Europe Courier, Express, and Parcel (CEP) Market Trends

Statistics for the 2023 & 2024 Europe Courier, Express, and Parcel (CEP) market trends, created by Mordor Intelligence™ Industry Reports. Europe Courier, Express, and Parcel (CEP) trend report includes a market forecast to 2030 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of europe courier, express, and parcel (cep) Industry

European Union allocated USD 5.77 billion to 135 transportation projects to boost economic recovery

  • To boost transport and storage sector GDP in Europe, various green investments have been adopted. The EU needs USD 663 billion more each year from 2020 to 2030 for climate goals. Transitioning to green practices is a big investment challenge. Climate change costs much more than this transition. The EU Green Deal Industrial Plan, introduced in early 2023, is a promising initiative aimed at speeding up the energy transition and reducing carbon emissions in Europe's industry.
  • In 2022, Germany prioritized rail investment over roads, with roughly USD 14.54 billion invested in rail infrastructure by Deutsche Bahn and various government levels. Several German states are partnering with DB to modernize their rail networks by 2030. In 2022, the EU also approved USD 5.77 billion for 135 transport projects aimed at post-pandemic recovery, improved transport links, sustainable transportation, safety enhancements, and job creation. These projects are part of the Trans-European Transport Network (TEN-T), aligning with the EU's goals for completing transport networks by 2030 and 2050 while supporting climate objectives.
  • In April 2024, the European Commission announced a funding of USD 453.38 million to enhance the EU's alternative fuel infrastructure, crucial for promoting electric and hydrogen vehicles. This funding will back 42 projects within the Alternative Fuels Infrastructure Facility (AFIF) under the Connecting Europe Facility (CEF), aimed at developing European transport infrastructure. With a total budget of USD 1.06 billion allocated for 2024-2025, AFIF supports projects by combining CEF grants and financial institution assistance. The funding will facilitate the installation of 4,200 EV charging points across the TEN-T road network.
Europe Courier, Express, and Parcel (CEP) Market

Since February 2023, there has been a ban on imports from Russia, while diesel imports hiked from the Middle East, Asia, and North America

  • In 2023, Europe saw a drop in diesel prices as Russia, its main diesel supplier, faced a ban on petroleum product imports starting in February 2023. This led to a 96% decrease in Russia's diesel exports to Europe compared to 2022. From February 2023 through May 2023, diesel exports to Europe increased by 51% (160,000 b/d) from the Middle East, by 97% (147,000 b/d) from Asia, and by 65% (47,000 b/d) from North America. In 2023, Europe imported more refined oil from India, coinciding with India's higher imports of Russian crude oil. This suggests that European consumers likely received Russian oil products via India despite sanctions over the Ukraine situation.
  • In France, the year 2023 ended with a liter of SP95-E10 priced at USD 1.96 and diesel at USD 1.93. TotalEnergies (the French oil company giant) announced that it would keep a USD 2.12 /liter cap on French fuel prices throughout 2024. In 2023, gas consumption in Germany dropped by 5% YoY. While compared to the average consumption during 2018-2021, gas demand in Germany fell by 17.5%. The average cost of petrol at UK forecourts has risen to break USD 1.80/ liter since the start of 2023, and diesel cost has risen to USD 1.83 a liter. Spanish fuel prices were lower than in the United Kingdom by about 20 cents per liter for petrol and 40 cents per liter for diesel in January 2023.
  • Denmark is the most expensive country for petrol, and Finland is the most expensive for diesel. Austria has the cheapest petrol, and Spain is the cheapest for diesel. Germany anticipates a fuel price jump from 2027 EU emissions trading. There is expected to be an increase of 38 cents per liter of petrol and around 3 cents per kWh of natural gas at the beginning of 2027 compared to 2026.
Europe Courier, Express, and Parcel (CEP) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Labor shortages in the region are anticipated to rise due to the aging population
  • The construction industry requires around 1.5 million additional workers between 2023 and 2030
  • The e-commerce users across Europe are projected to grow from 540 million in 2023 to 586 million in 2027
  • The French government aims to increase the number of export firms to 200,000 by 2030, from 150,00 in 2023
  • European countries were among the top rankers of the global LPI in 2023 due to infrastructure and trade connectivity
  • The manufacturing sector is driving European economies on the back of massive investments from public and private players
  • An increase in prices is largely attributable to energy supply disruptions caused by the Russia-Ukraine War
  • The rise in additive manufacturing in the region is expected to boost the manufacturing industry
  • European Union is expected to import 1.2 million Chinese-made Battery Electric Vehicles by 2030
  • European countries have the highest rank in infra development, fueling investment for roads and modernizing its rail network

Europe Courier, Express, and Parcel (CEP) Market Report Snapshots