The European construction sector for roads and railways showed notable country-specific dynamics in 2023. France led with the highest production value, reflecting a 5.91% increase from the previous year. Germany and Poland also experienced significant growth with 4.2% and 4.44% improvements, respectively. Notably, Hungary and Serbia registered the highest percentage growth at 8.26% and 8.19%. Conversely, Spain and Portugal showed declines, with -2.13% and a substantial -19.94% decrease, signaling potential challenges.
Future trends to watch include:
- Potential recovery in countries with recent declines if economic stimuli are implemented.
- Continued growth in France and Germany as infrastructure investments remain prioritized.
- Emerging opportunities in Eastern Europe with strategic investments in transport infrastructure.
- Climate change impacts and green initiatives, potentially driving investments towards sustainable construction practices.
- Technological advancements such as smart roads and railway systems, enhancing production efficiency and value.
Top countries in Production Value of Construction of Roads and Railways Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 21.17 | 2023 | +6.56% | +5.91% | View data |
| 2 | 2 Germany | 14.34 | 2023 | +4.26% | +4.2% | View data |
| 3 | 3 Poland | 7.66 | 2023 | +4.53% | +4.44% | View data |
| 4 | 4 Italy | 6.78 | 2023 | -1.1% | +0.97% | View data |
| 5 | 5 United Kingdom | 6.56 | 2023 | +1.15% | +1.29% | View data |
| 6 | 6 Spain | 6.13 | 2023 | -4.85% | -2.13% | View data |
| 7 | 7 Netherlands | 5.79 | 2023 | +8.93% | +2.91% | View data |
| 8 | 8 Austria | 3.83 | 2023 | +0.43% | +1.42% | View data |
| 9 | 9 Czech Republic | 3.15 | 2023 | -0.23% | +2.82% | View data |
| 10 | 10 Norway | 2.69 | 2023 | +3.71% | +1.85% | View data |
