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Analysis of Logistics Sector in the European Union

The logistics sector is one of the European Union's rapidly evolving sectors of the economy. Data of the period between 2011-2016, reveals that there is a 9% growth in the number of companies in the logistics sector with a turnover increase of 16.3%. The market structure consists mainly of micro-companies (the relative share of companies with 1-9 person is about 58-59% and those with 2-9 persons employed- 31-32%), resulting in a total share of between 90 and 91%. Moreover, the overall share of the leading 5 countries (Germany, United Kingdom, France, Italy, and Spain) in gross value added in the sector is extremely high and reaches its peak in 2014-15 to 70.9%. The industrial dynamics in the sector are also examined through the difference between the share of entry and exit rates of the enterprises. For the first two years, this difference is negative; however, starting in 2014, we see a positive increase, reaching its peak of 3.3% in 2016.