In 2023, Germany led the European production value for building completion and finishing with €22.65 million, experiencing a 4.8% increase. France, the second-largest, saw a slight decline of 0.69%. Substantial growth was recorded in Poland at 8.57%, Hungary at 9.38%, and Romania at 14.61%. Conversely, countries like Ireland experienced a decrease of 4.21%, while Greece faced a decline of 7.94%. Over the past five years, varied Compound Annual Growth Rates (CAGR) showcase both stability and volatility across countries, indicating dynamic regional development influenced by local market conditions.
Future trends to watch include the impact of economic recovery post-pandemic, the influence of green building practices, and advancements in construction technologies. Additionally, geopolitical factors and EU regulations may shift the industry's growth trajectory, making monitoring these elements essential for anticipating future market directions.
Top countries in Production Value of Building Completion and Finishing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.65 | 2023 | +3.72% | +4.8% | View data |
| 2 | 2 France | 17.73 | 2023 | +0.0014% | -0.69% | View data |
| 3 | 3 United Kingdom | 13.76 | 2023 | +1.31% | +1.2% | View data |
| 4 | 4 Italy | 8.87 | 2023 | -3.69% | -3.18% | View data |
| 5 | 5 Netherlands | 5.12 | 2023 | +9.48% | +6.02% | View data |
| 6 | 6 Sweden | 4.25 | 2023 | +3.91% | +4.53% | View data |
| 7 | 7 Belgium | 4 | 2023 | +2.05% | +1.73% | View data |
| 8 | 8 Switzerland | 3.58 | 2023 | +2.16% | +5.49% | View data |
| 9 | 9 Denmark | 3.42 | 2023 | +2.18% | +3.29% | View data |
| 10 | 10 Spain | 3.15 | 2023 | -5.43% | -1.8% | View data |
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