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Forecasting construction market evolution in the Baltic States

  • Industry


  • Geographical coverage

    Estonia, Latvia, Lithuania

  • Client type


Consulting Project - PMR Consulting - construction

Client's need

PMR client, a major manufacturer of prefabricated concrete units, needed information on the current market situation and development forecasts for the construction industry in Lithuania, Latvia and Estonia, that could be used for business decision making.

Our deliverables

PMR consultants delivered a market report on the construction industry together with development forecasts for each market segment for following years. Based on econometric models, the PMR team prepared market forecasts for each analysed country for the following groups of indicators:

  • macroeconomic indicators that have direct and indirect impact on the construction market
  • construction market indicators including residential, non-residential and civil engineering markets
  • construction market sub segments, including transport and energy infrastructure.
The report concisely presented the results of the PMR analysis of residential, non-residential and civil engineering markets in Lithuania, Latvia and Estonia, split between market sub segments. Additional benefits were provided in the form of profiles of major construction companies, as well as a brief overview of the construction materials market and new construction projects carried out in the region.

Value for the client

The client received up to date information on the construction market in each Baltic state, including new investments and renovation projects. The database with historical data and forecasts was delivered in an editable format, allowing for easy work with data and making adjustments to possible changes of market trends.  

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