In 2023, Germany dominated the European metal structures wages and salaries share with a significant portion, growing by 5.48% year-on-year. Italy and the UK saw slight declines, whereas Ireland experienced a remarkable increase of 34.3%. Poland, Spain, and Lithuania also showed notable annual growth, while other countries like Denmark, Slovakia, and Cyprus saw slight decreases. The five-year CAGR reveals steady growth in emerging nations like Lithuania and Serbia, showcasing their strengthening positions within the market.
Future trends to monitor include the impact of technological advancements and automation on wage structures, potential shifts in economic policies affecting labor costs, and the evolving demand for sustainable and innovative metal structures in European construction projects.
Top countries in Metal Structures Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.11 | 2023 | +8.07% | +5.48% | View data |
| 2 | 2 Italy | 9.07 | 2023 | -0.069% | -0.73% | View data |
| 3 | 3 France | 8.43 | 2023 | +0.034% | +0.83% | View data |
| 4 | 4 United Kingdom | 8.35 | 2023 | -0.33% | -0.48% | View data |
| 5 | 5 Poland | 6.56 | 2023 | +3.49% | +2.97% | View data |
| 6 | 6 Spain | 5.06 | 2023 | +4.46% | +4.92% | View data |
| 7 | 7 Austria | 3.88 | 2023 | +1.39% | +0.89% | View data |
| 8 | 8 Ireland | 3.56 | 2023 | +18.29% | +34.3% | View data |
| 9 | 9 Denmark | 2.45 | 2023 | +0.098% | -0.016% | View data |
| 10 | 10 Belgium | 2.17 | 2023 | +0.56% | +3.45% | View data |
