“Price growth for many building materials has stabilized compared to the beginning of the year. Meanwhile, prices for boards and plywood increased slightly. Over the past year and a half, prices for building materials have more than doubled,” Osmanli said.
“The price for a cube of wood is 470 manat ($276.4). Prices for plywood increased by two manat ($1.18) due to events in Ukraine, since it’s mainly imported from this country,” he noted.
The expert also noted that with the beginning of the construction season, the cost of a cube of timber may increase by 20 manat ($11.8) or 25 manat ($14.7) due to wildfires in Ukraine and Russia.
“This leads to a decrease in timber imports to our country and to growth of the prices,” added Osmanli.
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