The production value of construction for bridges and tunnels in Denmark has shown significant growth between 2013 and 2023, starting at 49.2 million Euros and rising to 136.1 million Euros. This represents a substantial increase, driven by key boosts in 2015-2016 (+25.51% to +34.42%) and in 2018 (+54.26%). However, there was a notable dip in 2019 (-25.57%) followed by a recovery trend with moderate growth observed up until 2023. The CAGR over the past five years (ending 2023) stood at -1.22%.
Looking towards the future, the forecasted data from 2024 to 2028 predicts a stable but modest growth pattern with a CAGR of 1.03% and an overall growth rate of 5.25%, resulting in 146.3 million Euros by 2028.
Trends to watch for include potential impacts of economic fluctuations, government infrastructure investment decisions, and technological advancements in construction practices potentially altering cost efficiencies and project feasibilities.
