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February 28, 2022Roofing Supplies Shortage in 2022: How Will it Affect You?
We've been hearing about the supply chain shortage for months, affecting the availability of everything from computer chips to dog food. But will the shortage jeopardize your home or commercial roofing repair or build? And why is there a shortage of roofing materials? Read more below!
In 2021 the roofing industry, like other industries requiring building materials, experienced some supply shortages that greatly affected and delayed business, and this year we will see more of the same.
Since roofs are crucial to protect our homes and commercial properties, we simply cannot afford to go without. The roofing supply shortage doesn't need to delay your big roof projects - plan ahead with our guide.
Why is there a roofing material shortage?
Before the pandemic, we took finding supplies for granted; with advancing technologies making supply chain management easier than ever, we find supplies more accessible to us over time. That is until a worldwide pandemic takes hold. When businesses shut down, that also meant lumber yards, steel factories, and other production lines that help roofers get the best roofing material available promptly.
Suppliers are temporarily closing due to COVID-19.
We're seeing a cycle of openings and closures in the supply chain leading to issues throughout 2021 that will continue well into 2022. Even a short pause has a cascading effect on the industry. Think of it as a stone tossed into a pond - even after it sinks, the ripples remain for some time. It will take suppliers some time to catch up on backorders even after they get back to full operations.
Fewer orders in 2021 caused manufacturers to scale back production.
In 2021 with the market uncertain, many Canadian roofers placed minimum orders for supplies - holding materials with shutdowns is costly for small businesses. Unfortunately, this exacerbated supply issues as with fewer orders, the manufacturers running at full capacity scaled back their off-season roofing materials production, leaving roofers with a shortage.
We want to keep you up-to-date on the roofing supply in Hamilton and help you understand what you can expect over the next 6-12 months.
What roofing items are most affected by the shortage?
Here are a few of the categories most affected by the shortage:
- Plates
- Adhesives
- Fasteners
- Ethylene Propylene Diene Monomer (EPDM)
- Thermoplastic Polyolefin (TPO)
- Labor shortages
- Roof shingles
How Does This Affect Homeowners?
Timelines
Since some supplies are in short demand, you'll want to get roofing materials ordered ahead of time to avoid unnecessary delays. We've got plenty of roofing materials in Hamilton and are happy to work with you to avoid holds on your roofing project that can be as long as 6 to 8 weeks.
Material Color Options
Some roofing color and shingle options may be available in small quantities than usual. With manufacturers producing fewer lines, they tend to stick to those with the highest sales volume - low-volume options and special orders may take a little longer to get in 2022.
If you're absolutely sold on a rarer roof color, you can still make it happen - order early or be more flexible with the shingle brand you choose, and you'll open up your options significantly.
Costs
Will roofing costs go down in 2022?
The Canadian nationwide inflation of goods rose by 4.4% in 2021, reaching an 18-year high in November.
Roofing material costs rose along with the rest of the nation, and inflation is likely to maintain sustained elevation over the next year. As a result, the material costs alone to replace your roof have increased significantly over the past 2 years. Don't worry - we have plenty of price-sensitive solutions to help keep your roof replacement budget from spiraling out of control.
Pro Tip: If you think your roof may need replacing soon, contact your Hamilton roofing contractor ASAP to miss the supplier price hikes coming in the next year. Keep in mind that the cost of your shingles is based on the delivery date, not the order date.
How can I keep costs down in a roofing supply shortage?
What about the roofing supply near me?
Roofing materials in Hamilton and Burlington are widely available, though some brands and color choices may be on backorder through the busier seasons of the year.
Here's how to minimize the shortage's effects on you:
- Book your roof inspection. The sooner you can get a professional in to assess if your roof needs replacing or repair, the faster you can get your order in to minimize your costs.
- Budget ahead of time. Start a separate savings account for your roofing fund and save up some cash, so you're prepared to pay for your expenses without going into debt.
- Look into insurance options. Your roof repairs or replacement may be covered under your home insurance or shingle warranty. Look into your options thoroughly before you commit to paying for a roof, and you can potentially save thousands of dollars.
- Order ahead of time. Since supplies of specific colors are low, you may face long wait times for rare colors. Order your shingles well ahead of time, so they're ready for you when you need to start your roofing project.
Keep your home and family protected by going to the experts who can walk you through your options and find the best roofing options for you.
Need your roof replaced? We're a full-service roofing company in Hamilton, Burlington, and the surrounding area with over 20 years of experience. Contact us here or call (905) 544-4667 to receive your free roofing quote!