The Ukrainian construction market showed significant growth in 2025: according to expert estimates, its volume in monetary terms reached approximately ₴248 billion, which is equivalent to about €5.3 billion. This is 24% more than in 2024; however, the market still remains 34% smaller compared to the pre-war year of 2021, when it was estimated at around €8 billion.
This is reported by Business • Media
Key Market Trends and Regional Leaders
In 2025, the most active segments of commercial investments remained warehouse, industrial, and retail real estate. Kyiv, Lviv, and Ivano-Frankivsk regions were among the most attractive for new construction due to favorable conditions for development.
An important role in the market is played by the direction of recovery and protection of critical infrastructure facilities, which accounts for about 20% of the total volume of construction work.
Demand and Price Dynamics in the Construction Sector
Throughout the year, demand from businesses and households gradually shifted towards energy-independent solutions. The highest growth dynamics were recorded in the agricultural buildings segment, which increased by 48%. At the same time, demand for primary housing remained stable at the level of 2024.
Prices for construction work and materials increased by 15% in 2025, which is less than the 24% increase the previous year. Housing prices showed an increase within the range of 5-10%.
“The key segments of commercial investments in 2025 remained warehouse, industrial, and retail real estate, with Kyiv, Lviv, and Ivano-Frankivsk regions being the most attractive for new construction.”