JEL Classification: D210; G390; J280; L740. | DOI: https://doi.org/10.31521/modecon.V51(2025)-30 |
Tyvonchuk Ya. A., postgraduate student of the Department of Enterprise Economics, Mykolaiv National Agrarian University, Mykolaiv, Ukraine
ORCID ID: 0009-0006-0360-8443
e-mail: s.m.trofimchuk@nuwm.edu.ua
Assessment of the State and Forecasts of Structural Changes in the Building Materials Industry of Ukraine
Abstract. Introduction. This article evaluates the current state of the building materials industry in Ukraine and forecasts structural changes. It identifies the factors of transformation and reconstruction trends in the industry’s current critical conditions, taking into account the tools of infrastructure restoration that significantly affect enterprises’ financial and economic security.
The purpose of the study is to assess the current state of development of the building materials industry, identify factors of its transformation and reconstruction trends in today’s critical conditions, taking into account infrastructure restoration tools that significantly affect the financial and economic security of enterprises in this industry.
Results. Production and consumption indices of construction products by housing sector type and the price index of construction material producers in pre-war and wartime periods in Ukraine have been analyzed. The cost structure of the main types of construction materials produced by Ukrainian enterprises is formed by cost items that significantly affect its cost increase under the conditions of military conflict in Ukraine. The volume of concrete and cement mixture production and supply to the market by business entities has been identified. A map showing cement mixture consumption in Ukraine’s regions has been presented. The dynamic trend of export potential and capital investment volume in the construction industry during wartime has been presented. State support programs for enterprises producing construction materials in Ukraine were identified.
Conclusions. Global trends in the building materials industry have been identified through the intensification of urbanization, the adoption of artificial intelligence and Internet of Things (IoT) technologies, and the production of environmentally friendly, energy-efficient materials. Using environmentally friendly building materials during the post-war restoration of residential and non-residential real estate will positively impact the environment of the regions. It will also reduce current costs and construction project costs by consuming local raw materials for building material production at the local and regional levels. Additionally, it will stabilize the financial and economic security of construction industry manufacturers. The forecast share of meeting the demand for building materials through the production capacity of enterprises and the restoration of residential and non-residential real estate in Ukraine is presented.
Keywords: construction industry, enterprises, building materials, production, investments, export potential, financial and economic security.
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Received: 17 May 2025
How to quote this article? |
Trofimchuk S. (2025). Assessment of the State and Forecasts of Structural Changes in the Building Materials Industry of Ukraine. Modern Economics, 51(2025), 225-234. DOI: https://doi.org/10.31521/modecon.V51(2025)-30. |