The European forestry and logging sector shows significant variation in wages and salaries by country as of 2023. Germany leads with 902 million euros, exhibiting a modest 0.13% increase from the previous year. Italy shows a strong performance at 661.08 million euros with a 2.28% rise. Finland, at 449 million euros, grows by 0.73%. Spain and Austria, valued at 259 and 257.01 million euros respectively, indicate slight growth. Smaller markets like Slovakia, Estonia, and the Netherlands also experienced positive trends, with Greece at 3.37% showing notable growth. Belgium and Luxembourg remain unchanged on the lower spectrum.
Future trends to monitor include:
- Technological advancements and sustainability practices potentially reshaping the industry.
- The influence of EU regulatory changes on operational costs and wage structures.
- Demographic shifts affecting labor supply in the forestry sector.
- Macroeconomic factors, including inflation and economic growth, influencing wage evolution.
Top countries in Wages and Salaries in Forestry and Logging by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 902 | 2023 | -0.11% | +0.13% | View data |
| 2 | 2 Italy | 661.08 | 2023 | +1.89% | +2.28% | View data |
| 3 | 3 Finland | 449 | 2023 | +0.9% | +0.73% | View data |
| 4 | 4 Spain | 259 | 2023 | +0.78% | +0.23% | View data |
| 5 | 5 Austria | 257.01 | 2023 | +1.75% | +1.69% | View data |
| 6 | 6 Slovakia | 126.16 | 2023 | +1.37% | +1.42% | View data |
| 7 | 7 Estonia | 89.1 | 2023 | +3.24% | +3.04% | View data |
| 8 | 8 Netherlands | 89 | 2023 | +1.14% | +1.65% | View data |
| 9 | 9 Ireland | 58.41 | 2023 | -0.46% | +0.18% | View data |
| 10 | 10 Greece | 36.67 | 2023 | +3.56% | +3.37% | View data |
