The European Wood, Wood Products, and Cork industry show varying wage and salary levels by country, with Germany leading at 5.22 billion Euros in 2023 and Macedonia and Iceland at the lower end. Countries like Switzerland and Poland exhibited notable increases in wages, reflecting growth in the industry. Meanwhile, declines were observed in Sweden and Greece. The last five years' CAGR shows modest annual changes in most countries. Germany, Netherlands, and Poland experienced stronger gains, while some Baltic States like Lithuania saw double-digit growth in recent variations.
Future trends to watch include increased wage growth in Eastern Europe as the manufacturing sector strengthens and potentially fluctuate salary levels in Western European countries depending on environmental policies and adoption of innovative technologies in the sector.
Top countries in Wood, Wood Products and Cork Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,220 | 2023 | +3.13% | +5.45% | View data |
| 2 | 2 Switzerland | 2,380 | 2023 | +2.3% | +3.64% | View data |
| 3 | 3 United Kingdom | 1,830 | 2023 | +0.43% | +0.58% | View data |
| 4 | 4 France | 1,790 | 2023 | -0.039% | -0.14% | View data |
| 5 | 5 Italy | 1,600 | 2023 | +3.18% | +0.32% | View data |
| 6 | 6 Austria | 1,360 | 2023 | +1.69% | +1.9% | View data |
| 7 | 7 Poland | 1,310 | 2023 | +2.17% | +3.66% | View data |
| 8 | 8 Sweden | 1,170 | 2023 | -0.13% | -1.16% | View data |
| 9 | 9 Spain | 1,030 | 2023 | -0.17% | +0.046% | View data |
| 10 | 10 Finland | 686.1 | 2023 | -0.044% | -2.07% | View data |
