In 2023, Spain led the European Transportation and Storage output with 147.61 billion euros, followed by Belgium at 79.88 billion euros. Among the countries analyzed, Luxembourg and Croatia showed the most significant growth in 2023 with 12.74% and 14.13%, respectively. Over the past two years, these sectors demonstrated steady expansion, influenced by post-pandemic recovery. The overall CAGR reflects healthy growth in this industry across the continent.
Future trends to watch include increased investment in sustainable transportation solutions and advancements in digital logistics technologies. European initiatives for greener transit options and supply chain optimization are potential growth catalysts in the coming years.
Top countries in Transportation and Storage Output by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 147,610 | 2023 | -1.45% | +4.12% | View data |
| 2 | 2 Belgium | 79,880 | 2023 | +2.13% | +5.33% | View data |
| 3 | 3 Ireland | 21,890 | 2023 | +12.01% | +1.66% | View data |
| 4 | 4 Slovakia | 16,400 | 2023 | +2.53% | +6.52% | View data |
| 5 | 5 Luxembourg | 10,890 | 2023 | +15.04% | +12.74% | View data |
| 6 | 6 Croatia | 9,630 | 2023 | +27.34% | +14.13% | View data |
| 7 | 7 Slovenia | 8,930 | 2023 | +3.46% | +6.49% | View data |
| 8 | 8 Estonia | 6,010 | 2023 | -3.72% | +2.62% | View data |
| 9 | 9 Malta | 2,720 | 2023 | +13.82% | +4.39% | View data |
