In 2023, the labor cost per employee (FTE) in the industrial gases sector in Germany was below 86.7 thousand euros. The forecast predicts a steady increase from 2024 to 2028, with costs reaching 87.4 thousand euros by 2028. While the year-on-year variation shows a minimal increase, the compound annual growth rate (CAGR) over five years suggests a stable but slow growth trend.
Future trends to watch for include potential impacts from automation and technological advancements that could affect labor dynamics. Additionally, economic fluctuations in Europe and changes in energy prices might influence labor costs.
