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).
Key results Belgium
- 2.5% of Belgium's GDP is made up of goods that were in a Prologis warehouse in 2022.
- These goods have a value of 15 billion dollars.
- The direct employment engaged in activities in Prologis warehouses in Belgium in 2022 is 6,585 people, representing an increase of 112% compared to 2020.
Key results Europe
- 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.
- The direct employment engaged in activities in Prologis warehouses in Europe in 2022 is 236,094, representing a 19% increase from 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.
- The 2022 estimated global direct employment in Prologis warehouses is 1,067,975, representing a 25% increase from 2020.
Research methodology
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.