The European fur articles industry in 2023 shows varied wage and salary trends. Italy leads with highest wages at 25 million euros, marking steady growth. Greece and Spain witness significant declines of over 6%. Denmark sees a positive growth, whereas France and Poland experience moderate reductions. Hungary and Romania show notable increases exceeding 20%. Smaller markets like Croatia and Lithuania also report growth, though Portugal, Bulgaria, and Estonia show stagnation. Negative trends are visible in Northern European countries like Finland, Belgium, and Norway.
Future trends to watch include:
- Potential recovery in traditionally declining markets like Greece and Spain.
- Continued growth in Eastern European countries due to cost advantages.
- Impact of sustainability and ethical considerations on wages and market dynamics.
- Technological advancements driving efficiency and possibly affecting wage structures.
Top countries in Fur Articles Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 25 | 2023 | +8.7% | +0.99% | View data |
| 2 | 2 Greece | 10.5 | 2023 | +1.94% | -6.51% | View data |
| 3 | 3 France | 7.9 | 2023 | -1.25% | -2.36% | View data |
| 4 | 4 Denmark | 3.7 | 2023 | +15.63% | +7.31% | View data |
| 5 | 5 Spain | 3.2 | 2023 | +3.23% | -6.17% | View data |
| 6 | 6 Poland | 2.6 | 2023 | 0% | -4.66% | View data |
| 7 | 7 Hungary | 1.5 | 2023 | +25% | +30.26% | View data |
| 8 | 8 Romania | 1 | 2023 | +11.11% | +20.11% | View data |
| 9 | 9 Czech Republic | 0.5 | 2023 | 0% | -3.58% | View data |
| 10 | 10 Portugal | 0.5 | 2023 | +25% | 0% | View data |
