In 2023, Germany's beer industry led Europe with wages and salaries reaching 1.66 billion euros, marking a slight 0.21% increase from the previous year. Belgium and Italy saw significant growth, with 8.64% and 12.07% increases respectively. Conversely, the UK experienced a decline of 6.41%. Smaller markets like Iceland showed remarkable growth with a 14.56% increase, while larger markets like France and Spain observed modest increases of 2.9% and 3.57% respectively. The CAGR trend over the past five years indicates steady growth in most European countries, barring slight contractions in the Nordic region.
Future trends to watch include the impact of economic recovery post-pandemic, potential shifts in consumer preferences, and the evolving regulatory environment across Europe. Additionally, the trend towards craft and specialty beers may continue to influence wage and salary structures in the beer industry.
Top countries in Beer Wages and Salaries by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 1,660 | 2023 | +1.55% | +0.21% | View data |
2 | 2 Belgium | 589.5 | 2023 | +11.35% | +8.64% | View data |
3 | 3 Spain | 540 | 2023 | +2.16% | +3.57% | View data |
4 | 4 United Kingdom | 360.3 | 2023 | -4.96% | -6.41% | View data |
5 | 5 France | 324.8 | 2023 | +6.11% | +2.9% | View data |
6 | 6 Italy | 299.6 | 2023 | +15.63% | +12.07% | View data |
7 | 7 Poland | 224.2 | 2023 | +1.72% | +2.59% | View data |
8 | 8 Austria | 212.6 | 2023 | +1.24% | +0.36% | View data |
9 | 9 Romania | 131.4 | 2023 | +2.74% | +5.13% | View data |
10 | 10 Norway | 108.8 | 2023 | +1.02% | -1.48% | View data |