In 2023, Germany dominated European Structural Metal Products wages and salaries with a share of 24.77 million euros, demonstrating a steady growth rate of 2.53% year-over-year. Notable upward trends included Ireland's substantial increase of 49.51% and positive growth in Spain (4.8%) and Poland (3.66%). Conversely, Italy and the United Kingdom saw declines, with rates of -1.39% and -0.19%, respectively.
Predicted trends to observe in 2024 include further growth in emerging Eastern European markets like Lithuania and Serbia, both having experienced significant growth last year. Additionally, the impact of economic conditions on countries with declining or stagnated growth, such as Italy and the UK, warrants attention.
Top countries in Structural Metal Products Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.77 | 2023 | +2.58% | +2.53% | View data |
| 2 | 2 Italy | 8.82 | 2023 | -1.03% | -1.39% | View data |
| 3 | 3 France | 8.81 | 2023 | +1.24% | +0.85% | View data |
| 4 | 4 Spain | 8.54 | 2023 | +4.74% | +4.8% | View data |
| 5 | 5 United Kingdom | 7.41 | 2023 | +0.017% | -0.19% | View data |
| 6 | 6 Ireland | 5.72 | 2023 | +26.95% | +49.51% | View data |
| 7 | 7 Poland | 5.36 | 2023 | +3.85% | +3.66% | View data |
| 8 | 8 Netherlands | 4.86 | 2023 | +2.27% | +2.72% | View data |
| 9 | 9 Switzerland | 4.4 | 2023 | +2.63% | +3.76% | View data |
| 10 | 10 Austria | 3.18 | 2023 | +1.78% | +1.4% | View data |
