In 2023, Spain leads in European seafood processing wages, standing at 688.5 million Euros, followed by Norway at 492.5 million Euros. The highest year-on-year growth was observed in Hungary, with a 61.05% increase. Noteworthy growth was also seen in Lithuania, Poland, and Spain. Conversely, Iceland and Serbia experienced declines of 7.18% and 7.17%, respectively. The overall trend suggests dynamic changes in wage distributions across Europe, with significant disparities between Western and Eastern European countries. Over the past five years, the sector has seen varied growth patterns, with certain regions performing strongly due to increased industry demand and capabilities.
Looking ahead, future trends to watch include the impact of sustainability measures on the industry, potential policy changes within the European Union, technological advancements, and their implications on job roles and salaries. Continuous monitoring of nation-specific changes and broader economic trends will be essential for adapting to ongoing sector evolution.
Top countries in Seafood Processing Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 688.5 | 2023 | +6.41% | +7.41% | View data |
| 2 | 2 Norway | 492.5 | 2023 | +0.35% | +0.085% | View data |
| 3 | 3 France | 462.4 | 2023 | +2.55% | +2.33% | View data |
| 4 | 4 United Kingdom | 351.6 | 2023 | +0.11% | +0.13% | View data |
| 5 | 5 Poland | 295.9 | 2023 | +5.87% | +7.28% | View data |
| 6 | 6 Germany | 246.2 | 2023 | +1.23% | +1.65% | View data |
| 7 | 7 Iceland | 232.2 | 2023 | -5.69% | -7.18% | View data |
| 8 | 8 Italy | 189 | 2023 | +3.73% | +4.52% | View data |
| 9 | 9 Denmark | 150.7 | 2023 | -2.33% | -3.49% | View data |
| 10 | 10 Portugal | 120.4 | 2023 | +2.47% | +4.35% | View data |
