Chartbook: In search of Europe’s next logistics star city

Europe’s 100 major cities account for almost 50% of transport & storage GVA in Europe, equating to €536 billion in 2023. By 2028, this figure is projected to rise by 22% to €656 billion, before surpassing €1 trillion in 2050. In our latest European Cities Logistics Chartbook, we share the following insights:

• Sector resilience: The transport & logistics sector displayed some resiliency during 2023. We estimate that growth in the sector slightly outperformed that of GDP over the past year.
• Leading logistics hubs: Paris and London are Europe’s largest centres for transport & storage, collectively generating €55.1 billion in GVA in 2023. As a share of total GDP, Copenhagen’s economy is the most reliant on the logistics sector.
• The biggest climber: Warsaw will be Europe’s biggest climber. It is currently Europe’s 17th largest logistics centre for GVA. But by 2050, the Polish capital will sit in 3rd place.
• Risks for Europe’s logistics centres: There are, however, several challenges facing Europe’s logistics hubs, including efficiency disruptions from recent onshoring trends, labour shortages in cities, and the need to decarbonise.