Report cover image

Russia Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecast, 2023-2027

Publisher GlobalData
Published Jun 30, 2023
Length 44 Pages
SKU # GBDT18132690

Description

Russia Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecast, 2023-2027


Summary

The construction industry in Russia is expected to remain weak in the initial part of the forecast period, registering annual declines of 2.6% in real terms in 2023 and 3.7% in 2024. This weakness is attributed to headwind caused by the Western sanctions, coupled with elevated inflation and interest rates, a growing budget deficit, subdued trade, falling government revenues, and an exodus of skilled workers. Moreover, a cap on Russian oil prices is also severely affecting the government’s main source of revenue, and this could impact the progress on public infrastructure projects. Some of the projects that will be affected by falling government revenues include the Orekhovo-Zuyevo bypass project, a second ring road around Saint Petersburg, a road to the south-west linking Yekaterinburg, Samara and Krasnodar, and the Meridian highway stretching from the Kazakh border to the Belarusian border, via Russia.

GlobalData estimates the Russian construction industry to register an annual average growth rate of 3.9% from 2025 to 2027, under a best-case scenario of the military conflict being short-lived, supported by government investment in infrastructure, residential, renewable energy, mining, and healthcare projects. The country is aiming to increase the share of wind and solar energy in the renewable energy mix from 1% in 2019 to 10% by 2040, by investing heavily in the renewable energy sector. In September 2022, the Russian state-owned nuclear firm Rosatom signed a wind project development agreement with the Government of Dagestan to build 315MW of power projects in Dagestan.

This report provides detailed market analysis, information and insights into the Russian construction industry, including -
  • The Russian construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Russian construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope

This report provides a comprehensive analysis of the construction industry in Russia. It provides -
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Russia, 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
Reasons to Buy
  • Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using GlobalData's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Table of Contents

44 Pages
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
3.5 Potential Conflict Scenarios
4 Construction Outlook
4.1 All Construction
Outlook
Latest news and developments
Construction Projects Momentum Index
4.2 Commercial Construction
Outlook
Project analytics
Latest news and developments
4.3 Industrial Construction
Outlook
Project analytics
Latest news and developments
4.4 Infrastructure Construction
Outlook
Project analytics
Latest news and developments
4.5 Energy and Utilities Construction
Outlook
Project analytics
Latest news and developments
4.6 Institutional Construction
Outlook
Project analytics
Latest news and developments
4.7 Residential Construction
Outlook
Project analytics
Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
7.4 GlobalData Construction
Contact Us
List of Tables
Table 1: Construction Industry Key Data
Table 2: Russia, Key Economic Indicators
Table 3: Russia, Commercial Construction Output by Project Type (Real % Change), 2018-27
Table 4: Russia, Top Commercial Construction Projects by Value
Table 5: Russia, Industrial Construction Output by Project Type (Real % Change), 2018-27
Table 6: Russia, Top Industrial Construction Projects by Value
Table 7: Russia, Infrastructure Construction Output by Project Type (Real % Change), 2018-27
Table 8: Russia, Top Infrastructure Construction Projects by Value
Table 9: Russia, Energy and Utilities Construction Output by Project Type (Real % Change), 2018-27
Table 10: Russia, Top Energy and Utilities Construction Projects by Value
Table 11: Russia, Institutional Construction Output by Project Type (Real % Change), 2018-27
Table 12: Russia, Top Institutional Construction Projects by Value
Table 13: Russia, Residential Construction Output by Project Type (Real % Change), 2018-27
Table 14: Russia, Top Residential Construction Projects by Value
Table 15: Russia, Key Contractors
Table 16: Russia, Key Consultants
Table 17: Russia, Construction Output Value (Real, $ Million)
Table 18: Russia, Construction Output Value (Nominal, RUB Billion)
Table 19: GlobalData Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: Eastern Europe, Construction Output (Real % Change), 2021-27
Figure 2: Russia, Construction Output by Sector (Real % Change), 2021-23 and 2024-27
Figure 3: Russia, Risk Summary
Figure 4: Russia, Risk Regional Comparison
Figure 5: Russia, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2018-27
Figure 6: Russia, Construction Output Value, by Sector (Real, $ Million), 2018-27
Figure 7: Russia, Construction Activity Volume Index
Figure 8: Russia, Investments in Fixed Capital, In RUB Billion
Figure 9: Russia, Number of Unemployed Registered at Bodies of State Employment Services
Figure 10: Russia, Construction Projects Momentum Index
Figure 11: Eastern Europee, Construction Projects Momentum Index
Figure 12: Russia, Commercial Construction Output by Project Type (Real, $ Million), 2018-27
Figure 13: Russia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 14: Russia, Retail Trade Turnover (RUB Billion)
Figure 15: Russia, Industrial Construction Output by Project Type (Real, $ Million), 2018-27
Figure 16: Russia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 17: Russia, Industrial and Manufacturing Production Index (% Change, YoY)
Figure 18: Russia, Infrastructure Construction Output by Project Type (Real, $ Million), 2018-27
Figure 19: Russia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 20: Russia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2018-27
Figure 21: Russia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Russia, Institutional Construction Output by Project Type (Real, $ Million), 2018-27
Figure 23: Russia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 24: Russia, Residential Construction Output by Project Type (Real, $ Million), 2018-27
Figure 25: Russia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 26: Russia, Residential Buildings Commissioned by Organizations (Million m2)
Figure 27: Russia, Volume of Extended Mortgage Loans (RUB, Billion)
Figure 28: Russia, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 29: Russia, Headquarters of Key Consultants (% of Total Project Pipeline)

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us