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94th Euroconstruct Conference: European Construction Market Outlook until 2025 – Nearly all factors negative as European construction looks set to stagnate. Country Reports

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  • Euroconstruct

    (Euroconstruct)

Abstract

The Autumn or Winter update on the development of European construction markets, presented at the 94th Euroconstruct conference organised by Experian and Barbour ABI in London on 18 November 2022, shows a flattening of construction markets in 2023 and 2024. The European construction industry is facing headwinds from various directions (like less favourable financing conditions, and high construction costs in combination with a general economic slowdown). Euroconstruct forecasts an average real growth in output of 0.3 percent in 2023 compared to the previous year. Overall, construction volume is forecasted to reach 1,902 billion € in the Euroconstruct area in 2023. The Euroconstruct Country Report provides detailed information about the construction market trends and its fundamentals in each of the 19 Euroconstruct member countries until 2025. The forecasts and analyses are presented at the country level and are based on a comparable harmonised dataset for the major construction sectors and indicators. The macroeconomic framework conditions are included additionally. With contributions by Anne-Sophie Alsif, Anders Bjerre, Anna Brinkhagen, Mohammed Chaudhri, Antonio Coimbra, Ludwig Dorffmeister, Thomas Endhoven, Josep Ramon Fontana, David Frič, János Gáspár, Roch-Eloi Grivet, Paul Groot, Annette Hughes, Michael Klien, Radovan Kostelník, Nathalie Kouassi, Vladimir Lenko, Jean-Pierre Liebaert, Patric Lindqvist, Nejra Macic, Simon Mahoney, Pascal Marlier, Sem van Meurs, Antonio Mura, Markku Riihimäki, Stefanie Siegrist, Mariusz Sochacki, Antonella Stemperini, Marte Herje Strømme, Mercedes Tascedda, Ludvig Uggla and Michael Weingärtler.

Suggested Citation

  • Euroconstruct, 2022. "94th Euroconstruct Conference: European Construction Market Outlook until 2025 – Nearly all factors negative as European construction looks set to stagnate. Country Reports," WIFO Studies, WIFO, number 70449, February.
    • Handle: RePEc:wfo:wstudy:70449
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