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In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas

According to Statistics Estonia, in the second quarter of 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 4% compared with the second quarter of 2023. On the domestic construction market, volume fell by 3%.

According to Statistics Estonia, in the second quarter of 2024, the construction price index increased by 0.7% compared with the first quarter and by 2.2% compared with the second quarter of 2023.

According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of 2023 and by 0.9% compared with the first quarter of last year.

According to the preliminary data of Statistics Estonia, in 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% at constant prices compared with 2022. Considering only the domestic market, the fall in construction volume was 7%.

Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

According to Statistics Estonia, in 2023, the construction price index increased by 6.1% compared with the average of 2022. In the fourth quarter of last year, the construction price index increased by 0.9% compared with the third quarter. The index increased by 2.2% compared with the fourth quarter of 2022.

According to Statistics Estonia, in the third quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% at constant prices compared with the third quarter of 2022. Considering only the domestic market, the fall in construction volume was 7%.