03 Aug 2020
Sales of heavy-side building materials slumped in second quarter as the economy and construction slowed
The latest statistics released by the Mineral Products Association (MPA) show that sales of heavy-side building materials, including aggregates, ready-mixed concrete (RMC), asphalt and mortar saw unprecedented declines during the second quarter of the year. Aggregates sales volumes were 38% lower, RMC 39% and asphalt 28% on a quarterly basis. The swift closure of housebuilding sites as the lockdown was announced in March resulted in the mortar market suffering an even sharper fall in demand, with sales volumes down by 61% over the quarter. Overall, the impact of the Covid-19 lockdown has been worse than the financial crash between 2007 and 2009.