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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Lumber / Sawmilling / Statistics / Wood construction / Wood Products / Europe / Global
March 3, 2021

Construction activity in Europe expected to return to pre-corona levels in 2023

Construction activity in Europe expected to return to pre-corona levels in 2023
Beyond all market influences seen in recent years, the effects of the corona crisis have now taken over within a short time. For 2021, Euroconstruct expects a growth of 4.1%. For the years 2022 (+3.4%) and 2023 (+2.4%) the outlook remains positive. Until 2023 total construction output in the Euroconstruct area is likely to reach € 1.73 trillion and to exceed the pre-corona level of 2019 by € 28 billion or 1.7%.  The consequences for the individual countries are significantly different. Thus, the range goes from a small growth in Finland and stagnation in ...

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