The 2023 data reveals France as a leader in fabricated metal products repair wages and salaries, followed by Germany and Italy. Noticeable year-on-year changes include a rapid rise in Norway and positive growth trends in Lithuania, Croatia, and Portugal. Conversely, the UK, Spain, and Romania saw declines.
Key Observations:
- France dominates with the highest value, indicating robust compensation practices in this sector.
- Significant increases in Norway suggest potential market shifts or inflationary pressures.
- Negative trends in the UK, Spain, and Romania may reflect economic adjustments or sectorial challenges.
Future Trends:
- Watch for continued growth in transitioning Eastern European economies like Lithuania and Serbia, which show promising uptrends.
- Economic conditions and policy changes in leading markets such as France and Germany could impact future salary adjustments.
- Sector impacts due to geopolitical events, along with emerging digital transformation in repair industries, may drive change across all markets.
Top countries in Fabricated Metal Products Repair Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,300 | 2023 | +3.2% | +2.74% | View data |
| 2 | 2 Germany | 593.8 | 2023 | +1.38% | +3% | View data |
| 3 | 3 Italy | 258.1 | 2023 | +12.02% | +4.49% | View data |
| 4 | 4 United Kingdom | 172.2 | 2023 | -6% | -6.5% | View data |
| 5 | 5 Norway | 170.1 | 2023 | +16.11% | +33.71% | View data |
| 6 | 6 Poland | 108.9 | 2023 | +1.87% | -0.51% | View data |
| 7 | 7 Netherlands | 103.4 | 2023 | +4.76% | +6.75% | View data |
| 8 | 8 Belgium | 91.3 | 2023 | +3.87% | +3.36% | View data |
| 9 | 9 Finland | 83.6 | 2023 | +3.59% | +4.5% | View data |
| 10 | 10 Denmark | 79.7 | 2023 | +2.57% | +3.38% | View data |
