Eurostat data shows that from 1960 to 2020 only 0.84% of construction companies reported that their activities had been restricted by material shortages or capacity bottlenecks. However, this share has risen to an average of 28% since 2021 and to a peak of over 50% at one point.
In addition to delivery difficulties and material shortages, sharp price increases for raw materials, intermediate products, and energy also contributed to the challenges faced by construction companies.
In 2022, the producer prices of relevant intermediate goods in the construction industry increased by 22% on average compared to 2021, and by 14% in 2021 compared to 2020.
