In 2024, Germany leads the European food products wages and salaries share, followed by France and the United Kingdom. Over the last year, Poland and the Netherlands showed the highest growth rates, with Lithuania experiencing the most significant increase at 15.53%. Conversely, Norway, Iceland, Cyprus, and Luxembourg saw declines in their shares.
Future trends to watch include Poland and the Netherlands maintaining rapid growth in wages share, potentially driven by increased production capabilities and competitively attracting skilled labor. Additionally, economies like Lithuania, Serbia, and Slovenia may continue to experience rapid growth if current trends persist, diversifying the landscape of wage shares across Europe. Monitoring these trends will provide insight into shifts in labor market dynamics and economic developments within the European food industry.
Top countries in Food Products Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.82 | 2023 | +2.26% | +1.97% | View data |
| 2 | 2 France | 17.26 | 2023 | +2.31% | +2.34% | View data |
| 3 | 3 United Kingdom | 9.98 | 2023 | +0.72% | +1.06% | View data |
| 4 | 4 Italy | 8.33 | 2023 | +1.88% | +1.83% | View data |
| 5 | 5 Spain | 7.71 | 2023 | +1.79% | +2.55% | View data |
| 6 | 6 Netherlands | 5.03 | 2023 | +3.93% | +5% | View data |
| 7 | 7 Poland | 4.86 | 2023 | +5.26% | +5.52% | View data |
| 8 | 8 Switzerland | 4.3 | 2023 | +2.21% | +2.68% | View data |
| 9 | 9 Belgium | 2.81 | 2023 | +1.75% | +1.89% | View data |
| 10 | 10 Denmark | 2.27 | 2023 | +0.81% | +1.94% | View data |
