As of 2023, Finland leads in the European Paper and Paperboard Machinery wages with 456.4 million euros, followed by Germany and Italy with 400.1 and 303.7 million euros, respectively. Year-on-year analysis shows notable increases in Finland and Poland. However, Germany experienced a decrease. Portugal recorded a significant growth rate, indicating emerging potential. Despite Greece's decline, other countries maintained relatively stable or slightly increasing wages.
Future trends suggest that sustainability and technological advancements could influence wages across Europe. Countries focusing on digitalization and eco-friendly machinery might experience wage growth, potentially reshaping the competitive landscape. Monitoring innovation adoption and policy changes remains crucial.
Top countries in Paper and Paperboard Machinery Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 456.4 | 2023 | +2.26% | +2.95% | View data |
| 2 | 2 Germany | 400.1 | 2023 | +1.37% | -1.15% | View data |
| 3 | 3 Italy | 303.7 | 2023 | +2.39% | +1.7% | View data |
| 4 | 4 Austria | 210.4 | 2023 | +0.24% | +0.11% | View data |
| 5 | 5 Sweden | 117.8 | 2023 | +0.26% | -0.051% | View data |
| 6 | 6 France | 90.3 | 2023 | +1.35% | +1.53% | View data |
| 7 | 7 Spain | 72 | 2023 | +1.55% | +2.38% | View data |
| 8 | 8 United Kingdom | 42 | 2023 | 0% | +0.73% | View data |
| 9 | 9 Czech Republic | 23.2 | 2023 | +6.91% | +2.28% | View data |
| 10 | 10 Poland | 21.7 | 2023 | +5.34% | +4.64% | View data |
