The BMF are pleased to announce our fifth release of the Builders Merchants Industry Forecast report covering the period 2020 - 2021. The Autumn 2020 edition provides a comprehensive analysis and forecasts of the UK builders’ merchant sector. The report includes key statistics, as well as the general economic performance and outlook, with commentary on inflation, wage growth, the labour market and economic growth. Detailed information includes a valuation of the merchant share of both the UK Building Materials Market and the Plumbing and Heating Market 2019. The BMF has also worked alongside the Department for Business, Energy and Industrial Strategy to develop a forecast for the remainder of the year using data from national merchants and large independents, as well as buying groups and housebuilders.
Considering the tight schedule of the meeting, we anticipate some summary data of the economic situation of our country, which is affected, as in the rest of the world, by the Covid-19 emergency, which, as is known, has had a devastating impact on economy and social relations, without considering the hundreds of thousands of deaths to whom we address a moving and respectful memory. To remain in the areas that are proper to us, the Italian Statistical Institute (Istat) informs that the loss of production in 2020 will amount to 9%, a marked improvement compared to the forecasts of March/April. Employees are down by 420,000. As regards our sector in particular, we can breathe a sigh of relief, as production is recovering and has even exceeded the pre-Covid-19 level, so the annual budget, despite its negativity, records a much lower fall than the general figure. It is estimated that the value of production in the year 2020 of the distribution sector will close with a -2 / -3%. This is mainly due to the effectiveness of government measures that have encouraged renovation and improvement of the energy class of buildings. As for the remaining program on the agenda, we share the results of the activity carried out and we hope that Ufemat can play a more incisive role on issues relating to the relaunch of the European economy and make proposals on the management of resources for technological innovation, digitization, research and environmental sustainability.
NEXT UFEMAT CONGRESS
28 - 30 April 2022 in London Due to the coronavirus situation, the yearly Ufemat congress has been postponed. Read more (The congress was initially planned to be held from 15 - 17 October 2020)