The price of bricks jumps by 20% - Immo

The price of bricks jumps by 20% – Immo

Several brick producers have suddenly raised their prices by 20% in recent weeks, in the face of rising energy costs, De Tijd announced on its website on Tuesday.

This is the case of the Limburg group Vandersanden which announced at the end of August to its customers a 20% increase from 1 September. “We don’t know how to pass on all the cost increases, but we need a minimum margin to keep the plant running”explains CEO Rudi Peeters.

Same story with competitor Wienerberger: after an initial price increase of 6% on May 1, the producer will apply a new increase from January 1, 2023. This will reach on average 22% for facing bricks, building blocks and other clay pavers. For tiles, the increase will be 20%. The company says it faces soaring energy prices, rising labor costs and suppliers who are also raising their prices.

“We were able to absorb some of the price increases but in the long term, it is unsustainable”, justifies the commercial director, Katrien Nottebaert. These announcements are not likely to reassure the construction sector, which had already faced a surge in the price of building materials in the wake of the post-Covid recovery and then the war in Ukraine.

This is the case of the Limburg group Vandersanden which announced at the end of August to its customers a 20% increase from September 1st. “We don’t know how to pass on all the cost increases, but we need a minimum margin to keep the plant running,” explains CEO Rudi Peeters. Same story with competitor Wienerberger: after an initial price increase of 6% on May 1, the producer will apply a new increase from January 1, 2023. This will reach an average of 22% for facade bricks, building blocks and other clay pavers. For tiles, the increase will be 20%. The company says it faces soaring energy prices, rising labor costs and suppliers who are also raising their prices. “We were able to absorb some of the price increases but in the long term, it’s untenable”, justifies the commercial director, Katrien Nottebaert. These announcements are not likely to reassure the construction sector, which had already faced a surge in the price of building materials in the wake of the post-Covid recovery and then the war in Ukraine.

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