In 2023, Denmark exhibited the highest labour cost per employee in the European coach and trailer sector at 67.8 thousand euros, followed by Belgium and Norway at 67.2 and 64.7 thousand euros, respectively. The lowest costs were found in Bosnia and Herzegovina at 9.4 thousand euros and Croatia at 14.7 thousand euros. Over the last five years, the sector showed nil year-on-year variation, indicating stable costs across most countries. Observing no significant changes year-on-year, the sector illustrates slow growth and stability overall.
Looking ahead, future trends to monitor include potential increases in labour costs due to rising inflation pressures and workforce skill demands. The industry's harmonization of wages across Europe and automation's impact on labour costs will be critical areas of focus for stakeholders in the sector.
Top countries in Coach Bodies for Motor Vehicles, Trailers and Semi-Trailers Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Denmark | 67.8 | 2023 | View data |
| 2 | 2 Belgium | 67.2 | 2023 | View data |
| 3 | 3 Norway | 64.7 | 2023 | View data |
| 4 | 4 Austria | 63.3 | 2023 | View data |
| 5 | 5 Iceland | 60 | 2023 | View data |
| 6 | 6 Germany | 55.4 | 2023 | View data |
| 7 | 7 Netherlands | 54.4 | 2023 | View data |
| 8 | 8 France | 54.3 | 2023 | View data |
| 9 | 9 Sweden | 53.4 | 2023 | View data |
| 10 | 10 Italy | 51.9 | 2023 | View data |
