In 2023, Germany leads European cereal products wages and salaries with €7.52 billion, closely followed by France at €6.19 billion. Italy and the UK also report significant figures, while Switzerland maintains the least among the top contributors. Throughout 2023, noticeable growth in wages and salaries was observed in Romania, Portugal, and Serbia, with Serbia leading at a 10.12% increase. Notable declines occurred in Switzerland and Iceland. Year-on-year analyses show variations largely due to economic factors and sectoral employment trends.
Future trends to monitor include potential increases driven by technological advancements, labor market dynamics, and European agricultural policies. The growing attention on sustainable practices could also affect payroll adjustments across countries. Watching geopolitical influences and changing consumer preferences will be essential for anticipating further impacts on wages and salaries in this sector.
Top countries in Cereal Products Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,520 | 2023 | +1.64% | +0.19% | View data |
| 2 | 2 France | 6,190 | 2023 | +2.48% | +2.18% | View data |
| 3 | 3 Italy | 2,750 | 2023 | +1.28% | +0.6% | View data |
| 4 | 4 United Kingdom | 2,570 | 2023 | +0.047% | +0.42% | View data |
| 5 | 5 Spain | 1,670 | 2023 | +0.97% | +0.39% | View data |
| 6 | 6 Switzerland | 1,200 | 2023 | -1.63% | -0.62% | View data |
| 7 | 7 Netherlands | 1,030 | 2023 | +2.02% | +1.67% | View data |
| 8 | 8 Poland | 1,010 | 2023 | +3.16% | +2.83% | View data |
| 9 | 9 Austria | 844.3 | 2023 | +2.04% | +1.4% | View data |
| 10 | 10 Belgium | 711.3 | 2023 | +2.01% | +0.95% | View data |
