In the European Pulp, Paper, and Paperboard industry, Germany and Sweden led in wages and salaries expenditure with €2.16 billion and €1.08 billion respectively, in 2023. Notably, Finland and France also registered high expenditures at €0.9558 billion and €0.6632 billion. Observing year-on-year changes, notable increases were witnessed in Portugal (12.79%), Ireland (15.11%), and Lithuania (9.41%). Conversely, significant declines occurred in the United Kingdom (-4.19%), France (-2.66%), and Norway (-2.35%). Over the last five years, Poland, Portugal, and Ireland have shown robust growth, while Finland, Italy, and Romania encountered downturns.
Future trends to watch include the potential impact of automation and digitalization on wage expenses, evolving regulatory policies, and their effects on labor costs, as well as economic fluctuations which might shift wage patterns significantly across European countries.
Top countries in Pulp, Paper and Paperboard Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,160 | 2023 | +1.42% | +1.52% | View data |
| 2 | 2 Sweden | 1,080 | 2023 | +0.14% | +1.59% | View data |
| 3 | 3 Finland | 955.8 | 2023 | -0.21% | -0.32% | View data |
| 4 | 4 France | 663.2 | 2023 | +2.6% | -2.66% | View data |
| 5 | 5 Austria | 570.4 | 2023 | +2.17% | +2.78% | View data |
| 6 | 6 Italy | 430.4 | 2023 | -0.16% | -0.4% | View data |
| 7 | 7 Spain | 409.9 | 2023 | -0.22% | +0.71% | View data |
| 8 | 8 Poland | 275.8 | 2023 | +7.48% | +10.36% | View data |
| 9 | 9 United Kingdom | 257 | 2023 | -3.64% | -4.19% | View data |
| 10 | 10 Netherlands | 230.9 | 2023 | +1.14% | +1.39% | View data |
