The European metallurgy machinery sector sees Italy leading in wages and salaries, with a share of €37.93 million, followed closely by Germany at €36.21 million. Austria and Spain contribute significantly with €9.64 and €6.44 million, respectively. Emerging trends are evident in countries like the Czech Republic and Slovenia, showing notable growth rates in 2023, with variations at 3.74% and 3.14%. However, some countries such as the United Kingdom, Romania, and France experienced declines in their shares, particularly France with a sharp drop of 24.7%. This analysis accounts for actual data up to 2023 and forecasts for 2024.
Future trends to watch include potential growth in Eastern European countries, which are likely to increase their shares further due to industrial expansion and investment in metallurgy machinery. Conversely, countries with decreasing shares may need to reassess strategies to remain competitive in the European market.
Top countries in Metallurgy Machinery Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.93 | 2023 | +2.33% | +1.39% | View data |
| 2 | 2 Germany | 36.21 | 2023 | -0.41% | +0.75% | View data |
| 3 | 3 Austria | 9.64 | 2023 | +0.98% | +2.03% | View data |
| 4 | 4 Spain | 6.44 | 2023 | +1.28% | +1.44% | View data |
| 5 | 5 Czech Republic | 2.25 | 2023 | +4.97% | +3.74% | View data |
| 6 | 6 Slovenia | 1.75 | 2023 | +2.95% | +3.14% | View data |
| 7 | 7 United Kingdom | 1.16 | 2023 | -4.12% | -5.05% | View data |
| 8 | 8 Romania | 0.73 | 2023 | +2.63% | -4.4% | View data |
| 9 | 9 Sweden | 0.67 | 2023 | -4.46% | -6.47% | View data |
| 10 | 10 France | 0.57 | 2023 | -34.53% | -24.7% | View data |
