In 2023, the European Wood, Wood Products, and Cork sector saw diverse trends across countries. Germany, Switzerland, and the Netherlands experienced positive growth in wages and salaries, while Finland, Sweden, and Greece faced declines. Lithuania showed notable growth. Central and Eastern European countries like Poland, Czech Republic, and Slovakia saw moderate increases. Nordic countries exhibited mixed performances, with Norway's salary share slightly declining.
Future trends point to potential shifts as countries adjust to economic changes. Monitoring wage growth momentum in Lithuania and the Netherlands may offer insights into labor market dynamics. Economic conditions and sustainability policies could impact the sector's workforce expenses across Europe.
Top countries in Wood, Wood Products and Cork Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.99 | 2023 | +3.13% | +5.45% | View data |
| 2 | 2 Switzerland | 10.05 | 2023 | +2.3% | +3.64% | View data |
| 3 | 3 United Kingdom | 7.69 | 2023 | +0.43% | +0.58% | View data |
| 4 | 4 France | 7.54 | 2023 | -0.039% | -0.14% | View data |
| 5 | 5 Italy | 6.75 | 2023 | +3.18% | +0.32% | View data |
| 6 | 6 Austria | 5.75 | 2023 | +1.69% | +1.9% | View data |
| 7 | 7 Poland | 5.51 | 2023 | +2.17% | +3.66% | View data |
| 8 | 8 Sweden | 4.93 | 2023 | -0.13% | -1.16% | View data |
| 9 | 9 Spain | 4.36 | 2023 | -0.17% | +0.046% | View data |
| 10 | 10 Finland | 2.89 | 2023 | -0.044% | -2.07% | View data |
