The turnover of warehousing and storage in Europe displays significant disparities among countries. The United Kingdom leads substantially in 2024 with a value of 32.11 billion Euros, followed by Germany at 15.83 billion Euros, and the Netherlands at 9.75 billion Euros. France, Belgium, and Spain show more moderate figures, ranging from 5.88 to 4.75 billion Euros. Smaller economies like Austria, Estonia, and Iceland have the lowest turnovers, each under 1 billion Euros.
Year-on-year variations reveal notable trends: Poland (13.49%), the Netherlands (12.67%), and Portugal (8.06%) experienced significant growth in 2023. Finland, Norway, Greece, Lithuania, Slovenia, and Iceland have shown a downturn in turnover, suggesting potential challenges in these markets. Meanwhile, countries like Cyprus, Switzerland, and Romania displayed moderate growth.
Future trends to watch in the European warehousing and storage sector include the impact of increasing e-commerce on demand for logistics services and technological advancements for enhancing operational efficiency. Potential supply chain disruptions due to geopolitical tensions and economic shifts will also be critical in shaping the turnover in various regions.
Top countries in Turnover of Warehousing and Storage by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32,110 | 2023 | +2.93% | +4.2% | View data |
| 2 | 2 Germany | 15,830 | 2023 | +7.38% | +5.62% | View data |
| 3 | 3 Netherlands | 9,750 | 2023 | +8.97% | +12.67% | View data |
| 4 | 4 France | 5,880 | 2023 | -2.29% | +1.18% | View data |
| 5 | 5 Belgium | 4,970 | 2023 | +6.21% | +4.39% | View data |
| 6 | 6 Spain | 4,750 | 2023 | +2.72% | +1.95% | View data |
| 7 | 7 Poland | 3,850 | 2023 | +6.2% | +13.49% | View data |
| 8 | 8 Italy | 3,810 | 2023 | +0.24% | +0.54% | View data |
| 9 | 9 Czech Republic | 3,310 | 2023 | +5.8% | +0.54% | View data |
| 10 | 10 Portugal | 1,940 | 2023 | +14.26% | +8.06% | View data |
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