Europe Customs Brokerage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers European Customs Brokers and the Market is Segmented by Mode of Transport (Sea, Air and Cross-Border Land Transport) and by Geography (Germany, United Kingdom, France, Netherlands, Italy and the Rest of Europe)

Europe Customs Brokerage Market Size

Europe Customs Brokerage Industry Summary
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Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 27.22 Billion
Market Size (2029) USD 38.19 Billion
CAGR (2024 - 2029) 5.81 %
Market Concentration Low

Major Players

Europe Customs Brokerage Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Customs Brokerage Market Analysis

The Europe Customs Brokerage Market size is estimated at USD 27.22 billion in 2024, and is expected to reach USD 38.19 billion by 2029, growing at a CAGR of 5.81% during the forecast period (2024-2029).

  • The volume of EU goods exports and imports decreased in Q3 2023, with a decrease of 4.6% (YoY) and 1.2% (RuY), respectively, compared to Q1 2023. The volume of EU exports in goods decreased for a third consecutive quarter, while imports decreased for a fourth consecutive quarter.
  • The surplus in the EU's trade balance remained at around EUR 18 billion (USD 19.75 billion), with a surplus of EUR 6.9 billion (USD 7.57 billion)recorded in Q3 2021.
  • Other manufactured goods imports decreased by EUR 6.6 billion (USD 7.24 billion) in the Q3 of 2023 compared to the Q2 of 2023, followed by machinery and vehicles at EUR 6.2 billion(USD 6.80 billion) and energy at EUR 4.7 billion(USD 5.16 billion).
  • Exports decreased in the machinery and vehicles group by EUR 6.9 billion (USD 7.57 billion) and in the other manufactured goods group by EUR 2.7 billion(USD 2.96 billion). At the same time, energy and chemicals increased by EUR 3.4 billion (USD 3.73 billion) and EUR 3.2 billion(USD 3.51 billion), respectively.
  • In the energy sector, the trade deficit has been on a declining trend since Q3 of 2022, when it reached a record low of -EUR 193.8 billion (USD 212.65 billion). The main reason for this was falling energy prices in Q3 of 2023, which contributed to the decrease in the trade deficit.

Europe Customs Brokerage Market Trends

Germany Driving the Growth of the Market

  • In addition to having the biggest economy in Europe and the fourth-largest economy in the world, Germany is the third-largest producer in the world.
  • After adjusting for calendar and seasonality, the volume of goods exported by Germany totaled EUR 126,5 billion (USD 138.63 billion), and the volume of goods imported totaled EUR 110,0 billion (USD 120.55 billion) in September 2022.
  • The trade balance recorded a surplus of EUR 16,5 billion in September 2022 compared with a surplus of EUR 17,7 billion (USD 19.40 billion) recorded in August 2022 and EUR 5,0 billion (USD 5.48 billion) recorded in September 2022.
  • Germany exported goods to the EU Member States in September 2023 worth EUR 69.8 billion while importing goods from these countries worth EUR 58.7 billion (USD 64.19 billion). Calendar and seasonally adjusted, exports to EU countries decreased by 2.1%, while imports decreased by 2.6% compared to August 2023.
  • In September 2023, the value of goods exported to euro-zone countries totaled EUR 48.8 billion (USD 53.48 billion) (-2.4%), while the value of goods imported from euro-area countries totaled EUR 38.9 billion (USD 42.63 billion) (-3.4%). On the other hand, goods to the EU were exported worth EUR 20.9 billion (USD 22.90 billion) (-1.3%), while the value of imports from non-euro-zone countries was EUR 19.8 billion (USD 21.70 billion) (-0.2%).
  • The volume of goods exported to third countries outside the European Union (EU) totaled EUR 56.7 billion (USD 62.14 billion in September 2022, while imports totaled EUR 51.3 billion (USD 56.22 billion), both calendar- and seasonally-adjusted. Compared to August 2022, third-country exports decreased by EUR 2,8 billion (USD 3.07 billion), while imports decreased by EUR 0,6 billion (USD 0.66 billion).
  • The majority of German exports were made to the United States. After adjusting for seasonal and calendar adjustments, the value of goods exports to the US decreased by EUR 4,0 billion (USD 4.38 billion) compared to August 2022, with exports to the US dropping to EUR 12.8 billion (USD 13.57 billion). The volume of goods exports to China decreased by EUR 7.3 billion (USD 8 billion) to EUR 7.7 billion (USD 8.44 billion). In contrast, exports to the UK increased by EUR 2.3 billion (USD 2.3 billion) to EUR 6.7 billion (USD 7.34 billion).
  • In September 2023, the People’s Republic of China accounted for the majority of imports, with goods valued at EUR 13,0 billion (USD 14.25 billion). After calendar and seasonal adjustments, this represents a decrease of EUR 0.7 billion (USD 0.77 billion) compared to the previous month. The United States increased imports by EUR 0.5 billion (USD 0.55 billion) to EUR 7.7 billion (USD 8.44 billion).
  • The United Kingdom increased imports by EUR 5.2 billion (USD 5.70 Billion) to EUR 3,2 billion (USD 3.51 billion) in the same month. On the other hand, imports from the Russian Federation decreased by EUR 11.2 billion (USD 12.27 billion) in September 2023, compared to a decrease of EUR 11.4 billion (USD 12.49 billion) in the month before. Compared to the month before, exports to Russia decreased by EUR 41.7 billion (USD 45.70 billion). At the same time, imports from Russia increased by EUR 7.5 billion (USD 8.22 billion) from the month before and decreased by EUR 89.4 billion (USD 97.97 billion) compared to the month before.
Europe Customs Brokerage Market -Product Imports, Value in USD Brillion, Germany, 2012-2022

Sea Transport Dominates the Market

  • Shipping has long been a key driver of economic growth and prosperity for Europe. Maritime Transport facilitates trade and links between all European countries. Energy, food, and commodity supply are safeguarded, and maritime transport is the main means of import and export into the EU and beyond.
  • Seaborne accounts for almost 90% of external freight trade in the EU, and short sea shipping accounts for one-third of EU exchanges in ton-kilometres. Good maritime transport services are essential for the quality of life in Europe's islands and peripheral maritime regions.
  • Over 400 million passengers arrive and leave at European ports each year. In general, maritime industries provide employment and income to the European economy.
  • EU ports handled 3,5 billion tonnes of goods in 2022, which is slightly higher than in 2021 (-0.8% YoY). After a significant drop in 2020, which is most likely due to the pandemic and restrictions imposed across the EU and globally, the levels in 2022 are slightly lower than in 2018.
  • EU port freight activity showed a positive trend since 2014, suggesting a slight recovery after the 2009 economic crisis. After a drop in the first quarter of 2021 when compared to the same quarter in 2020, there was a clear increase in the last three quarters of 2021 and the first two quarters of 2022. However, there was a decrease in activity in the final two quarters of 2022, with a drop in activity (-0.1% YoY in the 3rd quarter and (-2.2%) in the 4th quarter.
  • In terms of maritime freight transport, the Netherlands maintained its position as the largest country in Europe for maritime freight transport in 2022, with the other seven largest ports in Europe being Rotterdam (Netherlands), Antwerp (Bruges), Hamburg (Hamburg), Amsterdam (Amsterdam-Munich), Algeciralas (Harpo[2]) and Marseille (Marseille).
  • In terms of seaborne cargo-to-capita ratios, EU Member States ranged from 33.3 TfC in the Netherlands in 2022 to 3.2 TfC in Poland (Romania) and the EU average of 7.8 TfC in 2022. However, Norway, an EFTA country, had the highest ratio (39.4 TfC) of maritime data reporting countries to Eurostat in 2022.
Europe Custom Brokerage Market - Gross weight of seaborne freight handled in all ports, in tonnes per capita, 2022

Europe Customs Brokerage Industry Overview

The market for customs brokerage in Europe is fragmented in nature. With a large number of customs brokers operating in the market, the competition is high. The major players in the market include DHL Logistics, Maersk Logistics, Kuehne and Nagel Logistics, United Parcel Services, DB Schenker, etc.

The companies have built a strong reputation and have a wide network of clients and partners. They often have extensive experience in handling customs procedures across different European countries, making them a reliable choice for businesses.

Europe Customs Brokerage Market Leaders

  1. DHL Group Logistics

  2. DB Schenker

  3. Kuehne and Nagel

  4. Maersk Logistics

  5. United Parcel Service

*Disclaimer: Major Players sorted in no particular order

Europe Customs Brokerage Market Concentration
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Europe Customs Brokerage Market News

  • December 2023: Kuehne Nagel finalized the acquisition of customs broker Farrow for an undisclosed amount. This strategic move is set to strengthen the company's customs capabilities within the North American market, with a particular focus on improving operations at the US-Canadian and Mexican borders. The transaction is anticipated to be completed in the first quarter of 2024.
  • October 2023: Rock-It Freight Forwarding and Logistics, specializing in the live event, entertainment, sports, and broadcast industry, has successfully acquired customs broker Dell Will. This acquisition is part of Rock-It's strategic plan to accelerate growth in the motorsports sector.

Europe Customs Brokerage Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Market

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Current Market Scenario

    2. 4.2 Government Initiatives and Regulations

    3. 4.3 Supply Chain/Value Chain Analysis

    4. 4.4 Brief on Customs Brokerage as a Freight Forwarding Function

    5. 4.5 Overview of Customs Pricing

    6. 4.6 Insights on Customs Brokerage Services by End-user Industry

    7. 4.7 Impact of COVID-19 on the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Drivers

      1. 5.1.1 Increasing international trade

      2. 5.1.2 Complex custom regulations

    2. 5.2 Restraints

      1. 5.2.1 Regulatory Challenges

      2. 5.2.2 Geopolitical Uncertainity

    3. 5.3 Opportunities

      1. 5.3.1 E-commerce Boom

      2. 5.3.2 Technological Advancements

    4. 5.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 5.4.1 Bargaining Power of Suppliers

      2. 5.4.2 Bargaining Power of Consumers

      3. 5.4.3 Threat of New Entrants

      4. 5.4.4 Threat of Subsititutes

      5. 5.4.5 Intensity of Competitive Rivalry

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Mode Of Transport

      1. 6.1.1 Sea

      2. 6.1.2 Air

      3. 6.1.3 Cross-Border Land Transport

    2. 6.2 By Geography

      1. 6.2.1 Germany

      2. 6.2.2 United Kingdom

      3. 6.2.3 France

      4. 6.2.4 Netherlands

      5. 6.2.5 Italy

      6. 6.2.6 Rest of Europe

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Market Concentration Overview

    2. 7.2 Company Profiles

      1. 7.2.1 DHL Group Logistics

      2. 7.2.2 DB Schenker

      3. 7.2.3 Kuehne and Nagel

      4. 7.2.4 Maersk Logistics

      5. 7.2.5 United Parcel Services

      6. 7.2.6 FedEx

      7. 7.2.7 Rhenus Logistics

      8. 7.2.8 Gerlach Customs

      9. 7.2.9 APL Logistics

      10. 7.2.10 Gaston Schul Logistics*

    3. *List Not Exhaustive
  8. 8. FUTURE OF THE MARKET

  9. 9. APPENDIX

    1. 9.1 Macroeconomic Indicators

    2. 9.2 Insights on capital flow

    3. 9.3 Exports and Import Statistics

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Europe Customs Brokerage Industry Segmentation

Customs brokerage firms facilitate the shipment and delivery of goods across geographical borders for individuals and organizations.

The European customs brokerage market is segmented by mode of transport and geography. By mode of transport, the market is segmented into sea, air, and cross-border land transport, and by geography, the market is segmented by Germany, United Kingdom, France, Netherlands, Italy, and the Rest of Europe. 

The report offers market size and forecasts for the Europe customs brokerage market in value (USD) for all the above segments.

By Mode Of Transport
Sea
Air
Cross-Border Land Transport
By Geography
Germany
United Kingdom
France
Netherlands
Italy
Rest of Europe
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Europe Customs Brokerage Market Research FAQs

The Europe Customs Brokerage Market size is expected to reach USD 27.22 billion in 2024 and grow at a CAGR of 5.81% to reach USD 38.19 billion by 2029.

In 2024, the Europe Customs Brokerage Market size is expected to reach USD 27.22 billion.

DHL Group Logistics, DB Schenker, Kuehne and Nagel, Maersk Logistics and United Parcel Service are the major companies operating in the Europe Customs Brokerage Market.

In 2023, the Europe Customs Brokerage Market size was estimated at USD 25.64 billion. The report covers the Europe Customs Brokerage Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Customs Brokerage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Customs Brokerage Industry Report

Statistics for the 2024 Europe Customs Brokerage market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Customs Brokerage analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Europe Customs Brokerage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)