The spring or summer update of the European construction market forecasts – presented at the 93rd Euroconstruct conference
organised by PAB-PCR&F, in Warsaw from 9 to 10 June 2022 – confirmed an ongoing recovery of the European construction markets.
The growth forecast for 2022 had to be lowered due to increasing multiple risks (like supply bottlenecks, increasing construction
costs and inflation in general). Despite the challenging business environment, none of the Euroconstruct member countries
expects a decline in construction volume. Euroconstruct forecasts an average real growth in output of 2.3 percent compared
to the previous year. Overall, construction volume is forecasted to reach 1,896 billion € in the Euroconstruct area in 2022.
The Euroconstruct Country Report provides detailed information about the construction market trends and its fundamentals in
each of the 19 Euroconstruct member countries until 2024. The forecasts and analyses are presented at the country level and
are based on a comparable harmonised dataset for the major construction sectors and indicators. The macroeconomic framework
conditions are included additionally. With contributions by Barbour Abi, Anne-Sophie Alsif, Anna Brinkhagen, Anders Bjerre,
Mohammed Chaudhri, Ludwig Dorffmeister, Antonio Coimbra, Thomas Endhoven, Josep Ramon Fontana, David Frič, János Gáspár, Johan
Grip, Roch-Eloi Grivet, Paul Groot, Annette Hughes, Michael Klien, Radovan Kostelník, Nathalie Kouassi, Vladimir Lenko, Jean-Pierre
Liebaert, Patric Lindqvist, Nejra Macic, Simon Mahoney, Arend Olthoff, Pascal Marlier, Antonio Mura, Markku Riihimäki, Stefanie
Siegrist, Mariusz Sochacki, Antonella Stemperini, Mercedes Tascedda and Michael Weingärtler.
JEL-Codes:L7, R21, R31
Keywords:Construction Market, Forecasts, Europe, Housing, Residential, Non-Residential, Civil Engineering
Forschungsbereich:Strukturwandel und Regionalentwicklung