This publication furnishes readers with the latest value and growth data for the Ukrainian construction market and each of its segments - residential, non-residential and civil engineering. It supplies information on wages, prices and employment, value and predicted growth, trends, recently approved regulatory changes and total industry output.
The report also supplies detailed forecasts for development in all segments from 2016-2021.
Report content covers key market components...
- Value and performance as indicated by the latest data
- The competitive environment - high-profile development ventures, company strategies for the future
- Ukraine's cement production - information about current and forecasted demand, exports and imports on the market
- Construction market output in Ukraine
- Major projects in terms of location
- Upcoming changes to market investment trends and regulations.
Make decisions based on knowledge of facts like these...
- Mortgage interest rates are currently above 20% in Ukraine, with the National Bank's benchmark discount rate at 30%.
- Residential construction supply contains 24(m2) space per capita and 22(m2) in urban locations.
- For every 1000 residents, there are no more than 65m2 GLA of quality retail shopping space.
- Ukraine produces about 40% of its natural gas according to demand.
- A recent survey determined that most of the roadways in Ukraine are in need of repair or need to be completely rebuilt.
Residential construction related content includes...
- Residential housing supply data
- Housing development programmes run by the government
- The most attractive residential development projects in Ukraine
- Consumer demand for specific types of residential structures.
The report addresses non-residential construction issues...
- Supply and demand issues of commercial and industrial properties on the current market
- Retail space available in Ukraine and new developments
- Planned construction of intended rental properties
- Non-residential construction projects completed most recently
- Key developers - international and domestic companies involved specifically in non-residential construction.
Did you know...
More than 80% of the country's roads are thought to be in need of extensive repair or reconstruction. As a result of the occupation of Crimea, Ukraine lost control of 15 oil and gas fields in the region. Ukraine has about 64 m2 of quality shopping centre GLA per 1,000 inhabitants. Ukraine has less than 24 m2 of residential space per capita, including with no more than 22 m2 in urban areas. Less than 5% of home sales in Ukraine are concluded with mortgage loans.
Companies analyzed in report...
Altcom, Altis,, Arricano Real Estate, Azerkorpu-Autobahn, Budhouse Group, Cement Roadstone Holdings, Chevron, Donspetsmontazh, Dyckerhoff, ExxonMobil, Gulsan Construction, HeidelbergCement, Integral-Bud, K.A.N. Development, Karavan Real Estate, Krai Property, Kyivgorstroy (Kyivmiskbud), Kyivmetrobud, Naftogas Ukrainy, Onur Construction International, Shell, Todini Construzioni Generali, TPS Nedvizhimost, Ukrzaliznitsya, XXI Vek
Civil engineering construction updates include...
- Number and value of environmental protection projects on this market
- Projects aimed at expanding the Ukrainian infrastructure
- Opportunities in road construction according to government plans
- Pipelines and energy production projects
- Air travel infrastructure projects.
This document is especially helpful to users...
- Executing PR and trade campaigns focused on attracting new interest in the Ukrainian construction industry
- Seeking opportunities in project design and management
- Locating projects that require contracting services
- Forecasting demand for building materials in Ukrainian construction
- Conducting research on behalf of government or academic institutions.
The target audience for this report includes...
- New construction businesses entering the Ukrainian market
- Educational and government institutions
- Financial services providers of all types
- Contractors currently operating on this market
- Business consultants, researchers and analysts.
Extract from this report
- Between 2008 and 2015, the Ukrainian construction sector succeeded to expand year on year in real terms only once, in 2011, when it posted a double-digit growth rate (about 20% year on year).
- In the near future, Ukraine's government is poised to speed up legislation which will help to reform its economy, reduce government debt, corruption and money laundering practices, and open up its market to foreign investment.
- In the World Economic Forum's 2015 Global Competitiveness Report, Ukraine was in the 82nd place among 140 countries in terms of the quality of overall infrastructure (70th of 148 in 2012 and 79th of 133 of the countries covered in 2009). In terms of the quality of roads, the country was in the 132nd place (in comparison with 125th in 2009), in terms of the quality of air transport infrastructure it was in the 97th place, and in terms of the quality of port infrastructure in 108th. Only with regard to the quality of the railway infrastructure was it placed in a higher position: 28th.
Market commentary by expert
"In recent years, the construction activity in Ukraine has been severely affected by the crisis in eastern Ukraine. A 33% devaluation of the national currency against the dollar in 2014, followed by a further 48% drop against the greenback in the first ten months of 2015, a GDP contraction in excess of 6.8% in 2014 and a further decline of more than 11% in 2015 have severely affected the construction industry.
Nevertheless, despite the sharp economic slowdown in Ukraine in the last few years, the prospects for the country's construction industry remain relatively good, particularly in the medium and long term, considering that most of its production facilities are in need of reconstruction or extensive modernisation, and that the same could be said for its transport infrastructure. Furthermore, average per capita housing space in Ukraine is less than 24 m2, whereas in most European countries the figure exceeds 30 m2. In the coming years, Ukraine's government is poised to speed up legislation which will help to reform its economy, reduce government debt and open up its market to foreign investment."
Vitalie Iambla, Construction Analyst, PMR