The European wages and salaries of warehousing and storage show significant variability by country. In 2023, the United Kingdom led the sector, followed by Germany and the Netherlands. Notably, increases in Poland (6.26%) and Lithuania (8.87%) demonstrate growing wage shares in these regions. Conversely, France and Belgium observed declines of -1.09% and -1.96% respectively. Southern European countries such as Greece and Serbia showed marked declines. Overall, the Compound Annual Growth Rate (CAGR) over the past five years indicates steady growth, particularly for Eastern European nations.
Future trends to watch include the impact of automation on wages, the demand for skilled labor, and regional economic policies affecting wage structures. Monitoring economic developments in emerging Eastern European markets will be crucial, as they show promising growth compared to the traditionally dominant Western European countries.
Top countries in Wages and Salaries of Warehousing and Storage Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 39.36 | 2023 | +2.44% | +2.55% | View data |
| 2 | 2 Germany | 16.54 | 2023 | +1.19% | +0.016% | View data |
| 3 | 3 Netherlands | 7.91 | 2023 | +5.54% | +6.01% | View data |
| 4 | 4 Spain | 6.94 | 2023 | +2.51% | +3.54% | View data |
| 5 | 5 France | 6.09 | 2023 | -4.77% | -1.09% | View data |
| 6 | 6 Belgium | 4.21 | 2023 | +0.82% | -1.96% | View data |
| 7 | 7 Italy | 3.95 | 2023 | +0.9% | +2.18% | View data |
| 8 | 8 Poland | 3.45 | 2023 | +5.68% | +6.26% | View data |
| 9 | 9 Switzerland | 2.07 | 2023 | +1.9% | +2.12% | View data |
| 10 | 10 Czech Republic | 1.46 | 2023 | -0.41% | +1.36% | View data |
