Key Market Indicators
Estonian Civil Engineering Revenue is projected to hit €1.7 billion by 2028, up from €1.5 billion in 2023, marking a 2.1% year-on-year compound annual growth rate (CAGR). Since 2010, the Estonian market has seen a 3.6% annual increase. In 2023, Estonia ranked 27th, with Latvia surpassing it at €1.5 billion. Leading the ranking were the United Kingdom, followed by France and Spain. On the production side, Estonian Civil Engineering output is expected to reach €1.2 billion by 2028, an increase from €1 billion in 2023, growing at a 2% annual CAGR. Since 2010, Estonian supply has risen by 2.6% each year. In 2023, Estonia held the 28th spot, with Slovenia ahead at €1 billion. Germany, France, and Spain ranked second, third, and fourth, respectively.
