In 2023, Spain led the European fishing and aquaculture labor costs, amounting to 768 million euros, followed by Italy and Greece with 359.62 and 134.54 million euros, respectively. Notably, labor costs in Ireland saw a significant year-on-year increase of 5.29%, while marginal changes were observed in countries like Belgium, with no variation. During the last five years, compound annual growth rates highlighted significant increases, particularly in Ireland and Austria.
Looking forward, expect technological advancements and regulatory changes to play key roles in shaping labor costs across Europe. Countries focusing on sustainable practices may experience fluctuations as they adapt to stricter environmental standards.
Top countries in Labour Costs in Fishing and Aquaculture by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 768 | 2023 | +0.39% | +0.34% | View data |
| 2 | 2 Italy | 359.62 | 2023 | -0.14% | +0.024% | View data |
| 3 | 3 Greece | 134.54 | 2023 | +2.89% | +3.77% | View data |
| 4 | 4 Netherlands | 91 | 2023 | +1.11% | +0.45% | View data |
| 5 | 5 Germany | 87 | 2023 | +1.16% | +0.7% | View data |
| 6 | 6 Ireland | 65 | 2023 | +4.12% | +5.29% | View data |
| 7 | 7 Belgium | 28.2 | 2023 | -0.35% | 0% | View data |
| 8 | 8 Finland | 26 | 2023 | 0% | +1.61% | View data |
| 9 | 9 Estonia | 11.5 | 2023 | +1.77% | +1.64% | View data |
| 10 | 10 Austria | 9.22 | 2023 | +4.39% | +3.68% | View data |
