In May, prices for construction materials rose by 0.78%.
This was due to higher prices for construction bars of all profiles by 1.5% from 640 to 650 AZN. The prices of other materials remained unchanged.
In April, prices rose by 4.3% and in March - by 2%. In February, prices decreased by 8.5%. In January, they were stable. In December, prices rose by 19.2%. It was the most noticeable jump in prices for 2015. Before that, even building materials fell significantly in November - by 8.6%. In October, the average price decreased by 0.5% in Baku the changes were observed as follows: September (- 0.027%), August (-1.75%), July (+ 0.32%), June (-0.27%), May (+ 0.45%), and April (- 0.1%).
Experts note that the stagnation of prices in the individual construction season does not promise anything good. In summer you can expect a slight revival of the construction, repair, and as a result prices increase. By the fall the construction usually freezes, and therefore, we should expect a decrease in prices for construction materials in the conditions of general economic crisis.
Comparative prices of several construction materials for the last month:
Table 1: Retail prices of construction fittings in $ per ton
|
Profile |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
8 |
770 |
640 |
650 |
+10.0 %1.5 |
|
10 |
750 |
640 |
650 |
+10.0 |
|
12 -32 |
740 |
640 |
650 |
+10.0 |
|
14 –40 |
- |
640 |
650 |
+10.0 |
Table 2: Prices of cube stones and facing stones (pieces and square meters)
|
Name |
01.05.16 |
01.06.16 |
Proportion in % |
|
Cube stone from Garadagh quarry |
0.40 |
0.40 |
0 |
|
Guzdek quarry |
0.35 |
0.35 |
0 |
|
Fireproof bricks |
1.60 |
1.60 |
0 |
|
Common bricks |
0.30 |
0.30 |
0 |
|
10 |
0.30 |
0.30 |
0 |
|
12 |
0.30 |
0.30 |
0 |
|
Imported facing stones in square meters |
|
|
|
|
Local facing stones |
|
|
|
Тable 3: Slate and roofing slate (in AZN)
|
Name |
Size |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
Slate from asbestos |
Six kinds |
6.0 |
6.0 |
0 |
Russia |
|
Iron |
1,7 square meters |
6.0 |
6.0 |
0 |
Ukraine |
|
-- |
-- |
|
|
|
Kazakhstan |
|
-- |
2 square meters, straight |
7.50 |
7.50 |
0 |
Ukraine |
|
|
|
|
|
|
Kazakhstan |
|
Roofing slate |
1square meter, brilliant |
6.50 |
6.50 |
0 |
Finland |
|
|
1m2 |
|
|
|
Russia |
|
|
1m2, simple |
6.70 |
6.70 |
0 |
Finland |
|
|
1m2 |
|
|
|
Local |
Table 4: Prices of glass (1 m2 in AZN)
|
Glass |
Thickness in mm |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
Simple |
4 |
16.0 |
16.0 |
0 |
Iran |
|
---- |
6 |
21.0 |
21.0 |
0 |
|
|
---- |
8 |
29.0 |
29.0 |
0 |
|
|
|
10 |
33.0 |
33.0 |
0 |
|
|
Dense, transparent |
4 |
15.0 |
15.0 |
0 |
|
|
Dense, brown |
4 |
16.0 |
16.0 |
0 |
|
|
Mirror |
4 |
22.0 |
22.0 |
0 |
|
Table 5: Nails (kg in AZN)
|
Aim |
Size |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
For slate |
120 |
1.40 |
1.40 |
0 |
Russia |
|
For iron |
100 |
2.0 |
2.0 |
0 |
-- |
|
For concrete |
Simple |
3.0 |
3.0 |
0 |
-- |
|
Economic |
60-80 |
1.20 |
1.20 |
0 |
-- |
|
-- |
150 |
1.20 |
1.20 |
0 |
-- |
Table 6: Bars (cubic meters in AZN)
|
Name |
Size |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
Pine |
3-10 |
250 |
260 |
+10.0 %4 |
Russia |
Table 7: Russian wooden covers (1 square meter in AZN)
|
Name |
Thickness |
Area |
01.05.16 |
01.06.16 |
Proportion % |
|
Plywood |
6 |
2,25 |
8.50 |
8.50 |
0 |
|
-- |
8 |
2,25 |
10.50 |
10.50 |
0 |
|
-- |
10 |
2,25 |
12.50 |
12.50 |
0 |
|
-- |
12 |
2,25 |
14.50 |
14.50 |
0 |
|
-- |
15 |
2,25 |
16.50 |
16.50 |
0 |
|
-- |
18 |
2,25 |
19.50 |
19.50 |
0 |
|
AQL |
16 |
6,125 |
57.0 |
57.0 |
0 |
|
AQL simple |
16 |
6,125 |
|
|
|
|
ALL |
4 |
4,813 |
8.0 |
8.0 |
0 |
Table 8: Building cement (1 bag in AZN)
|
Trademark
|
Weight |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
Optimal |
50 |
5.50 |
5.50 |
0 |
Holsim – Garadagh cement plant |
|
Special |
50 |
5.50 |
5.50 |
0 |
-- |
|
Simple |
50 |
5.50 |
5.50 |
0 |
Volgograd, Russia |
|
M400 |
50 |
5.50 |
5.50 |
0 |
-- |
Table 9: Sand and building gravel (a truck’s load in AZN)
|
|
Weight, tons |
01.05.16 |
01.06.16 |
Proportion % |
|
Baku (Shikhlar) |
12 |
200 |
200 |
0 |
|
Shurabad |
12 |
200 |
200 |
0 |
|
Mingachevir |
12 |
330 |
330 |
0 |
|
Gravel |
12 |
320 |
320 |
0 |
Table 10: Emulsion and paints for building
|
Kind |
Net weight, kg |
01.05.16 |
01.06.16 |
Proportion in % |
Production |
|
Emulsion for internal decoration |
25 |
45.0 |
45.0 |
0 |
Turkey |
|
Emulsion for façade |
25 |
45.0 |
45.0 |
0 |
-- |
|
Brilliant paint |
20 |
65.0 |
65.0 |
0 |
-- |
|
Simple paint |
25 |
55.0 |
55.0 |
0 |
-- |
Table 11: Plasterboard (Alchipan) in AZN per piece
|
Kind |
Size |
01.05.16 |
01.06.16 |
Proportion % |
Production |
|
For ceilings |
120/250 |
10.0 |
10.0 |
0 |
Turkey |
|
For partitions |
120/250 |
11.0 |
11.0 |
0 |
-- |
Table 12: Plastic pipes (1 meter in AZN)
|
Profile |
01.05.16 |
01.06.16 |
Proportion in %
|
|
20 |
0.50 |
0.50 |
0 |
|
25 |
0.80 |
0.80 |
0 |
|
32 |
1.10 |
1.10 |
0 |
|
40 |
3.0 |
3.0 |
0 |
|
50 |
3.60 |
3.60 |
0 |
|
100x1 |
3.50 |
3.50 |
0 |
|
100x2 |
6.50 |
6.50 |
0 |
|
100x3 |
8.0 |
8.0 |
0 |
|
|
2562.25 |
2582.25 |
+20.0 % 0.78 |
Markets Review
-
The construction materials market in Baku in November exhibited modest but varied shifts in pricing, influenced by local production, imports, and fluctuating supply chain conditions. While many categories remained stable, certain materials saw notable price adjustments, reflecting broader economic trends.
-
In November 2024, the average price of a consumer basket (CB) for 30 basic domestically produced food items compiled by the Turan agency in Baku rose by 0.6%.
-
In November 2024, the lending situation changed in two Azerbaijani banks. These banks revised the interest rates for both consumer and business loans offered in Azerbaijani manats.
-
In November 2024, the situation regarding deposit acceptance in seven Azerbaijani banks changed. These banks revised their interest rates for deposits made in Azerbaijani manats, US dollars, and euros. For example, the annual interest rate for deposits in the national currency (Azerbaijani manat) for a one-year term is as follows: Accessbank: 9-11% to 8.5-11% ; International Bank of Azerbaijan: 10-11% to 10.5-11.5%; Azer-Türk Bank: 5-5.5% to 8-8.5%; Bank of Baku: 10.5-11% to 12%; Kapitalbank: 9-10% to 10-11%; Rabitabank: 7.5-11% to 7.5-11.5% ; Ziraatbank Azerbaijan: 7.5-8.5% to 8-9%.
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