In 2023, Germany led European pleasure and sporting boat building wages at 432.1 million Euros, with Italy and the UK closely following. Trends from 2023 highlighted substantial growth in Lithuania's wages at 24.95%, while Romania and Norway saw declines. Poland and Austria also demonstrated notable increases. In contrast, Sweden and Croatia experienced minor decreases.
Looking forward, foreseeable trends may include increased automation and innovation in manufacturing processes contributing to wage fluctuation. Continued economic stability in leading countries could bolster wage growth, while smaller markets might experience volatility due to fluctuating demand and economic challenges.
Top countries in Pleasure and Sporting Boats Building Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 432.1 | 2023 | +4.45% | +7.11% | View data |
| 2 | 2 United Kingdom | 365.2 | 2023 | +2.21% | +1.52% | View data |
| 3 | 3 Italy | 352.3 | 2023 | +6.89% | +6.21% | View data |
| 4 | 4 France | 290.9 | 2023 | +1.82% | +2.38% | View data |
| 5 | 5 Poland | 115.4 | 2023 | +2.21% | +6.23% | View data |
| 6 | 6 Finland | 73.2 | 2023 | +1.1% | +2.22% | View data |
| 7 | 7 Sweden | 37.1 | 2023 | -1.07% | -0.27% | View data |
| 8 | 8 Portugal | 26.2 | 2023 | +9.17% | +11.8% | View data |
| 9 | 9 Austria | 14.4 | 2023 | +7.46% | +5.15% | View data |
| 10 | 10 Norway | 14.4 | 2023 | -2.04% | -4.78% | View data |
