The data highlights significant disparities in seafood processing labor costs per employee FTE across Europe. In 2023, Switzerland, Denmark, and Belgium lead with the highest costs of 70.3, 69.1, and 66.3 thousand euros respectively. Central and Eastern European countries like Bulgaria, Romania, and Croatia report the lowest costs below 14 thousand euros. Despite economic fluctuations, there have been no significant percentage variations over the past two years, with the last five years showing a compound annual growth rate near zero.
Future trends to monitor include:
- Shifts in regulatory frameworks affecting labor costs.
- Increased automation potentially reducing the demand for labor.
- Variations in seafood demand impacting employment needs.
- Cost disparities driving production shifts to regions with lower labor expenses.
Top countries in Seafood Processing Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 70.3 | 2023 | View data |
| 2 | 2 Denmark | 69.1 | 2023 | View data |
| 3 | 3 Belgium | 66.3 | 2023 | View data |
| 4 | 4 Iceland | 64.9 | 2023 | View data |
| 5 | 5 Norway | 62.1 | 2023 | View data |
| 6 | 6 Sweden | 55.2 | 2023 | View data |
| 7 | 7 France | 53.6 | 2023 | View data |
| 8 | 8 Italy | 53 | 2023 | View data |
| 9 | 9 Austria | 52.7 | 2023 | View data |
| 10 | 10 Netherlands | 50.3 | 2023 | View data |
