The European Made-Up Textile Articles sector exhibits significant wage disparities across countries in 2023. Germany leads with 683.9 million Euros, reflecting a 6.79% increase. Notable increases occurred in Poland (6.97%) and Romania (8.8%), while Italy and Spain saw slight declines in wages. Lithuania's wages surged by 16.26%, the highest among listed countries. Belgium and Ireland experienced wage reductions, indicating possible market adjustments. The five-year CAGR suggests stable but modest growth patterns overall, punctuated by exceptions such as Lithuania.
Future trends to watch include the potential impact of automation and trade policies, which could alter wage distribution. Additionally, Eastern European countries may experience continued wage growth as industries adapt to changing economic conditions.
Top countries in Made-Up Textile Articles (Except Apparel) Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 683.9 | 2023 | +2.63% | +6.79% | View data |
| 2 | 2 United Kingdom | 541.7 | 2023 | +1.04% | +1.8% | View data |
| 3 | 3 France | 318.5 | 2023 | -0.16% | +1.16% | View data |
| 4 | 4 Poland | 283.6 | 2023 | +6.62% | +6.97% | View data |
| 5 | 5 Italy | 264.5 | 2023 | +3.64% | -1.03% | View data |
| 6 | 6 Spain | 242.2 | 2023 | -0.74% | -0.66% | View data |
| 7 | 7 Romania | 197.4 | 2023 | +14.04% | +8.8% | View data |
| 8 | 8 Portugal | 112.6 | 2023 | +0.36% | +1.01% | View data |
| 9 | 9 Lithuania | 73.9 | 2023 | +10.79% | +16.26% | View data |
| 10 | 10 Denmark | 59 | 2023 | -0.67% | -1.21% | View data |
