Demand changes, disruptions in supply chains and price increases pose financial and operational problems in the construction sector. The construction sector, which is in the "year of change", has had a weak start to 2022 due to financial problems and global problems. The difficulties in the supply of materials experienced due to the effects of the war and the fluctuations observed in exchange rates restrict sectoral growth. The sector, which exhibited stationary activities in the first two months of the year, started to increase its activities in March with the decrease in seasonality.
Innovative material approaches, modular & prefabricated constructions, widespread use of BIM and increased security measures are among the industry trends of 2022. With the digitalization, construction productions made with 3D printers have increased and smart contract applications have been transitioned.
The increase in the construction cost index and construction materials observed in the quarter data negatively affected the sector. When the activities constituting GYSH are examined, in the first quarter of 2022, depending on the chained volume index compared to the previous year,;
- Real estate activities 5.4%
- Industrial activity 7.4%
- Service sector 14.9%
- Finance and insurance activities 24.2%
- While agricultural activities increased by 0.9%;
- Construction activities decreased by 7.2%.
In the Construction Sector Report 2022 Q1 issue, which we prepared as Entegre Project Management; You can find the opportunity to examine the current situation of the construction industry in Turkey and in the world.