In 2023, Germany led the European freight air transport sector with wages and salaries amounting to €357.2 million. Other top-performing countries included Belgium at €128.1 million and the UK at €97.9 million. Spain, Italy, and several smaller economies like Iceland, Bulgaria, and Slovakia, showed significantly lower figures, reflecting diverse industry scales across Europe.
The year-on-year variation in 2023 highlighted steady increases in Belgium, Iceland, Bulgaria, and Romania, contrasting with declines in Germany, the UK, Spain, Hungary, and Finland. Over the past five years, compound annual growth rates revealed growth in emerging markets while mature markets showcased stagnation or decline.
Future trends to watch for include technological advancements, regulatory changes, and shifting economic conditions influencing wage dynamics. Growth in Eastern European markets may outpace traditional Western European hubs, potentially altering the competitive landscape in freight air transport wages and salaries.
Top countries in Wages and Salaries of Freight Air Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 357.2 | 2023 | +0.37% | -0.017% | View data |
| 2 | 2 Belgium | 128.1 | 2023 | +4.91% | +3.6% | View data |
| 3 | 3 United Kingdom | 97.9 | 2023 | -1.21% | -0.93% | View data |
| 4 | 4 Spain | 47 | 2023 | +1.95% | -5.63% | View data |
| 5 | 5 Italy | 33.6 | 2023 | +0.6% | +2.22% | View data |
| 6 | 6 Iceland | 10.9 | 2023 | +6.86% | +3.77% | View data |
| 7 | 7 Bulgaria | 6.9 | 2023 | +4.55% | +2.5% | View data |
| 8 | 8 Romania | 5.9 | 2023 | +3.51% | +3.37% | View data |
| 9 | 9 Greece | 4.3 | 2023 | +4.88% | +1.46% | View data |
| 10 | 10 Slovakia | 2.2 | 2023 | 0% | 0% | View data |
