In 2023, Germany leads in European light metals casting wages with a substantial €1.57 billion, followed by Italy and France. Only Germany, Italy, and the United Kingdom show growth above 1% year-on-year, with Romania and Bulgaria experiencing remarkable increases of 8.73% and 17.37%, respectively. Countries like France and Bosnia show declines in their wage structures, suggesting potential market shifts or economic challenges.
Future wages and salaries in light metals casting will be influenced by automation, energy costs, and skilled labor availability. Germany will likely maintain its leadership, but Eastern Europe may see increased competitiveness due to lower costs and rising investments.
Top countries in Light Metals Casting Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,570 | 2023 | +5.83% | +1.35% | View data |
| 2 | 2 Italy | 386.7 | 2023 | +9.05% | +1.97% | View data |
| 3 | 3 France | 282.1 | 2023 | +3.52% | -2.47% | View data |
| 4 | 4 Austria | 231 | 2023 | +2.53% | +0.2% | View data |
| 5 | 5 United Kingdom | 167.6 | 2023 | +1.27% | +2.08% | View data |
| 6 | 6 Spain | 143.5 | 2023 | +1.27% | +2.01% | View data |
| 7 | 7 Poland | 134.8 | 2023 | +5.48% | +6.3% | View data |
| 8 | 8 Slovenia | 117.7 | 2023 | +9.18% | +4.47% | View data |
| 9 | 9 Hungary | 100.9 | 2023 | +4.99% | +1.78% | View data |
| 10 | 10 Czech Republic | 93.5 | 2023 | +4.94% | +2.56% | View data |
