The turnover of construction of bridges and tunnels in the Netherlands has seen significant fluctuations from 2013 to 2023. In 2013, the turnover stood at 720.3 million Euros, declining steadily to 374.1 million Euros in 2023. The year-on-year variation and CAGR values indicate a volatile market with periods of both substantial declines and growth. For instance, there was a steep decline of 37.85% from 2014 to 2015, while the turnover increased by 31.26% from 2017 to 2018. However, the last two years, 2022 and 2023, saw a continuous decline in turnover, at -7.08% and -7.13%, respectively. The five-year CAGR up to 2023 stands at -9.29%, pointing to an overall negative trend.
Looking ahead to the forecasted data from 2024 to 2028, the turnover is expected to continue its downward trajectory. The forecasted five-year CAGR is -5.91%, resulting in a predicted decrease in total market turnover by 26.27%. This forecast suggests that the sector will face challenges in regaining previous levels of turnover in the near future.
Future trends to watch for include the impact of infrastructure investment policies, technological advancements in construction, and potential shifts in government priorities towards sustainable development and maintenance of existing structures. Additionally, the influence of economic conditions on public and private sector funding for large-scale infrastructure projects will be critical in shaping the sector's trajectory.
