Home to about 9.78% of the worlds population, Europe has been one of the fastest-growing e-commerce markets in the world. More specifically for cross-border e-commerce, 2021 saw great numbers in Europe; the region's market was valued at €12,710M last year, with Germany representing approximately 28.5% of the total market share. A Eurostat survey also found that 32% of the region's shoppers purchased goods from other EU nations online in the past year.
With this in mind, our media partner, Parcel Monitor, took a closer look at how Europe's cross-border logistics has evolved over the past year. Who were the top 3 countries of origin for all international parcels coming to Europe? How does the growth of domestic parcels compare to that of international ones?
Other highlights of the study include:
Most European countries saw a rise in imported parcels in Q1 2022.
As opposed to most of Europe, France and the United Kingdom witnessed a higher growth in domestic shipments than their international ones.
The majority of parcels entering Europe can be traced back to Canada, China, and the United States.
Check out the full article by Parcel Monitor here!