INTERNATIONAL TRENDS AND CURRENT CHALLENGES OF CONSTRUCTION MATERIALS MARKET DEVELOPMENT
Abstract
The main international trends in the world market of construction materials and services have been analyzed. The dynamics of world GDP and exports of construction services for the period 2000-2019 has been studied and a conclusion is made on the impact of economic crises on their growth rates. It has been determined that the dynamics of world exports of construction services is characterized by high instability with peaks of growth and decline, and is more sensitive than GDP growth. It has been noted that overcoming the crisis in the export sector of construction services takes more time and occurs with an approximate two-year time lag compared to GDP dynamics. The share of the construction industry in the world GDP by the degree of development has been analyzed. The reasons for the decline in the share of the construction industry in countries with economies in transition have been substantiated. It has been noted that in the developed countries the share of the construction sector is accounted for by real estate management activities related to maintenance, rent, purchase and sale and other transactions with land and real estate. The forecast values of growth of the market of building materials and services till 2030 have been given. The essence of the term «wide construction» has been revealed and the structure of this sector in different countries of the world is shown. The main exporters in the world construction market have been given and the structural distribution of the largest construction companies in the world ranking by country of origin has been analyzed. The dynamics of income level in the construction industry market for the period 2011-2018 has been studied. It has been noted that an important area of the construction sector is the market of roofing and facade materials and the world's largest companies for the production of this type of construction materials have been revealed. Conclusions on the essence of global transformations of the market of building materials and services have been made, and also it has been defined that they are caused by transnationalization of corporate structure of the market, influence of scientific and technical progress and information and communication technologies on world centers as well as the emergence of the concept of «sustainable construction» in the course of humanity for sustainable development.
References
Шаронова Д.М. Анализ международного рынка строительных материалов. Материалы VIII Международной студенчес¬кой научно-практической конференции, г. Чебоксары, 31 марта 2018 г. Чебоксары : Интерактив плюс, 2018. С. 326–329.
Мельник Т.М. Особливості та напрями розвитку міжнародної торгівлі будівельними послугами. Інвестиції: практика та досвід. 2017. № 4. С. 14–18.
UNCTAD. International trade in goods and services. 2015. URL: http://unctadstat.unctad.org/wds/ReportFolders/reportFolders. aspx (дата звернення: 22.09.2020).
WB. The World Bank Statistics Service. URL: https://databank.worldbank.org/data/download/GNIPC.pdf (дата звернення: 22.09.2020).
GII. Global Innovation Index. URL: https://www.globalinnovationindex.org/Home (дата звернення: 24.09.2020).
WEF. World Economic Forum. 2019. URL: http://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessReport2019.pdf (дата звернення: 24.09.2020).
WB. The World Bank Group. 2019. URL: https://espanol.doingbusiness.org/content/dam/doingBusiness/media/AnnualReports/ English/DB2019-report_web-version.pdf (дата звернення: 24.09.2020).
WTO. International Trade Statistics. 2012. URL: https://www.wto.org/english/res_e/statis_e/its2012_e/its2012_e.pdf (дата звернення: 24.09.2020).
ANCE. Ance Associazione Nazionale Costruttori Edili. URL: http://www.ance.it (дата звернення: 26.09.2020).
BDP. Global No.1 Business Data Platform. URL: https://www.statista.com/ (дата звернення: 26.09.2020).
Загальносвітові тенденції і сучасні виклики розвитку будівництва. BUDexport. 2018. URL: https://budexport.by/world_market.php (дата звернення: 26.09.2020).
EUROSTAT. World trade in goods and services – an overview. Eurostat. 2019. URL: https://ec.europa.eu/eurostat/statistics-explained/index.php/World_trade_in_goods_and_services_-_an_overview (дата звернення: 26.09.2020).
Sharonova D.M. (2018) Analiz mezhdunarodnogo rynka stroitelnyh materialov [Analysis of the international market of construction materials]. Proceedings of the VIII Mezhdunarodnaya studencheskaya nauchno-prakticheskaya konferencia (Cheboksary, 31 March 2018). Cheboksary: CNS «Interaktiv pljus», pp. 326–329.
Melnyk T.M. (2017) Osoblyvosti ta naprjamy rozvytku mizhnarodnoi torgivli budivelnymy poslugamy [Features and directions of international trade in construction services]. Investycii: praktyka ta dosvid, no. 4, pp. 14–18.
UNCTAD (2015) International trade in goods and services. Available at: http://unctadstat.unctad.org/wds/ReportFolders/ reportFolders.aspx (accessed 22 September 2020).
WB. The World Bank Statistics Service. Available at: https://databank.worldbank.org/data/download/GNIPC.pdf (accessed 22 September 2020).
GII. Global Innovation Index. Available at: https://www.globalinnovationindex.org/Home (accessed 24 September 2020).
WEF (2019) World Economic Forum. Available at: http://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessRep ort2019.pdf (accessed 24 September 2020).
WB (2019) The World Bank Group. Available at: https://espanol.doingbusiness.org/content/dam/doingBusiness/media/AnnualReports/English/DB2019-report_web-version.pdf (accessed 24 September 2020).
WTO (2012) International Trade Statistics. Available at: https://www.wto.org/english/res_e/statis_e/its2012_e/its2012_e.pdf (accessed 24 September 2020).
ANCE. Ance Associazione Nazionale Costruttori Edili. Available at: http://www.ance.it (accessed 26 September 2020).
BDP. Global No.1 Business Data Platform. Available at: https://www.statista.com/ (accessed 26 September 2020).
BUD (2018) Загальносвітові тенденції і сучасні виклики розвитку будівництва. BUDexport [Global trends and current challenges of construction development. BUDexport]. Available at: https://budexport.by/world_market.php (accessed 26 September 2020).
EUROSTAT (2019) World trade in goods and services – an overview. Eurostat. Available at: https://ec.europa.eu/eurostat/statistics-explained/index.php/World_trade_in_goods_and_services_-_an_overview (accessed 26 September 2020).
