Latest Study on Industrial Growth of Construction in Estonia – Key Trends and Opportunities (H2 2021) Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Construction in Estonia – Key Trends and Opportunities (H2 2021) market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market.
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HTF MI now expects the Estonian construction industry to grow by 3.7% in real terms in 2021, a slight downward revision from the previous forecast of a 4.7% growth; this is attributed to the impact of the second wave of the Coronavirus (COVID-19) pandemic on the country’s economic activity between January and March. Consequently, in the first quarter of 2021, the construction industry contracted by 12.3% year on year (YoY) in the real terms. In the second quarter of 2021, however, the industry recovered on the back of a gradual receding second wave of Coronavirus (COVID-19) and recovery in economic activities, which created scope for an expansion in the construction industry in that quarter. According to Statistics Estonia, the construction industry’s value add grew by 5.9% YoY in the second quarter of 2021, increasing from EUR392.2 million (US$447 million) in Q2 2020 to EUR415.3 million (US$473.3 million) in Q2 2021.
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– Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Estonia, featuring details of key growth drivers.
– Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
– Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
– Listings of major projects, in addition to details of leading contractors and consultants
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