The Production in Construction of Roads and Railways sector in Poland has experienced significant fluctuations over the past decade. From a low of 30.28 billion Zloty in 2013, the sector has consistently grown, with notable peaks and some short-term declines. As of 2023, the sector stands at 66.8 billion Zloty, showing steady growth.
Year-on-year variations indicate notable increases and occasional declines:
- -12.81% decline in 2013
- 41.32% growth in 2014
- -4.31% decline in 2015
- -10.19% decline in 2016
- 17.83% growth in 2017
- 16.96% growth in 2018
- 16.77% growth in 2019
- 7.08% growth in 2020
- -0.67% decline in 2021
- 3.07% growth in 2022
- 2.95% growth in 2023
Over the last two years, there has been a modest yearly growth rate of around 3%. The five-year CAGR from 2019 to 2023 has been about 5.68%, indicating a healthy growth rate despite minor fluctuations.
Looking forward, the forecast from 2024 to 2028 anticipates more stable growth, with a projected five-year CAGR of 2.06% and an overall growth rate of 10.76% by 2028. Future trends to watch include potential impacts from governmental policies, economic shifts, and infrastructural investments, which could stimulate further growth or pose new challenges for the sector.
