Public refrigerated warehouse (PRW) storage capacity is increasing around the world, according to the International Association of Refrigerated Warehouses (IARW) Global Cold Storage Capacity Report. IARW has collected data for the 2008 report from over 40 countries, more than ever before. The numbers suggest a worldwide trend toward increasing cold storage capacity driven by a greater reliance on the cold chain to meet growing trade and consumption rates of perishable products.

 

Overall global capacity in 2008 is approximately 247,77 million cubic meters. Looking at the countries of the European Union, with 13,4 million cubic meters of cold storage capacity, Germany ranks first. The Netherlands comes in second, with 12,6 million cubic meters, followed by France and Spain with respectively 8,5 and 8,2 million cubic meters. When looking at the European continent as a whole, Russia tops the list with a current capacity of 16 million cubic meters. “The cold storage industry is continuing to grow rapidly around the world,” notes IARW European Director Theo van Sambeeck. Data in the report pertains primarily to public refrigerated warehouse capacity. However, the definition of public and private warehouses differs from country to country. Furthermore, in some cases, the available data did not clearly distinguish between public and private facilities in a country. All this can have a significant impact on the data and must be taken into account when comparing national markets. It is also important to note that today’s dynamic distribution logistics systems rely on information technology, cross-docking and other methods to achieve higher velocity and reduced storage times. As a result, growth in the use of PRW space is even greater than it appears based on a straightforward review of capacities.

 

Also, the European Division of the International Association of Refrigerated Warehouses (IARW) invites ALL European public refrigerated warehouse and cold store operators (member and non-member) to participate in the first European Operational Warehouse Expenses Benchmarking Study. According to the association’s press release, the goal of this survey is to give participants better insight into operational costs throughout the European cold storage industry. Participants in this study will automatically receive a full report by September 25, free of charge, which will give them the opportunity to benchmark their company performance with the European cold storage industry. The benchmarking study is available online at www.iarw.org/hq/aboutus/financials_europe.asp and closes on September 4, 2008.