Forecast: Production in Civil Engineering Sector in Germany

Between 2013 and 2023, the production in the civil engineering sector in Germany showed a consistent upward trend, growing from 28.54 billion euros to 63.24 billion euros. Over this period, the sector experienced varying year-on-year growth rates, with notable increases in 2016 (9.89%) and 2017 (11.16%). For the years 2021 and 2022, the growth rates were 8.54% and 7.79% respectively, showing a slight deceleration. The CAGR over the last five years was 8.54%, reflecting robust annual growth.

Looking forward, the forecasted data from 2024 to 2028 indicates continued growth, with an anticipated CAGR of 4.43%. This suggests a slower but steady growth pace compared to the past five years. By 2028, the sector is projected to reach 83.73 billion euros, marking a 24.19% increase over the five-year forecast period.

Future trends to watch for:

• Increased investments in sustainable and green infrastructure projects.
• Technological advancements driving efficiency and reducing costs.
• Potential impacts of geopolitical and economic changes on public and private sector investments.