The last couple of years have been a particularly turbulent and uncertain period of time for so many industries for reasons we all know too well, but not least of all for the construction industry.

Particularly this year, though, we’re seeing construction prices and the cost of construction materials rise exponentially - both for domestic and industrial markets - largely thanks to the fact that, as production of materials slowed during 2020 and uncertainties & complexities surrounding Brexit made the importation of cornerstone materials difficult, if not near-impossible at times, there is still a shortage which the construction industry is struggling to recover from, not to mention the current situation experienced in Europe, of course.

What’s more, prices are volatile - often moving up and down - which is making it increasingly difficult to budget accurately, especially in the short term.

However, within the next couple of years, there is a feeling that prices will stabilise and reach a more sustainable rate, meaning that - although the industry is experiencing difficulty right now which is inevitably having a knock-on, longer term effect on the industry as a whole - delaying the completion of large scale industrial and renewable energy projects - we should see a return to a degree of normalcy by 2024.