The Total value sales data from Britain’s Builders’ Merchants shows Q2 2022 recorded the highest revenue since the BMBI started, despite lacklustre June sales. However, with Q2 volumes falling -11.3% compared with Q2 2021, it is +17.3% price inflation which is behind the record-breaking growth.
Quarter 2 2022 total value sales were 4.0% higher than Q2 2021, with one less trading day this year. Ten of the 12 categories sold more with Kitchens & Bathrooms (+18.5%), Heavy Building Materials (+9.2%), Decorating (+7.0%), Tools (+2.9%) and Ironmongery (+1.3%) all having their best-ever quarterly sales. Only Timber & Joinery Products (-3.0%) and Landscaping (-6.3%) sold less.
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Comparing Q2 2022 with Q2 2019, a more normal pre-Covid trading year, total value sales were +25.2% higher this year, but volume sales were -2.7% down while prices were up +28.7%. Despite one less trading day, like-for-like sales were +27.3% higher.
All categories sold more, including Landscaping (+38.9%), Timber & Joinery Products (+37.0%) and Renewables & Water Saving (+29.6%) which all outperformed Merchants overall. Heavy Building Materials (+22.1%) and Kitchens & Bathrooms (+20.3%) grew more slowly.
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