The European man-made fibres sector displays significant variation across countries in terms of wages and salaries. Germany leads substantially, reflecting its robust textile industry, followed by Austria. Italy and Spain show declining trends, whereas Eastern European countries like Poland and Bulgaria are experiencing growth. France maintains slight growth, while the UK and Belgium see decreasing wages. Sweden and Greece have minimal contributions, with Hungary experiencing a notable decline. Over a five-year span, differing annual growth rates highlight Germany and Bulgaria's progressive roles against a backdrop of disparity. Serbia's rapid increase stands out amongst Eastern European nations.
Future trends to monitor include the impact of digital transformation, sustainability practices adoption, and shifting trade dynamics on regional wage patterns. Germany, Austria, and Poland will likely maintain or increase their roles, while Eastern countries like Serbia may continue upward trends if aligned with industrial modernization.
Top countries in Man-Made Fibres Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 431.6 | 2023 | +1.53% | +2.53% | View data |
| 2 | 2 Austria | 301.4 | 2023 | +9.76% | +5.19% | View data |
| 3 | 3 Italy | 65.3 | 2023 | +1.56% | -1.6% | View data |
| 4 | 4 Spain | 63.1 | 2023 | -0.63% | -4.61% | View data |
| 5 | 5 United Kingdom | 47 | 2023 | -1.26% | -5.36% | View data |
| 6 | 6 Belgium | 38.4 | 2023 | -1.29% | -17% | View data |
| 7 | 7 Poland | 17.9 | 2023 | +2.87% | +2.79% | View data |
| 8 | 8 France | 16.1 | 2023 | -1.83% | +1.56% | View data |
| 9 | 9 Czech Republic | 14.7 | 2023 | +2.08% | +1.87% | View data |
| 10 | 10 Portugal | 12.9 | 2023 | +2.38% | +1.29% | View data |
