NGO Property Market Participants said.
According to the report, continuation of construction works in the private sector and within government programs, as well as restoration of infrastructure in the country's regions served to increase activity in the market.
Experts of the organization researched 38 items on 88 varieties of building materials. Some 54.55 percent of goods were produced in the local market, and 45.45 percent were imported.
In September construction materials rose in price by four percent compared to early third quarter, compared to January - by 20.5 percent. Eighteen percent increase in prices was observed compared to the same period of last year.
"Although volume of timber imported from Russia rose in prices in September and exceeded demand, there was a shortage of imported dict. In addition, shortage of metal products was observed. Entrepreneurs account it for the fact that Russian and Ukrainian manufacturers interested in exporting their products to Europe" the report says.
The following construction materials fell in prices (in percentage) in September:
|
Sand |
-9,52% |
Timber |
-11,11% |
|
Crushed stone |
-16,67% |
Iron pipes (seamless) |
-2,68% |
Prices reduced for the following construction materials:
|
Chipboard |
+4,55% |
iron sheet |
+2,44% |
|
Square |
+5,88% |
Isolation |
+7,14% |
|
Bitumen |
+12,50% |
Glass wool |
+15,79% |