The labour cost per full-time equivalent (FTE) in Europe's aluminium industry displayed significant disparities across countries in 2023. Iceland, leading with 109.7 thousand euros, indicated the highest cost, followed by Belgium at 86.3 and Austria at 78.2. Scandinavian nations such as Norway (76.2), Sweden (75.5), and Denmark (72.0) also reported elevated figures, while Eastern European countries like Bulgaria (13.3) and Bosnia and Herzegovina (14.0) maintained lower costs. Central European nations, namely Hungary and the Czech Republic, averaged mid-range values of 30.1 and 25.8, respectively.
Future trends to watch for include:
- The potential convergence of labour costs as Eastern European countries continue to develop economically.
- Impact of automation and technological advancements on labour demand and costs.
- Policy changes related to workforce and labour law in the European Union influencing costs.
- Evolving environmental regulations that may affect operational costs in the aluminium sector.
Top countries in Aluminium Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Iceland | 109.7 | 2023 | View data |
| 2 | 2 Belgium | 86.3 | 2023 | View data |
| 3 | 3 Austria | 78.2 | 2023 | View data |
| 4 | 4 Norway | 76.2 | 2023 | View data |
| 5 | 5 Sweden | 75.5 | 2023 | View data |
| 6 | 6 Denmark | 72 | 2023 | View data |
| 7 | 7 France | 70.2 | 2023 | View data |
| 8 | 8 Luxembourg | 65 | 2023 | View data |
| 9 | 9 Italy | 60.3 | 2023 | View data |
| 10 | 10 Finland | 51.5 | 2023 | View data |