Georgia’s construction and renovation materials market is expecting a price increase in the coming months. According to the hypermarket chain “Gorgia,” global trends are driving costs upward, and prices for many products may rise by 10–20% within the next three months. The company says the primary reasons are higher fuel prices, increased logistics costs, and production disruptions in supplier countries.
Rising oil prices have directly increased manufacturing and transportation expenses, pushing up the cost of imported materials. Tile prices are already growing: Turkey has raised prices by around 20%, India faced a gas supply shortage that halted tile production for two months and later increased prices by 15–20%, while Iran only recently resumed shipments after supply difficulties. These factors have created overall upward pressure across the construction-materials market.
Additional price hikes are expected beginning in May for products heavily dependent on oil-based raw materials, such as laminate flooring. Suppliers from Turkey and China have already announced 10–18% increases, driven by more expensive raw materials and higher transport costs. “Gorgia” says that unless global conditions improve, the Georgian market will continue to feel these cost adjustments.
Household appliances and furniture have not yet experienced sharp increases, which the company attributes to earlier stockpiling at older, lower prices. However, if global supply and price pressures persist, these categories may also be affected later.
