The European transportation and storage sector in 2024 reflects varied performances across countries. Lithuania leads with a 12.7% contribution to the total, despite a slight decline of 0.31% year-on-year. Cyprus and Denmark both show moderate but contrasting movements. Noteworthy are Switzerland's robust growth of 6.85% and France's increase of 1.89%. Many Eastern European countries like Latvia and Estonia face declines, while Germany and Poland maintain stability. Ireland and Liechtenstein represent the lower end of output shares.
Future trends to watch for include:
- Potential recovery in Nordic countries if economic conditions improve.
- Impact of policy changes and technological advancements in transportation efficiency.
- The influence of geopolitical factors and EU regulations.
- Opportunities for growth in sustainable and digital transportation solutions.
Top countries in Transportation and Storage Output by Country
| # | 10 Countries | Percent of Total | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 12.7 | 2023 | +1.6% | -0.31% | View data |
| 2 | 2 Cyprus | 10.6 | 2023 | -0.93% | -2.45% | View data |
| 3 | 3 Denmark | 10.6 | 2023 | +0.95% | +0.58% | View data |
| 4 | 4 Greece | 10.3 | 2023 | -5.5% | +0.39% | View data |
| 5 | 5 Latvia | 10 | 2023 | -1.96% | -3.58% | View data |
| 6 | 6 Estonia | 8.2 | 2023 | -1.2% | -4.46% | View data |
| 7 | 7 Iceland | 8.1 | 2023 | 0% | -3.93% | View data |
| 8 | 8 Poland | 7.9 | 2023 | +1.28% | +0.51% | View data |
| 9 | 9 Switzerland | 7.8 | 2023 | -2.5% | +6.85% | View data |
| 10 | 10 Romania | 7.7 | 2023 | +5.48% | +0.53% | View data |