The production in the civil engineering sector in Denmark experienced fluctuations between 2013 and 2023. Starting at DKK 24.95 billion in 2013 and ending at DKK 41.57 billion in 2023, the sector saw notable ups and downs. Key highlights include substantial growth in 2014 (23.44%) and 2015 (13.72%) and significant declines in 2017 (-6.9%) and 2020 (-14.96%). The sector rebounded with 12.35% growth in 2021 and continued to perform positively in the following years, culminating in a 6.2% increase in 2023.
Based on the forecast data from 2024 to 2028, the sector is projected to grow at a CAGR of 2.11%, reaching DKK 47.49 billion by 2028, translating to an 11% increase over five years. The average annual growth rate between 2023 and 2028 is a modest but steady 2.11%.
Future trends to watch for include:
- Potential impacts of governmental infrastructure investments.
- Shifts in environmental regulations and sustainable construction practices.
- Technological advancements in civil engineering that could improve efficiency and output.