ACTIVITY-START 1 – CONSTRUCTIONS STARTED – COUNTRYWIDE
Activity-Start indicates the number and total construction value of projects whose construction started in the given period. In Q3 2020, Activity Start in value dropped by almost 50% at current prices over Q3 2019. So far in 2020 the non-residential market has been performing best. But out of the most significant segments of recent years, it was only the Activity Start of industrial buildings and warehouses that could see growth in 2020. The Activity Start of multi-unit housing construction already saw a huge drop in 2019, which continued into 2020 as well. Similarly, civil engineering has been on the negative for the second year in a row. Detailed data can be found in the full report.
OUTPUT 1 – AMOUNT SPENT ON CONSTRUCTION – COUNTRYWIDE
NEW CONSTRUCTION | RENOVATION | TOTAL
Output indicates the amount spent on construction in the given period. Between July and September 2020, the number of halted projects did not grow. On the contrary, some major projects that stopped during the first wave of the pandemic have resumed. Thus, the drop in Output is primarily caused by the declining Activity Start in the previous period. Completed projects are not replaced by enough starting ones. In Q3 2020, at current prices, 7% less was spent on construction of the projects in the database than in Q3 2019. Outputs of multi-unit housing construction and civil engineering are deeply negative, while that of non-residential construction is positive. Detailed data can be found in the full report.
The EBI Construction Activity Report is made quarter-yearly in English and in Hungarian by processing ibuild.info construction project database, in the cooperation of ELTINGA, Buildecon and ibuild.info. The aggregates calculated from the data of individual construction projects carry up-to-date information about the current performance of the Hungarian construction market.
The full EBI Construction Activity Report contains Activity-Start and Output indicators detailed by building types (residential, office, industrial, road, rail, utilities, etc), regions or new construction – reconstruction.
To access the full EBI Construction Activity Report, log in to your ibuild.info user account. If you do not have an account yet, you can register for free. Once you have logged in, you can see the full report if you have already purchased it, or request a quotation if you have not yet ordered it.
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