Key Market Indicators
Hungarian civil engineering revenue is projected to reach €7 billion by 2028, up from €6.8 billion in 2023, marking an average annual growth rate of 0.4%. Since 2010, the Hungarian market has experienced a yearly growth rate of 2.8%. In 2023, Hungary ranked 13th in civil engineering revenue, with Sweden overtaking it at €6.8 billion. The United Kingdom, France, and Spain secured the second, third, and fourth positions, respectively. On the production front, Hungary's civil engineering output is expected to hit €6 billion by 2028, rising from €5.4 billion in 2023. This represents an average annual growth rate of 1.9%. Since 2010, the country's supply has surged by 4.9% annually. In 2023, Hungary ranked 18th in civil engineering production, with Bulgaria surpassing it at €5.4 billion. Germany, France, and Spain occupied the second, third, and fourth spots in this ranking, respectively.
