In 2023, Germany led European mortars wages with €301.4 million, followed by France at €186.2 million and Austria at €95.1 million, showcasing substantial market disparities across Europe. Significant growth occurred in Finland (51%), France (32.79%), and Romania (22.1%), implying strategic market expansions. Conversely, Italy (-1.51%), Hungary (-6.07%), and Serbia (-13.21%) saw declines, indicating potential economic challenges.
Future trends to watch:
- Expansion in Finland and France points to potential market growth opportunities.
- Recovery efforts may focus on declining markets such as Italy and Hungary.
- Cross-border collaborations could stabilize smaller economies.
Top countries in Mortars Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 301.4 | 2023 | +0.13% | +3.96% | View data |
| 2 | 2 France | 186.2 | 2023 | +10.83% | +32.79% | View data |
| 3 | 3 Austria | 95.1 | 2023 | +2.7% | +1.52% | View data |
| 4 | 4 Poland | 60.8 | 2023 | +4.11% | +3.46% | View data |
| 5 | 5 Czech Republic | 49.5 | 2023 | +2.06% | +1.41% | View data |
| 6 | 6 Romania | 38.8 | 2023 | +15.82% | +22.1% | View data |
| 7 | 7 Spain | 37.3 | 2023 | +7.18% | +4.73% | View data |
| 8 | 8 Finland | 36.9 | 2023 | +4.53% | +51% | View data |
| 9 | 9 Greece | 24.3 | 2023 | +10.96% | +15.54% | View data |
| 10 | 10 Italy | 24 | 2023 | -0.41% | -1.51% | View data |
