Siddall & Hilton, presents its third UK Fencing Industry Insights Report. This report offers comprehensive analysis of the fencing industry’s market trends, economic indicators, and their impacts. Key findings include:

• October 2023 PMI signals challenges for the construction industry, with the second-lowest reading since May 2020.
• Steel, a dominant fencing raw material, faces price volatility due to factors like raw material costs, supply and demand dynamics, rising energy costs, trade policies, inventory destocking, and environmental regulations.
• Q3 2023 GDP remained static, with implications for the fencing market, particularly in real estate and transportation sectors.
• Monthly construction output decreased by 0.5% in August 2023, following a 0.4% decrease in July 2023.

The full report is available here.

 

UK Fencing Insights Report (281 downloads )