In 2023, France led the European turnover for construction of roads and railways with 20.52 million euros, followed by Germany at 15.65 million euros. Poland, the UK, and Italy follow with 8.07, 6.62, and 6.12 million euros respectively. Notably, Romania saw a significant 13.14% increase, while Portugal faced a sharp decline of 27.91%. Malta experienced the highest growth at 15.49%. Other regions like Spain and Belgium faced negative growth rates. Overall, growth varied, with Nordic and Eastern European countries demonstrating moderate to high annual increases.
Future trends to monitor in the European construction market include the impact of green infrastructure initiatives, shifts in government spending on public utilities, and regional development disparities. Emphasis on sustainability and digitalization may reshape investment focuses and strategies within the sector.
Top countries in Turnover of Construction of Roads and Railways Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 20.52 | 2023 | +6.5% | +5.49% | View data |
| 2 | 2 Germany | 15.65 | 2023 | +5.72% | +6.38% | View data |
| 3 | 3 Poland | 8.07 | 2023 | +3.06% | +5.77% | View data |
| 4 | 4 United Kingdom | 6.62 | 2023 | +1.23% | +1.3% | View data |
| 5 | 5 Italy | 6.12 | 2023 | -1.08% | +0.56% | View data |
| 6 | 6 Spain | 5.69 | 2023 | -5.58% | -2.41% | View data |
| 7 | 7 Netherlands | 5.01 | 2023 | +0.19% | +0.36% | View data |
| 8 | 8 Austria | 3.77 | 2023 | +0.65% | +1.64% | View data |
| 9 | 9 Czech Republic | 3.28 | 2023 | +1.2% | +4.32% | View data |
| 10 | 10 Norway | 2.68 | 2023 | +3.7% | +1.86% | View data |
