In 2023, the United Kingdom held the largest share of wages and salaries in the European non-electric domestic appliances sector at €23.8 million, exhibiting a slight negative growth of -0.76% compared to the previous year. While France saw a 2.86% growth reaching €20.43 million, Italy maintained a steady growth of 0.62% with €17.55 million, and Spain experienced a minor decline of -0.37%. Notably, Serbia achieved substantial growth with a 14.3% increase. In contrast, Austria faced a significant reduction of -4.82%, and Ireland experienced the steepest decline of -21.4%. Slovenia similarly saw a contraction of -19.73%.
Future trends to watch include continued growth in Eastern Europe, boosted by Serbia's strong 2023 performance and Bulgaria's solid 4.83% increase. Potential factors such as economic conditions, labor market shifts, technological advancements in production, and EU regulations may influence these future developments. Countries poised for positive growth might leverage innovation and investment incentives to further expand their wages and salaries shares in the sector.
Top countries in Non-Electric Domestic Appliances Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 23.8 | 2023 | -1.38% | -0.76% | View data |
| 2 | 2 France | 20.43 | 2023 | +1.38% | +2.86% | View data |
| 3 | 3 Italy | 17.55 | 2023 | +1.28% | +0.62% | View data |
| 4 | 4 Spain | 8.81 | 2023 | -0.21% | -0.37% | View data |
| 5 | 5 Portugal | 6.73 | 2023 | -1.63% | -0.96% | View data |
| 6 | 6 Czech Republic | 4.82 | 2023 | +1.17% | +2.13% | View data |
| 7 | 7 Austria | 2.91 | 2023 | -9.25% | -4.82% | View data |
| 8 | 8 Slovakia | 2.26 | 2023 | +3.39% | +3.05% | View data |
| 9 | 9 Hungary | 2.13 | 2023 | -3.36% | -2.57% | View data |
| 10 | 10 Serbia | 2.08 | 2023 | +7.69% | +14.3% | View data |
