The European transportation and storage market exhibits substantial variability in turnover among countries. As of 2023, Germany dominates with a turnover of 360.19 billion Euros, followed by the UK, France, Italy, and Spain, indicating a concentration of market activity in Western Europe. Notably, Switzerland and Poland show considerable growth with respective increases of 3.52% and 3.01% year-on-year, whereas Czech Republic and Iceland faced declines, with Iceland experiencing a significant reduction of 18.85%.
Looking forward, the market is expected to see continued growth driven by technological advancements and sustainability initiatives, although economic fluctuations may influence individual country performances. Close attention should be paid to emerging markets like Serbia and Malta, which have shown remarkable year-on-year growth, suggesting potential shifts in regional dynamics.
Top countries in Turnover of Transportation and Storage by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 360,190 | 2023 | +2.22% | +1.12% | View data |
| 2 | 2 United Kingdom | 238,370 | 2023 | +1.3% | +1.33% | View data |
| 3 | 3 France | 236,880 | 2023 | +4.34% | +1.78% | View data |
| 4 | 4 Italy | 164,210 | 2023 | +4.37% | +0.33% | View data |
| 5 | 5 Spain | 123,090 | 2023 | +3.98% | +1.14% | View data |
| 6 | 6 Netherlands | 94,930 | 2023 | +1.41% | +0.8% | View data |
| 7 | 7 Switzerland | 75,390 | 2023 | +2.9% | +3.52% | View data |
| 8 | 8 Poland | 74,110 | 2023 | +3.49% | +3.01% | View data |
| 9 | 9 Denmark | 58,820 | 2023 | +1.32% | +0.3% | View data |
| 10 | 10 Belgium | 54,210 | 2023 | +3.78% | +3.08% | View data |
