The European soft drinks industry exhibits significant wage and salary differences across countries. Germany leads with the highest wages at €1.8 billion, experiencing a 4.02% year-on-year increase in 2023. Austria and Romania show noteworthy growth with 6.47% and 8.02% increases respectively. In contrast, Spain and Greece reported declines, indicating potential industry challenges. The UK, despite being a major market, grew only by 0.24%. Over the last five years, Belgium, Hungary, and Serbia displayed considerable growth trends.
Future trends to watch include:
- Continued wage growth in emerging markets like Romania.
- Potential challenges in Southern Europe affecting growth.
- The impact of technological advancements and automation on wage dynamics across Europe.
Top countries in Soft Drinks Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,800 | 2023 | +3.88% | +4.02% | View data |
| 2 | 2 France | 689.8 | 2023 | +0.6% | +1.34% | View data |
| 3 | 3 United Kingdom | 591.8 | 2023 | +0.44% | +0.24% | View data |
| 4 | 4 Spain | 448.5 | 2023 | -0.2% | -1.37% | View data |
| 5 | 5 Italy | 408 | 2023 | +0.074% | +0.015% | View data |
| 6 | 6 Austria | 333.4 | 2023 | +4.51% | +6.47% | View data |
| 7 | 7 Belgium | 319.5 | 2023 | +3.13% | +4.14% | View data |
| 8 | 8 Romania | 220.9 | 2023 | +5.8% | +8.02% | View data |
| 9 | 9 Poland | 143.2 | 2023 | +2.36% | -0.84% | View data |
| 10 | 10 Netherlands | 109.3 | 2023 | +0.092% | +1.65% | View data |
