The production in the construction of roads and railways sector in Denmark has experienced significant fluctuations over the past decade. Starting at a value of 8.56 billion DKK in 2013, the sector saw its highest YoY growth of 40.51% in 2014. Following this surge, the sector continued to grow, peaking in value in 2016 before experiencing a decline in 2017. Despite the downturn, the sector rebounded towards consistent growth post-2020, with 2023 standing at 18.28 billion DKK and exhibiting a YoY growth of 3.81% from 2022. The last five years indicate an average annual growth rate (CAGR) of 6.68%.
The forecast from 2024 to 2028 suggests a moderate growth trajectory, with the sector expected to increase at a CAGR of 2.6%, culminating in a total growth rate of 13.69% over the five-year period.
Future trends to watch for include:
- Technological advancements in construction methodologies and materials.
- Government spending and policy shifts favoring infrastructure developments.
- Environmental regulations impacting project planning and execution.
- Private sector investments and public-private partnerships in infrastructure.
