In 2023, the European meat and poultry sector exhibited varied wage and salary trends across countries. Germany led with 3.95 billion Euros, while Slovakia and Latvia showed the highest year-on-year increases of 27.39% and 16.88%, respectively. Conversely, the UK and France experienced slight declines. Notably, Romania, Bulgaria, and Croatia demonstrated significant year-on-year growth, contrasting with downturns in Norway, Serbia, and Cyprus. Over the last five years, the observed compound annual growth rate (CAGR) highlights consistent growth in Eastern European countries, reflecting ongoing industry maturation.
Looking ahead, pay close attention to:
- The potential for wage convergence as Eastern European markets mature.
- The impact of labor market policies and industry automation in Western Europe.
- Shifts in consumer preferences toward plant-based alternatives affecting industry dynamics.
Top countries in Meat and Poultry Meat Products Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,950 | 2023 | +1.95% | +2.26% | View data |
| 2 | 2 Spain | 1,410 | 2023 | +4.44% | +5.32% | View data |
| 3 | 3 France | 1,290 | 2023 | +0.11% | -1.63% | View data |
| 4 | 4 Italy | 1,010 | 2023 | +2.89% | +3.29% | View data |
| 5 | 5 United Kingdom | 809.4 | 2023 | -0.72% | -0.34% | View data |
| 6 | 6 Poland | 779.7 | 2023 | +4.36% | +2.97% | View data |
| 7 | 7 Finland | 376.2 | 2023 | +2.79% | +2.54% | View data |
| 8 | 8 Austria | 368.8 | 2023 | +1.49% | +1.81% | View data |
| 9 | 9 Netherlands | 328.4 | 2023 | +3.27% | +4.09% | View data |
| 10 | 10 Romania | 315 | 2023 | +8.06% | +8.74% | View data |
