Roofing Material Shortages, Price Increases to Continue

Roofing Material Shortages, Price Increases to Continue

Covid-19

Since the beginning of the Covid-19 pandemic the roofing industry across Canada has been dealing with roofing material shortages. These roofing materials, critical to daily production, are still being delayed by economic shutdowns. As our world becomes more connected through global supply chains, we as Canadians have become more vulnerable too shocks and bottlenecks in those chains. 


Economic Shutdowns

Sudden shocks to global supply lines, like the covid-19 pandemic and the following economic shutdowns, can and have dramatically affected the availability and price of roofing materials across Canada. Since 2019, Covid-19 has been the cause of personal loss, economic turmoil and frustration across the country. Almost weekly here at AllPro Roofing Inc, we receive price increases and notices of material unavailability. It is not only the roofing industry facing these challenges, for example the price of lumber shot up from under $500 per thousand board feet to over $1600 in just 8 months! Shipping containers from North America to China are up over 3 fold since October 2020. You can read more about why shipping containers have skyrocketed in price by following this link.  Shipping Container Prices – Wall Street Journal

Economic shutdowns due to Covid-19 are causing supply bottlenecks and large disruptions to manufacturing and logistics around the world. In the roofing industry for example, resin used in manufacturing vinyl siding comes from 3 major plants in the United States, and even before the covid lockdowns, 2 of the 3 plants were shut down due to extreme weather. Fortunately AllPro Roofing Inc offers a variety of different siding materials and styles. You can learn more about the siding we offer by jumping over to our siding page HERE.


Shocks to Global Supply Lines

Roofing nails are another roofing material affected by a shock to the global supply chain. Canada’s roofing nails are produced at a single plant in China, which went into lockdown due to Covid-19. Unfortunately, after lockdowns were lifted, the first ship carrying the much needed roofing nails became stuck behind the infamous Evergreen Cargo ship. They were stuck in the Suez Canal for 6 days! Clearly, these shutdowns have lasting effects that are felt for months after the initial shock. 

 

roofing material stuck in suez canal

                     Evergreen Ship blocking Suez Canal, 2021


Thank you for your patience

At AllPro Roofing we truly appreciate our clients remaining patient while we navigate these unfortunate material shortages. Sadly, our suppliers have informed us that the worst may still be to come. We ask that all our clients remain patient and trust that we are doing everything we can to ensure their job is completed as soon as possible.

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