Based on the 2023 forecasted data, Germany leads the European dyes and pigments sector with €49.29 million in wages and salaries, despite a 3.68% decrease from the previous year. The United Kingdom follows at €14.66 million, showing a slight decline of 1.44%. Notably, Serbia exhibited the highest growth at 25.99%, albeit from a small base. France saw significant growth at 7.57%, while Finland experienced the highest decline at -7.71%.
Future trends to monitor include Germany's management of its declining share and potential market shifts toward higher growth regions like France and Serbia. Keeping an eye on economic policies affecting salaries, technological advancements, and shifts in production capabilities will be crucial for anticipating changes in this sector.
Top countries in Dyes and Pigments Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.29 | 2023 | -0.49% | -3.68% | View data |
| 2 | 2 United Kingdom | 14.66 | 2023 | -1.09% | -1.44% | View data |
| 3 | 3 Spain | 10.39 | 2023 | +0.88% | +1.9% | View data |
| 4 | 4 Italy | 10.05 | 2023 | +3.44% | +0.6% | View data |
| 5 | 5 France | 7.66 | 2023 | -3.2% | +7.57% | View data |
| 6 | 6 Belgium | 5.97 | 2023 | +0.34% | -0.89% | View data |
| 7 | 7 Finland | 2.32 | 2023 | +5.05% | -7.71% | View data |
| 8 | 8 Romania | 0.35 | 2023 | +2.94% | 0% | View data |
| 9 | 9 Portugal | 0.22 | 2023 | 0% | 0% | View data |
| 10 | 10 Slovakia | 0.2 | 2023 | 0% | -0.97% | View data |
