The production value of building projects in Poland has shown a significant upward trend from 3.48 billion euros in 2013 to 21.28 billion euros in 2023. From 2024 onwards, the values are forecasted, with an expected increase to 31.32 billion euros by 2028. Highlights include a notable growth rate between 2017 and 2019, with year-on-year variations peaking at 27.42% and 22.04%, respectively. However, from 2020 to 2023, the growth rate began to moderate, with a noted year-on-year decrease to 10.75% by 2023.
Key trends over the last two years highlighted a deceleration in the growth rate, from 12.18% in 2022 to 10.75% in 2023. The last five years have seen an average annual growth rate (CAGR) of 14.7%. According to forecasts, the next five years should maintain a milder growth rate with a CAGR of 6.07%, resulting in an overall forecast growth of 34.27% by 2028.
Future trends to watch for include:
- Potential impacts of economic policies and infrastructure investments on the building projects sector.
- Technological advancements and their adoption rate within the construction industry.
- Changes in demand influenced by economic factors and demographic shifts.
- Regulatory changes and environmental considerations affecting the sector.
