European Turnover Per Employee of Warehousing and Storage by Country

In 2023, the highest turnover per employee in the warehousing and storage sector was observed in the Netherlands with 350.2 thousand euros, followed closely by Portugal at 349.2 thousand euros, and Switzerland at 310.1 thousand euros. Austria and Norway also featured high values at 297.2 and 216.8 thousand euros, respectively. However, countries like Hungary (32.0 thousand euros), Latvia (49.7 thousand euros), and Croatia (50.9 thousand euros) reported the lowest turnover per employee, highlighting a significant disparity in efficiency and productivity across Europe.

Overall, the data exhibits a nil variation in year-on-year changes, implying stability in these figures over the last couple of years. The average variation per year over the last five years, or CAGR, shows modest growth or stagnation in most countries, suggesting that the sector has not experienced rapid changes recently.

Future trends to watch for include advancements in technology and automation in warehousing, potential shifts in supply chain dynamics due to geopolitical factors, and sustainability initiatives that could alter operational efficiencies. Increasing adoption of digital solutions could potentially boost productivity and turnover per employee in the coming years across Europe.