The European Production Volumes of Transportation and Warehousing in 2023 highlight Germany as the leader with a significant value of 363.37 billion Euros, followed by France at 223.44 billion Euros, and Italy at 196.54 billion Euros. The other notable contributors are the Netherlands (87.37 billion Euros) and Belgium (59.82 billion Euros). Smaller economies like Estonia, Luxembourg, and Latvia contribute less than 10 billion Euros each.
Year-on-year variations for 2023 show positive increases across most countries, with Luxembourg, Slovenia, and Greece experiencing the highest growth at 2.08%, 1.88%, and 1.71%, respectively. Meanwhile, Italy and Belgium had the smallest gains at 0.18% and 0.69%, highlighting potential stagnation in these regions.
In terms of future trends, the European transportation and warehousing sector is expected to continue expanding, driven by advancements in logistics technology, increased e-commerce activities, and critical infrastructure investments. Enhanced cooperation among European countries and initiatives to reduce carbon emissions will also play pivotal roles in shaping the sector's growth trajectory.
Top countries in Production Volumes of Transportation and Warehousing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 363,370 | 2023 | +1.34% | +1.25% | View data |
| 2 | 2 France | 223,440 | 2023 | +1.05% | +1.27% | View data |
| 3 | 3 Italy | 196,540 | 2023 | +0.15% | +0.18% | View data |
| 4 | 4 Netherlands | 87,370 | 2023 | +1.36% | +1.35% | View data |
| 5 | 5 Belgium | 59,820 | 2023 | +0.73% | +0.69% | View data |
| 6 | 6 Austria | 38,330 | 2023 | +1.06% | +0.93% | View data |
| 7 | 7 Greece | 33,070 | 2023 | +1.35% | +1.71% | View data |
| 8 | 8 Finland | 25,260 | 2023 | +0.78% | +0.74% | View data |
| 9 | 9 Latvia | 7,350 | 2023 | +1.46% | +1.27% | View data |
| 10 | 10 Slovenia | 7,100 | 2023 | +2.12% | +1.88% | View data |
