The European Veneer Sheets and Wood-Based Panels industry exhibits significant wage and salary disparities among countries. As of 2023, Germany leads with 759.6 million euros, considerably higher than other countries. Finland, Austria, and Italy follow at substantial but lower volumes. Notably, Greece and Serbia show the lowest wage expenditure. Year-on-year variations indicate growth in Austria and Belgium, with Croatia seeing a remarkable increase. Conversely, Greece and Norway experienced declines. Over the past five years, the average variation suggests stable growth across most countries, highlighting robust sectoral shifts.
Future trends to watch include potential economic shifts influencing wages, technological advancements in manufacturing affecting labor costs, and policy changes regarding labor regulations. Monitoring these factors will provide insights into the evolving landscape of the European wood industry.
Top countries in Veneer Sheets and Wood-Based Panels Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 759.6 | 2023 | +1.74% | +1.35% | View data |
| 2 | 2 Finland | 279 | 2023 | +3.68% | +2.07% | View data |
| 3 | 3 Austria | 264.6 | 2023 | +3.68% | +3.57% | View data |
| 4 | 4 Italy | 254.2 | 2023 | +0.83% | +2.97% | View data |
| 5 | 5 Poland | 223.8 | 2023 | +2.61% | +1.75% | View data |
| 6 | 6 Spain | 218.7 | 2023 | +0.23% | -0.23% | View data |
| 7 | 7 Belgium | 180 | 2023 | +3.15% | +4.2% | View data |
| 8 | 8 France | 173.4 | 2023 | -0.29% | -0.081% | View data |
| 9 | 9 Romania | 84.6 | 2023 | +3.17% | +1.82% | View data |
| 10 | 10 Croatia | 52.9 | 2023 | +15% | +19.95% | View data |
