In 2023, European metal structures wages and salaries were dominated by Germany at 6.91 billion euros, significantly higher than other countries. Italy and France followed with values around 1.76-1.89 billion euros. Most Eastern European countries, such as Lithuania, Slovakia, and Bulgaria, were below 0.15 billion euros. Germany, Poland, and Spain saw substantial increases of 5.48%, 2.97%, and 4.92% respectively, while Italy and the UK faced contractions. Notable growth was observed in Ireland at 34.3%, with Lithuania marking a 16.98% growth. The general 2023 trend was stability with few countries exhibiting sharp growth or decline.
Future trends to watch include potential continued growth in Eastern Europe, driven by cost advantages. Western European economies might further innovate to remain competitive despite higher wage costs. Monitoring external factors such as trade policies and raw material prices will be crucial for predicting further industry shifts.
Top countries in Metal Structures Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,910 | 2023 | +8.07% | +5.48% | View data |
| 2 | 2 Italy | 1,890 | 2023 | -0.069% | -0.73% | View data |
| 3 | 3 France | 1,760 | 2023 | +0.034% | +0.83% | View data |
| 4 | 4 United Kingdom | 1,740 | 2023 | -0.33% | -0.48% | View data |
| 5 | 5 Poland | 1,370 | 2023 | +3.49% | +2.97% | View data |
| 6 | 6 Spain | 1,060 | 2023 | +4.46% | +4.92% | View data |
| 7 | 7 Austria | 808.4 | 2023 | +1.39% | +0.89% | View data |
| 8 | 8 Ireland | 741.8 | 2023 | +18.29% | +34.3% | View data |
| 9 | 9 Denmark | 511 | 2023 | +0.098% | -0.016% | View data |
| 10 | 10 Belgium | 451.7 | 2023 | +0.56% | +3.45% | View data |
