By 2020, the global average price of asphalt is expected to rise by more than $10,000, according to the United Nations.
The average cost of a single driveway in the UK is expected by 2020 to be $3,500.
The price of paving asphalt for buildings has risen by about 20 per cent over the same period.
But the world is getting more expensive.
In 2019, the average price per cubic metre of asphalt was $2,500, according the Institute of Transport Economics and Technology in Singapore.
A year later, the figure was $3.10.
The UK is a particularly high-priced country for paving asphalt.
The cost of paving concrete has risen more than 40 per cent in the past decade.
The global average cost per cubic meter of asphalt has risen about 30 per cent since the mid-1980s, according an OECD study.