In 2023, France led the European wine wages and salaries with 1.46 billion euros, followed by Spain at 0.8145 billion euros and Italy at 0.714 billion euros. Notable year-on-year growth was observed in France (10.43%), while other countries like Bulgaria (8.49%) and Denmark (8.45%) also showed significant increases. Croatia and Greece experienced declines of 2.22% and 1.99%, respectively. Over the past five years, France's compound annual growth rate (CAGR) indicated a robust trend in increasing wages and salaries in the wine sector.
Future trends to monitor include potential market expansions in Eastern European countries and whether established wine-industry nations like France and Italy continue their growth trajectories, possibly influenced by economic shifts and labor market changes. Additionally, observing the impact of sustainability and technology-driven efficiencies on wages will be crucial.
Top countries in Wine Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,460 | 2023 | +5.03% | +10.43% | View data |
| 2 | 2 Spain | 814.5 | 2023 | +1.15% | +2.18% | View data |
| 3 | 3 Italy | 714 | 2023 | +2.51% | +2.31% | View data |
| 4 | 4 Germany | 235.6 | 2023 | +2.66% | +4.46% | View data |
| 5 | 5 Portugal | 173.9 | 2023 | +0.35% | +1.69% | View data |
| 6 | 6 Greece | 45.4 | 2023 | +0.22% | -1.99% | View data |
| 7 | 7 Hungary | 44.6 | 2023 | +1.83% | +2.1% | View data |
| 8 | 8 Romania | 37.6 | 2023 | +5.62% | +3.15% | View data |
| 9 | 9 Bulgaria | 28.4 | 2023 | +12.25% | +8.49% | View data |
| 10 | 10 Austria | 27.7 | 2023 | +6.54% | +3.7% | View data |
