Press Release
88th EUROCONSTRUCT Conference
29th December, 2019
88th EUROCONSTRUCT Conference
29th December, 2019
In the period 2020 to 2022 all main construction sectors will face a decline in average annual growth. Civil engineering is
expected to grow by 2.2%, non-residential by 1.0% and residential construction by only 0.5%. From a regional perspective Ireland
shows the strongest cumulative growth 2019 to 2022 (+30.1%), followed by Hungary (+16.6%) and Poland (+15.4%).
The largest European construction markets face the least favourable development. The expansion of the construction market
in Germany is expected to stop after 2019 (+0.8%). A cumulated decline by slightly above 2% in the period 2020 to 2022 is
forecasted. Especially commercial investment, namely in the area of new commercial buildings and in the infrastructure
sector will be low. Also the French construction outlook is less favourable, even if the decline is expected to be weaker.
Even worse is the outlook for the Nordic countries, Finland and Sweden, where production levels are expected to fall in the
next three years (on average).
Date.UTC(2016,0,1) | 2.0 | 2.3 |
Date.UTC(2017,0,1) | 2.5 | 3.9 |
Date.UTC(2018,0,1) | 2.0 | 3.2 |
Date.UTC(2019,0,1) | 1.3 | 2.3 |
Date.UTC(2020,0,1) | 1.4 | 1.1 |
Date.UTC(2021,0,1) | 1.4 | 0.9 |
Date.UTC(2022,0,1) | 1.5 | 1.1 |
Date.UTC(2016,0,1) | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
Date.UTC(2017,0,1) | 103.3 | 101.7 | 105.7 | 102.1 | 103.9 | 102.2 | 113.7 | 100.5 | 104.0 | 105.7 | 109.0 | 105.2 | 107.4 | 101.2 | 106.1 | 103.6 | 103.4 | 126.9 | 109.2 | 103.8 | 109.5 | 103.9 |
Date.UTC(2018,0,1) | 107.1 | 104.5 | 110.3 | 105.3 | 107.4 | 104.0 | 127.5 | 102.3 | 111.0 | 104.6 | 116.9 | 112.0 | 106.5 | 102.9 | 106.4 | 106.4 | 110.6 | 152.1 | 124.6 | 112.1 | 123.5 | 107.2 |
Date.UTC(2019,0,1) | 109.9 | 107.4 | 112.0 | 103.0 | 109.6 | 104.8 | 140.9 | 105.0 | 115.0 | 109.5 | 122.6 | 117.1 | 106.2 | 103.6 | 107.2 | 108.4 | 114.2 | 172.4 | 134.7 | 112.3 | 132.5 | 109.7 |
Date.UTC(2020,0,1) | 111.3 | 111.6 | 113.5 | 102.7 | 110.0 | 104.1 | 149.8 | 107.2 | 115.6 | 111.8 | 127.0 | 120.8 | 104.2 | 103.2 | 108.7 | 109.5 | 116.1 | 181.6 | 140.4 | 113.5 | 137.3 | 110.9 |
Date.UTC(2021,0,1) | 112.8 | 115.4 | 114.9 | 99.2 | 109.2 | 103.3 | 161.3 | 109.0 | 117.1 | 113.7 | 130.8 | 123.2 | 103.7 | 103.5 | 111.4 | 110.4 | 118.1 | 187.0 | 141.3 | 115.6 | 139.1 | 111.9 |
Date.UTC(2022,0,1) | 114.4 | 116.7 | 116.2 | 98.5 | 110.8 | 102.6 | 165.9 | 110.7 | 120.2 | 117.6 | 134.3 | 124.0 | 106.7 | 103.7 | 113.6 | 111.6 | 121.0 | 177.4 | 143.9 | 115.1 | 140.2 | 113.1 |