Builders’ merchant sales power ahead in November
The latest Builders Merchant Building Index (BMBI) report reveals that builders’ merchants’ value sales in November 2021 were 17.4% up on the same month in 2020, with record-breaking and year-best performances recorded across a number of categories.
Timber & Joinery Products (+30.2%) recorded its 15th consecutive month of year-on-year growth. Renewables & Water Saving (+18.0%) and Landscaping (+17.1%) also put in a strong performance, and Services (+17.1%) had its best-ever monthly sales since the BMBI started in July 2014. Kitchens & Bathrooms (14.5%) had its highest-ever monthly BMBI turnover. Plumbing, Heating & Electrical (13.8%) had its best month of 2021, and Heavy Building Materials, the largest category, also performed strongly (+13.5%).
Like-for-like sales, which take trading day differences into account, were up 12.1% year-on-year.
Compared to November 2019, a pre-pandemic year, total merchant value sales were up 28.0% in November 2021, with one more trading day in 2021. Eleven of the 12 categories sold more with Landscaping (+51.4%) and Timber & Joinery Products (+51.3%) still leading the pack.