In 2023, Germany led European beverages manufacturing wages and salaries, with France and Spain following. Central and Eastern European countries like Romania and Bulgaria showed strong growth rates, with year-on-year variations of 4.87% and 3.25%, respectively. Notable declines were observed in Greece and Norway, with decreases of 1.24% and 2.2%. Overall, the wage distribution highlights the dominance of major Western European economies while showcasing rising contributions from Eastern Europe.
Future trends to watch include:
- Potential wage growth in Eastern European countries as industries continue to develop and modernize.
- A shift in production due to regulatory changes or economic policies within the EU.
- Impacts of technology and automation on wage structures in more developed economies.
- Monitoring the effects of geopolitical factors on labor markets and manufacturing costs across Europe.
Top countries in Beverages Manufacturing Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.67 | 2023 | +4.46% | +4.11% | View data |
| 2 | 2 France | 16.54 | 2023 | +2.46% | +3.7% | View data |
| 3 | 3 Spain | 11.61 | 2023 | +0.92% | +0.68% | View data |
| 4 | 4 Italy | 9.52 | 2023 | +2.36% | +2.24% | View data |
| 5 | 5 Belgium | 4.85 | 2023 | +3.11% | +3.3% | View data |
| 6 | 6 Austria | 3.57 | 2023 | +2.68% | +2.63% | View data |
| 7 | 7 Netherlands | 3.29 | 2023 | +1.94% | +3.46% | View data |
| 8 | 8 Poland | 2.86 | 2023 | +0.021% | +0.73% | View data |
| 9 | 9 Switzerland | 2.72 | 2023 | +0.14% | +2.01% | View data |
| 10 | 10 Romania | 2.38 | 2023 | +2.24% | +4.87% | View data |
