The European Cocoa, Chocolate, and Sugar Confectionery industry exhibits notable labor cost discrepancies across countries. In 2023, the Netherlands led with a labor cost per employee FTE of €81,000, followed by Belgium at €75,200, and Norway at €71,000. Meanwhile, countries like Bulgaria, Cyprus, and Croatia showed significantly lower costs under €20,000. A broad understanding of the labor cost is essential for analyzing operational efficiencies and competitive advantages among these nations. Although detailed year-on-year variations are nil due to the forecast nature of 2024 data, historical industry trends are pivotal for context.
Future trends to monitor include potential shifts in labor costs due to economic policies, inflationary pressures, and labor market dynamics. Additionally, the impact of automation and technological advancements may alter traditional labor cost structures, notably in high-cost European countries where companies may seek efficiency gains.
Top countries in Cocoa, Chocolate and Sugar Confectionery Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Netherlands | 81 | 2023 | View data |
| 2 | 2 Belgium | 75.2 | 2023 | View data |
| 3 | 3 Norway | 71 | 2023 | View data |
| 4 | 4 Denmark | 69.2 | 2023 | View data |
| 5 | 5 Italy | 68.6 | 2023 | View data |
| 6 | 6 Austria | 67.8 | 2023 | View data |
| 7 | 7 Sweden | 63.9 | 2023 | View data |
| 8 | 8 United Kingdom | 61.2 | 2023 | View data |
| 9 | 9 Germany | 60.9 | 2023 | View data |
| 10 | 10 Iceland | 59.8 | 2023 | View data |
