According to Stats SA recent release, the Construction Labour force ended marginally lower in the 1st quarter of 2022, compared to the same period in 2021. This affected around 6 000 job opportunities, with strong movements between provinces. Limpopo showed the strongest recovery since the 1st quarter of 2021, followed by Kwazulu Natal. Both Gauteng…
Liquidations in the construction sector was at the highest monthly level in April 2022 since September 2018, with a total of 13 liquidations recorded for the month. The construction sector is bearing the brunt of lack of infrastructure spending and weak investor demand as liquidations increased by 44 percent y-y in the first four months…
The Estimated Tender Value index continued to decline and fell for the 3rd consecutive month in April 2022, down 5 percent to 158.1, following the 7 percent and 1 percent decline in the previous two months. In real terms civil tender values fell by 12 percent y-y during the first four months of 2022 compared…
Retail trade sales of hardware, paint and glass fell by 6 percent m-m (constant prices) in March and was down by 12.4 percent on a year on year basis. Overall it was a weaker first quarter down 10 percent y-y to R22.1bn. Trade sales in the construction market underperformed the overall market, as total retail…
The Estimated Tender Value index moderated in February to 153.9, down 7.1 percent m-m, although levels remain well above the same time last year, up by 28 percent. Overall there was no change in the nominal value of civil tenders released during the 1st quarter of 2022 compared to the same period in 2021, but…
Manufacturing Production (seasonally adjusted index 2015=100) fell by 1.1 percent m-m in February 2022 following a 0.8 percent drop in January. Manufacturing of sawmilling and planing wood decreased by 1.1 percent, basic iron and steel products increased by 0.7 percent while production of glass and non-metallic products rebound with a 7 percent m-m increase.
According to Stats SA, materials used in the South African construction sector increased by 13.2 percent y-y in February 2022, from an annual increase of 14.5 percent in January. Several materials recorded double digit increases including paint, pipes, tubes and fittings, vinyl sheeting, bituminous mixtures, and steel.
Cement volumes imported slowed in February by 24 percent to just over 68 000 tons, mainly from Vietnam. Imports in February were also lower by 19 percent y-y compared to the same month in 2021.
Turnover in the construction sector contracted by 12.2 percent y-y (nominal terms) in the 4th quarter of 2021 to R74.5bn. Overall turnover for 2021 increased by 5 percent y-y to R317bn compared to 2020. This is still lower by 10 percent when compared to pre-Covid levels in 2019. A full review by firm size (large,…
Construction employment (including the formal and informal markets) fell by 2.1 percent q-q in 2021Q4, with a 5.6 percent drop in the formal sector and a 4.0 percent increase in the informal construction sector. Source Stats SA Labour Force Survey. Latest statistics are available for download to subscribers.
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
