The European wages and salaries in the watch, clock, and jewelry repair sector show a stark disparity among countries. The United Kingdom leads significantly in this sector, followed by France and Spain. In 2023, notable growth was observed in Spain and Latvia, while countries like France and Greece saw declines. Over the past five years, average variations indicate varied trends, with countries like Finland showing positive growth whereas Italy experienced a downturn.
Future trends to watch include potential technological advancements influencing repair processes, which may require skill upgrades, potentially affecting wage distribution across countries. Additionally, economic conditions and demand for luxury goods may further influence this sector's wages.
Top countries in Wages and Salaries of Watches, Clocks and Jewellery Repair by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32.6 | 2023 | +2.84% | +4.39% | View data |
| 2 | 2 France | 15.5 | 2023 | -9.88% | -4.87% | View data |
| 3 | 3 Spain | 9.7 | 2023 | +15.48% | +22.32% | View data |
| 4 | 4 Germany | 8.5 | 2023 | +2.41% | +0.24% | View data |
| 5 | 5 Italy | 3.8 | 2023 | +8.57% | -3.32% | View data |
| 6 | 6 Portugal | 2.3 | 2023 | +9.52% | +0.89% | View data |
| 7 | 7 Poland | 2.3 | 2023 | +4.55% | +1.84% | View data |
| 8 | 8 Sweden | 1.5 | 2023 | +7.14% | +4.56% | View data |
| 9 | 9 Hungary | 1.2 | 2023 | 0% | -1.59% | View data |
| 10 | 10 Romania | 1.1 | 2023 | +10% | +4.1% | View data |
