Construction grew 11% in the first half, double that of the same period in 2022

June was the month with the most tenders.

Construction grew 11% in the first half, double that of the same period in 2022

June was the month with the most tenders

MADRID, 22 Jul. (EUROPA PRESS) -

Activity in the construction sector experienced growth of 11.22% during the first half of 2023, which represents twice the increase than in the same period of 2022, according to data from Nalanda, a document management platform for the coordination of business activities in Spain.

In this period, the construction sector offered a total of 10,441 works through this platform. Only the month of June, with 2,419 works offered, represented 23% of all those in the semester, being the month with the most tenders in the history of the platform.

Most of the works offered during this semester were projects of up to 500,000 euros, 78% of the total, followed by projects of between 1 and 10 million euros, which represented 11.5%.

"It seems that once the supply crisis has been overcome, which slowed down the growth of the sector somewhat, construction is once again one of the engines of economic recovery; this increase of 11%, double that of the previous year, and the spectacular figures for works offered in June, indicate that the construction industry is in a good moment," said Nalanda's Marketing Director, Ricardo Muriel.

The number of works offered by autonomous communities continued to be led by Catalonia, which accumulated 19.1% of all works offered up to June 2023 (1,990 works). After Catalonia, the communities with the most construction projects were Andalucía (1,642, 15.7% of the market), Madrid (1,209, 11.6%) and the Valencian Community (1,024, 9.8%).

The Communities that grew in number of works above 20% were Murcia (33.7)%, Navarra (28.3%), Castilla La Mancha (27.3%), Madrid (26.5%) and Ceuta (21.1%). La Rioja, Castilla y León, Comunidad Valenciana, Asturias and Aragón also exceeded the growth of the national average.

On the contrary, the only Communities that decreased in number of works in this semester were the Balearic Islands (-4.6%) and Cantabria (-24.1%).

The average number of workers per project in this period was 106 employees, which is 17% less than in the first half of last year, continuing on the downward path of this figure, also compared to 2021, when the average was 165 workers per project.

According to data from Nalanda, an average of slightly less than four subcontractors work on each project, each of which has an average of 29 workers, when last year they had 22 workers, which indicates that there has been a certain concentration in the sector of subcontracting companies.

Regarding other sectors related to construction such as urban services, renewable energy, maintenance and operation of infrastructures and certain types of industries, Nalanda has also observed significant growth in activity during this first semester.

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