Demand for Building Materials in Russia Increased by 2.5 Times in Early March
From March 1 to March 10, 2022, the volume of sales of goods for construction, repair and household grew by 148% compared to the same period last year, and the average check grew by 81% and reached 12,378 rubles, the study notes.
Analysts considered that the average check increased due to a larger volume of purchases per visit. At the same time, in the online segment, sales growth amounted to 192%, and the number of online orders increased by 35% of the total volume of purchases.
Experts shared that the growth in sales is associated with the repair work of the Russians, who moved to new buildings. You can also add remote work here, thanks to which there was an additional incentive for arranging summer cottages, since this year spring came earlier than usual and the demand for gardening tools increased.
Among the popular construction products among Russians were dry mixes, products for painting and cosmetic work, as well as power tools.
On March 11, a resolution was published on the Federal Portal of Draft Regulatory Legal Acts, according to which the Ministry of Industry and Trade can conclude agreements with manufacturers of building materials, as well as with metallurgists, in order to stabilize prices for certain of their products.