In 2023, Germany led the European wages and salaries in the food products sector with 26.22 billion Euros, followed by France with 19.59 billion Euros. Spain and the Netherlands showed moderate figures at 8.18 and 5.2 billion Euros, respectively. Austria and Greece were noted for lower contributions at 2.52 and 1.4 billion Euros. Finland, Slovakia, Slovenia, and Luxembourg had minimal values, collectively under 1 billion Euros. Year-on-year variations in 2023 reveal the fastest growth in Luxembourg at 1.71% and modest growth in larger markets like Germany at 1.47%.
Looking ahead, key trends include the potential impact of automation in food production and the regulatory shifts which could influence wage structures. Economic recovery and changes in consumer habits may lead to sector shifts, affecting remuneration dynamics.
Top countries in Wages and Salaries in Food Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,220 | 2023 | +1.33% | +1.47% | View data |
| 2 | 2 France | 19,590 | 2023 | +1.43% | +1.7% | View data |
| 3 | 3 Spain | 8,180 | 2023 | +0.78% | +0.76% | View data |
| 4 | 4 Netherlands | 5,200 | 2023 | +1.5% | +1.42% | View data |
| 5 | 5 Austria | 2,520 | 2023 | +1.72% | +1.7% | View data |
| 6 | 6 Greece | 1,400 | 2023 | +0.25% | +0.11% | View data |
| 7 | 7 Finland | 1,350 | 2023 | +1.13% | +1.2% | View data |
| 8 | 8 Slovakia | 470.47 | 2023 | +2.33% | +2.05% | View data |
| 9 | 9 Slovenia | 304.8 | 2023 | +1.8% | +1.45% | View data |
| 10 | 10 Luxembourg | 172.63 | 2023 | +1.49% | +1.71% | View data |
