European labour costs in warehousing and support activities for transportation reveal significant variation across countries. As of 2023, Germany leads with €37.05 million, followed by France (€16 million) and Italy (€15.88 million). Spain (€9.09 million) and the Netherlands (€6.12 million) follow. Smaller markets include Austria (€3.41 million), Greece (€2.25 million), Finland (€1.51 million), Ireland (€1.05 million), Slovakia (€0.84 million), Slovenia (€0.41 million), and Estonia (€0.35 million).
Year-on-year variations for 2023 indicate notable changes with Germany seeing a 3.03% increase, Greece a significant rise of 4.92%, and Ireland at 4.4%. Notable average annual variations over the past five years include Slovakia at 3.7%, Estonia 3.13%, and Germany 3.03%.
Future trends to watch for include increased labor costs in countries experiencing rapid economic growth and technological advancement in logistics and warehousing, potential policy changes affecting labor markets, and the evolving landscape of e-commerce driving demand for warehousing services.
Top countries in Labour Costs in Warehousing and Support Activities for Transportation Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.05 | 2023 | +2.59% | +3.03% | View data |
| 2 | 2 France | 16 | 2023 | +1.3% | +1.27% | View data |
| 3 | 3 Italy | 15.88 | 2023 | +2.04% | +2.34% | View data |
| 4 | 4 Spain | 9.09 | 2023 | +1.75% | +1.48% | View data |
| 5 | 5 Netherlands | 6.12 | 2023 | +2.28% | +2.13% | View data |
| 6 | 6 Belgium | 6.03 | 2023 | +1.76% | +2.05% | View data |
| 7 | 7 Austria | 3.41 | 2023 | +2.28% | +2.32% | View data |
| 8 | 8 Greece | 2.25 | 2023 | +3.6% | +4.92% | View data |
| 9 | 9 Finland | 1.51 | 2023 | +1.65% | +1.61% | View data |
| 10 | 10 Ireland | 1.05 | 2023 | +2.79% | +4.4% | View data |
