Germany remains the leader in European warehousing and support activities for transportation, with a slight growth of 2.76% in 2023. The United Kingdom and Italy follow, each showing modest growth near 2%. France, however, saw a decline of 4.48% last year, while Poland and Romania exhibited the strongest growth among major economies, each at 4.29%. Noteworthy is Bosnia and Herzegovina's sharp increase of 14.87%, countering Iceland's significant drop of 14.86%. Countries like Spain, the Netherlands, and Sweden showed positive, albeit lower, growth rates, maintaining stability in the market.
Future trends to watch include the expected continued growth in Eastern European countries like Poland, Romania, and Croatia, driven by increased investment in infrastructure and logistics capabilities. Conversely, Western European countries may see slower growth due to market saturation but could benefit from innovations in technology and sustainability initiatives in the sector.
Top countries in Production Value of Warehousing and Support Activities for Transportation Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.9 | 2023 | +2.28% | +2.76% | View data |
| 2 | 2 United Kingdom | 15.22 | 2023 | +1.29% | +1.45% | View data |
| 3 | 3 Italy | 12.65 | 2023 | +4.27% | +2.12% | View data |
| 4 | 4 France | 9.37 | 2023 | -5% | -4.48% | View data |
| 5 | 5 Netherlands | 7.05 | 2023 | +11.16% | +2.14% | View data |
| 6 | 6 Spain | 6.86 | 2023 | +5.18% | +1.73% | View data |
| 7 | 7 Belgium | 3.4 | 2023 | -3.06% | -1.56% | View data |
| 8 | 8 Poland | 3.25 | 2023 | +4.49% | +4.29% | View data |
| 9 | 9 Sweden | 3.22 | 2023 | +2.44% | +1.02% | View data |
| 10 | 10 Switzerland | 3.01 | 2023 | +4.96% | +3.53% | View data |
