Forecast: Production in Construction of Roads and Railways Sector in the Netherlands

The production in the construction of roads and railways sector in the Netherlands has shown significant volatility over the past decade. The values ranged from 8.9 billion Euros in 2013 to a notable low of 7.12 billion Euros in 2020, followed by a strong recovery leading to 11.16 billion Euros by 2023. This 2023 figure indicates a robust year-on-year growth of 8.93% from 2022. The sector’s CAGR from 2018 to 2023 stands at 2.91%, highlighting a steady upward trend in recent years.

Future forecasts from 2024 to 2028 suggest continued growth, albeit at a moderate pace, with a forecast 5-year CAGR of 0.87%. By 2028, the sector is expected to reach 11.88 billion Euros, indicating a 4.43% growth over this period.

Future trends to watch for include:

- The impact of sustainable construction practices and investments in green infrastructure.

- Technological advancements in construction methods and materials.

- Policy changes and government spending on transport infrastructure modernization and expansion.