In 2023, Germany led the European wages and salaries in the food and beverages sector with a share of 38.33 million euros. It was followed by France at 27.13 million euros, Spain at 12.71 million euros, and the Netherlands at 7.1 million euros. Other notable shares included Belgium at 5.68 million euros, Austria at 3.77 million euros, and Greece at 2.04 million euros. Finland, Slovakia, Slovenia, and Luxembourg had relatively smaller shares, ranging from 1.89 million euros to 0.24 million euros.
Year-on-year variations for 2023 show that Belgium had the highest increase at 2.53%, followed by Slovakia at 1.88%, and Luxembourg at 1.76%. Germany and France saw moderate rises at 1.55% and 1.84%, respectively. Greece had the lowest increase at 0.22%, while Spain showed a modest growth of 0.96%.
Future trends to watch include the potential impacts of inflation, labor market shifts, and economic conditions across the EU. Additionally, evolving regulatory frameworks, technological advancements, and sustainability initiatives may influence wage structures. Close monitoring of these factors is crucial to understand their effect on wages and salaries in the food and beverages sector.
Top countries in Wages and Salaries in Food and Beverages Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.33 | 2023 | +1.42% | +1.55% | View data |
| 2 | 2 France | 27.13 | 2023 | +1.58% | +1.84% | View data |
| 3 | 3 Spain | 12.71 | 2023 | +1.01% | +0.96% | View data |
| 4 | 4 Netherlands | 7.1 | 2023 | +1.47% | +1.37% | View data |
| 5 | 5 Belgium | 5.68 | 2023 | +2.04% | +2.53% | View data |
| 6 | 6 Austria | 3.77 | 2023 | +1.67% | +1.64% | View data |
| 7 | 7 Greece | 2.04 | 2023 | +0.32% | +0.22% | View data |
| 8 | 8 Finland | 1.89 | 2023 | +1.08% | +1.1% | View data |
| 9 | 9 Slovakia | 0.68 | 2023 | +2.14% | +1.88% | View data |
| 10 | 10 Slovenia | 0.43 | 2023 | +1.59% | +1.24% | View data |
