Logistics real estate is much more than the distribution of goods: it is an essential link in the global economy and a crucial part of the modern supply chain. But how many products (and with what value) are transported through Prologis distribution centers worldwide?
Prologis has recently published a study, produced in collaboration with consulting firm Oxford Economics, that looks at the economic impact of Prologis' global operations: "The Future Flow of Goods." This is measured by warehouse throughput (value of goods that have come into contact with a Prologis warehouses in one year).
Main Dutch results
- 6.7% of GDP in the Netherlands consists of goods that have been in a Prologis warehouse in 2022.
- These goods have a value of $68 billion.
- Direct employment created by Prologis NL increased by 25% compared to 2020 to 29,648 people.
Main European results
- 3.1% of the GDP of the 12 European countries where Prologis operates consists of goods that have been in a Prologis warehouse in 2022.
- These goods have a value of $541 billion.
- Some 236,094 people work at Prologis EU: a 19% increase over 2020.
Key global results
- 2.8% of global GDP consists of goods that have been in a Prologis warehouse in 2022: an increase of 0.3% compared to 2020.
- These goods have a value of $2.7 trillion: up 23% from 2020.
- Approximately 1.1 million people work at Prologis: a 25% increase over 2020.
The research measures how Prologis' business operations and the activities of its customers contribute to the global economy, measured by looking at activity in the warehouses (direct impact), the supply chain that supports the activity (indirect impact) and economic activity as a result of paying those who are directly and indirectly employed by Prologis (induced impact).
Read the full report here.