The latest data places Austria as the leader in labor costs per FTE in the European man-made fibers industry, at 113.7K Euros. Germany and Italy follow, with substantial labor cost differences from Austria. Central and Eastern European countries like Poland, Hungary, and Bulgaria exhibit significantly lower costs, with Bulgaria at the bottom. Over the past two years, costs have shown minimal variance, suggesting stability, while the last five years indicate a slight average growth.
Trends to watch include potential shifts in labor costs driven by economic policies, inflation, or technological advancements. Emerging markets may catch up with labor costs as economic conditions and skill levels improve.
Top countries in Man-Made Fibres Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Austria | 113.7 | 2023 | View data |
| 2 | 2 Germany | 67 | 2023 | View data |
| 3 | 3 Italy | 64.8 | 2023 | View data |
| 4 | 4 Belgium | 61.8 | 2023 | View data |
| 5 | 5 France | 57.4 | 2023 | View data |
| 6 | 6 Sweden | 44.9 | 2023 | View data |
| 7 | 7 Spain | 42.3 | 2023 | View data |
| 8 | 8 Portugal | 34.1 | 2023 | View data |
| 9 | 9 Czech Republic | 23.8 | 2023 | View data |
| 10 | 10 Greece | 21.3 | 2023 | View data |
