In August the prices of building materials rose by 1.4% in Baku.
In August rose fittings (+ 4.1%), asbestos slate (+ 4.6%), metal roofing (+ 4.6%), metal ceramics (+ 4.1%), glass 4 mm (+ 2.3%) and emulsion (+ 1%). For the rest of the building materials prices remained unchanged.
In July, prices for construction materials rose by 1.4% in June - by 2.3%, in May - by 0.78% in April - 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, building materials fell significantly in November - by 8.6%. In October, the average price in Baku decreased by 0.5%, in September – by 0.027%, in August – by 1.75%, in July it increased by 0.32%, in June it decreased by 0.27%, in May it increased by 0.45%, and in April it decreased by 0.1%.
Experts point out that the practical stagnation of prices of most materials in the individual construction season proves the preservation of the crisis in the economy. As Turan previously noted, in the fall we should expect lower prices for construction materials in connection with the completion of the season, and mainly due to the fall in the purchasing power of the population.
Comparative prices of several construction materials for the last month are shown below:
Table 1: Retail prices of construction fittings in $ per ton
|
Profile |
01.08.16 |
01.09.16 |
difference |
Production |
|
8 |
720 |
750 |
+ 30.0 |
Local |
|
10 |
720 |
750 |
|
- |
|
12 -32 |
720 |
750 |
|
- |
|
14 –40 |
720 |
750 |
|
- |
Table 2: Prices of cube stones and facing stones (pieces and square meters)
|
Name |
01.08.16 |
01.09.16 |
difference |
|
Cube stone from Garadagh quarry |
0.40 |
0.40 |
0 |
|
Guzdek quarry |
0.35 |
0.35 |
0 |
|
Fireproof bricks |
1.80 |
1.80 |
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 |
01.08.16 |
01.09.16 |
difference |
Production |
|
Slate from asbestos |
Six kinds |
6.50 |
6.80 |
+ 0.30 |
Russia |
|
Iron |
1,7 square meters |
6.50 |
6.80 |
+0.30 |
Ukraine |
|
-- |
-- |
|
|
|
Kazakhstan |
|
-- |
2 square meters, straight |
8.0 |
8.30 |
+0.30 |
Ukraine |
|
|
|
|
|
|
Kazakhstan |
|
Roofing slate |
1square meter, brilliant |
7.20 |
7.50 |
+0.30 |
Finland |
|
|
1m2 |
|
|
|
Russia |
|
|
1m2, simple |
7.0 |
7.30 |
+ 0.30 |
Finland |
|
|
1m2 |
|
|
|
Local |
Table 4: Prices of glass (1 m2 in AZN)
|
Glass |
Thickness in mm |
01.08.16 |
01.09.16 |
difference |
Production |
|
Simple |
4 |
17.0 |
17.40 |
+0.40 |
Iran |
|
---- |
6 |
23.0 |
23.0 |
0 |
|
|
---- |
8 |
30.0 |
30.0 |
0 |
|
|
|
10 |
35.0 |
35.0 |
0 |
|
|
Dense, transparent |
4 |
16.0 |
16.0 |
0 |
|
|
Dense, brown |
4 |
18.0 |
18.0 |
0 |
|
|
Mirror |
4 |
23.0 |
23.50 |
+ 0.50 |
|
Table 5: Nails (kg in AZN)
|
Aim |
Size |
01.08.16 |
01.09.16 |
difference |
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 |
01.08.16 |
01.09.16 |
difference |
Production |
|
Pine |
3-10 |
280 |
280 |
0 |
Russia |
Table 7: Russian wooden covers (1 square meter in AZN)
|
Name |
Thickness |
Area |
01.08.16 |
01.09.16 |
difference |
|
Plywood |
6 |
2,25 |
|
|
|
|
-- |
8 |
2,25 |
|
|
|
|
-- |
10 |
2,25 |
|
|
|
|
-- |
12 |
2,25 |
|
|
|
|
-- |
15 |
2,25 |
|
|
|
|
-- |
18 |
2,25 |
|
|
|
|
AQL |
16 |
6,125 |
|
|
|
|
AQL simple |
16 |
6,125 |
|
|
|
|
ALL |
4 |
4,813 |
|
|
|
Table 8: Building cement (1 bag in AZN)
|
Trademark
|
Weight |
01.08.16 |
01.09.16 |
difference |
Production |
|
Optimal |
50 |
8.50 |
8.50 |
0 |
Holsim – Garadagh cement plant |
|
Special |
50 |
10.50 |
10.50 |
0 |
-- |
|
Simple |
50 |
12.50 |
12.50 |
0 |
Volgograd, Russia |
|
M400 |
50 |
14.50 |
14.50 |
0 |
-- |
|
|
|
16.50 |
16.50 |
0 |
|
|
|
|
19.50 |
19.50 |
0 |
|
|
|
|
57.0 |
57.0 |
0 |
|
|
|
|
|
|
|
|
|
|
|
8.0 |
8.0 |
0 |
|
Table 9: Sand and building gravel (a truck’s load in AZN)
|
|
Weight, tons |
01.08.16 |
01.09.16 |
difference |
|
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 |
01.08.16 |
01.09.16 |
difference |
Production |
|
Emulsion for internal decoration |
25 |
46.0 |
46.50 |
+0.50 |
Turkey |
|
Emulsion for façade |
25 |
46.0 |
46.50 |
+0.50 |
-- |
|
Brilliant paint |
20 |
67.0 |
67.0 |
0 |
-- |
|
Simple paint |
25 |
56.0 |
56.0 |
0 |
-- |
Table 11: Plasterboard (Alchipan) in AZN per piece
|
Kind |
Size |
01.08.16 |
01.09.16 |
difference |
Production |
|
For ceilings |
120/250 |
8.50 |
8.50 |
0 |
Turkey |
|
For partitions |
120/250 |
11.0 |
11.0 |
0 |
-- |
Table 12: Plastic pipes (1 meter in AZN)
|
Profile |
01.08.16 |
01.09.16 |
difference |
|
20 |
|
|
|
|
25 |
|
|
|
|
32 |
|
|
|
|
40 |
|
|
|
|
50 |
|
|
|
|
100x1 |
|
|
|
|
100x2 |
|
|
|
|
100x3 |
|
|
|
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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