Key Market Indicators
Latvia's warehousing revenue is projected to climb to approximately €155 million by 2028, up from around €131 million in 2023. This reflects an annual compound growth rate (CAGR) of 2.6%. Since 2013, the Latvian warehousing market has experienced an average annual growth of 4.2%. In the 2023 rankings, Latvia secured the 23rd position, with Estonia surpassing it with a market value also estimated at €131 million. Leading the European market, Germany, the Netherlands, and France occupied the second, third, and fourth positions, respectively.
