Key Market Indicators
Icelander warehousing revenue is projected to decline to approximately €20 million by 2028, down from €22 million in 2023. This marks an average annual decrease of 1.2%. Since 2019, the Icelandic market has been shrinking at an annual rate of 4.2%. In 2023, Iceland ranked 30th in warehousing revenue, with Bosnia and Herzegovina surpassing it at €22 million. Leading the rankings, Germany, the Netherlands, and France secured the second, third, and fourth positions, respectively.
