In 2023, Germany led the European cocoa, chocolate, and sugar confectionery sector in wages and salaries with a substantial share of €28.58 million, marking a year-on-year growth of 6.2%. Italy, the United Kingdom, and France followed, while Poland exhibited a remarkable growth rate of 9.83%. Conversely, Spain, Norway, and Cyprus saw a decline in their shares. Emerging markets like Romania and Serbia showed significant upward trends with growth rates of 8.76% and 10.81% respectively, signaling robust developments.
Looking ahead, attention should be paid to Central and Eastern European countries, which could continue to gain share, driven by labor market dynamics and industry investment. Moreover, the impact of automation and sustainability on wages across the industry warrants close observation.
Top countries in Cocoa, Chocolate and Sugar Confectionery Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.58 | 2023 | +4.88% | +6.2% | View data |
| 2 | 2 Italy | 12.13 | 2023 | +1.52% | +1.03% | View data |
| 3 | 3 United Kingdom | 11.58 | 2023 | +0.17% | +1.72% | View data |
| 4 | 4 France | 8.74 | 2023 | +0.34% | +2.66% | View data |
| 5 | 5 Belgium | 7.2 | 2023 | +1.98% | +2.5% | View data |
| 6 | 6 Netherlands | 6.23 | 2023 | +2.25% | +2.61% | View data |
| 7 | 7 Poland | 6.02 | 2023 | +3.67% | +9.83% | View data |
| 8 | 8 Spain | 4.99 | 2023 | -2.93% | -1.74% | View data |
| 9 | 9 Austria | 1.69 | 2023 | +3.13% | +5.89% | View data |
| 10 | 10 Denmark | 1.65 | 2023 | +0.094% | -0.13% | View data |
