Changing building materials markets: How data-based analyses ensure project success

In the construction industry, material prices often determine the economic success of a project. The strong dependence on regional raw materials markets, geopolitical influences and seasonal fluctuations makes reliable planning difficult. At the same time, the requirements for transparency, technical comparability and sustainability of building materials are increasing. If you want to react in good time, you need structured information on prices, material properties and market developments. The Construction Materials Data from costdata® offers a precise, region-specific database for this purpose.

Recognize regional price differences - compare worldwide

The price development of building materials such as cement, steel, wood or bitumen is closely linked to regional markets. Many materials are listed on stock exchanges or are subject to local availability. The costdata® database comprises over 1,400 standardized entries, which are assigned geographically - based on the commodity exchanges or markets of origin. This allows not only global price trends to be analyzed, but also regional differences in building material prices to be made visible.

Especially in the early planning phases, this can be crucial for minimizing budget risks and making tenders realistic. Continuous updating makes it possible to recognize price movements at an early stage and react quickly to volatile markets.

Targeted evaluation of technical properties

In addition to the price dimension, the technical requirements for building materials also play a key role. Depending on the construction project, materials must fulfill certain properties - for example, in terms of compressive strength, weight, corrosion behavior or environmental compatibility. The Construction Product Data from costdata® provides structured information on this, which is specifically linked to price data. This makes it possible to select materials not only according to price, but also according to suitability and quality - an important basis for sustainable and economical construction projects.

The database also provides real added value in the material substitution phase - for example in the event of supply bottlenecks or in CO₂-optimized planning - through comparability and technical classification.

Linking procurement strategies with market trends

A growing field of application for data is in strategic procurement. By linking price trends, availability information and product data, supplier offers can be realistically evaluated and project-related procurement decisions can be secured on the basis of data. Benchmarks between regions or building material categories are also possible - especially for companies with international or interregional construction projects.

Commodity market intelligence is thus becoming an integral part of modern construction site planning. After all, continuous market observation is a decisive competitive advantage, especially in volatile commodity markets.

Conclusion: Building material data that creates real planning security

Whether for tenders, material comparisons or cost calculations - the Construction Materials Commodity Prices Data from costdata® combine market transparency with technical depth. They enable well-founded decisions along the entire project chain - from conception to procurement. Regional differentiation, technical classification and continuous data maintenance create a precise basis for decision-making for planners, purchasers and project managers.

➡️ Find out more now and request a free sample data set.

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