Kitchens & Bathrooms News Column – Subdued start for Kitchen & Bathroom sales
At the time of gathering the data for this report, our sector had yet to experience the more widespread scale and impact of the Covid-19 crisis. Nevertheless, it’s been a slow start for Kitchen & Bathroom sales.
Year-on-year
Total Builders’ Merchant value sales in January 2020 were down -2.6% compared to January 2019. Seven categories sold less, with Timber & Joinery Products (-7.0%) weakest, followed by Tools (-6.1%) which had its lowest average sales a day since BMBI data was first recorded in July 2014.
Five categories sold more over the period, with Renewables & Water Saving (+13.4%) and Workwear & Safetywear (+7.3%) doing particularly well. Kitchen & Bathroom sales grew marginally (+0.9%).
Month-on-month
Sales between January and December are always affected by a significant difference in the number of trading days (22 in January 2020 and 15 in December 2019). As a result, total January sales were up +34.4%. However average sales a day (adjusted) provides a more meaningful comparison, with January down -8.4% compared to December. Like-for-like, Kitchen & Bathroom sales were down -14.0%.
Other periods
Sales in the 12 months February 2019 to January 2020 were down -0.5% on the same period a year earlier, with one less trading day. Four categories sold less: Tools (-6.7%), Timber & Joinery Products (-2.0%), Plumbing Heating & Electrical (-0.8%) and Heavy Building Materials (-0.7%). The eight categories selling more over this period included Landscaping (+2.9%), Workwear & Safetywear (+2.5%) and Kitchens & Bathrooms (+1.8%).
Index
January’s BMBI index was 105.3, with one additional trading day. Nine categories exceeded 100, with seasonal category Plumbing, Heating & Electrical (128.9) doing best. The index for Kitchens & Bathrooms stood at 111.4.