In 2023, Germany led in European wages and salaries in the coke and refined petroleum products sector, accounting for a significant share at 31.56 million euros. It was followed by Italy and Belgium at 15.56 and 13.49 million euros, respectively. Belgium showed a notable annual increase of 3.71%, contrasting with Italy’s slight decrease. Estonia experienced the highest year-on-year growth at 2.81%. Conversely, Lithuania faced a decline of 2.63%, marking the largest reduction among the countries analyzed.
Future trends to watch include:
- The potential impact of energy policy shifts on the sector's wages in the EU.
- Technological advancements increasing productivity, thereby affecting labor costs.
- Evolving environmental regulations potentially influencing industry wage trends.
Top countries in Wages and Salaries in Coke and Refined Petroleum Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.56 | 2023 | +2.01% | +2.35% | View data |
| 2 | 2 Italy | 15.56 | 2023 | -0.67% | -0.086% | View data |
| 3 | 3 Belgium | 13.49 | 2023 | +2.07% | +3.71% | View data |
| 4 | 4 Spain | 13.07 | 2023 | +1.12% | +1.04% | View data |
| 5 | 5 Netherlands | 10.07 | 2023 | +1.25% | +1.41% | View data |
| 6 | 6 Greece | 5.68 | 2023 | +1.02% | +1.94% | View data |
| 7 | 7 Finland | 3.99 | 2023 | +1.58% | +1.4% | View data |
| 8 | 8 Austria | 3.14 | 2023 | +1.09% | +0.42% | View data |
| 9 | 9 Slovakia | 1.88 | 2023 | +2.08% | +1.94% | View data |
| 10 | 10 Lithuania | 0.61 | 2023 | -1.99% | -2.63% | View data |
