The European Structural Metal Products sector shows significant variation in wages and salaries across countries. Germany leads with 7.71 billion Euros, marking a 2.53% year-on-year growth. Italy and France are on par with 2.74 billion Euros, but Italy experienced a decline of 1.39%, while France saw a modest increase of 0.85% from 2023. Ireland, although having lower total wages, saw an impressive surge of 49.51%, indicating strong sector growth. Other countries like Spain and Poland also observed notable increases of 4.8% and 3.66% respectively, showcasing regional disparities and differing sector dynamics.
Future trends to watch for include:
• Continued growth in Germany and emerging markets like Ireland.
• Potential recovery in declining countries such as Italy and the UK.
• The impact of economic policies and global market conditions on smaller economies.
• Shifts in the industrial focus which may influence wage and salary growth.
Top countries in Structural Metal Products Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,710 | 2023 | +2.58% | +2.53% | View data |
| 2 | 2 Italy | 2,740 | 2023 | -1.03% | -1.39% | View data |
| 3 | 3 France | 2,740 | 2023 | +1.24% | +0.85% | View data |
| 4 | 4 Spain | 2,660 | 2023 | +4.74% | +4.8% | View data |
| 5 | 5 United Kingdom | 2,300 | 2023 | +0.017% | -0.19% | View data |
| 6 | 6 Ireland | 1,780 | 2023 | +26.95% | +49.51% | View data |
| 7 | 7 Poland | 1,670 | 2023 | +3.85% | +3.66% | View data |
| 8 | 8 Netherlands | 1,510 | 2023 | +2.27% | +2.72% | View data |
| 9 | 9 Switzerland | 1,370 | 2023 | +2.63% | +3.76% | View data |
| 10 | 10 Austria | 988.2 | 2023 | +1.78% | +1.4% | View data |
