In 2023, Germany led European production in warehousing and support activities for transportation with €161.69 billion. Italy and Spain followed with €79.45 billion and €52.61 billion, respectively. Other significant contributors included Belgium (€31.43 billion) and the Netherlands (€28.2 billion). Notable year-on-year variations showed Greece with the highest growth at 4.39%, indicating a dynamic expansion. Germany had a more modest increase at 1.94%. Over the last five years, the compound annual growth rate (CAGR) would demonstrate consistent growth trends across these markets.
Future trends to watch include technological advancements like automation, sustainability initiatives, and post-pandemic recovery strategies that could reshape warehousing and support activities in European transportation, potentially leading to increased efficiency and further growth in countries beyond the traditional leaders.
Top countries in Production of Warehousing and Support Activities for Transportation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 161,690 | 2023 | +2.14% | +1.94% | View data |
| 2 | 2 Italy | 79,450 | 2023 | +1.57% | +1.66% | View data |
| 3 | 3 Spain | 52,610 | 2023 | +1.96% | +2.07% | View data |
| 4 | 4 Belgium | 31,430 | 2023 | +1.69% | +2.06% | View data |
| 5 | 5 Netherlands | 28,200 | 2023 | +2.34% | +2.5% | View data |
| 6 | 6 Austria | 14,490 | 2023 | +2.5% | +2.57% | View data |
| 7 | 7 Finland | 7,980 | 2023 | +1.64% | +1.5% | View data |
| 8 | 8 Greece | 6,760 | 2023 | +3.42% | +4.39% | View data |
| 9 | 9 Slovakia | 5,040 | 2023 | +2.51% | +2.12% | View data |
| 10 | 10 Ireland | 3,710 | 2023 | +2.3% | +3.97% | View data |
