European Pulp, Paper and Paperboard Labour Cost Per Employee FTE by Country

The labor cost per employee FTE in the European pulp, paper, and paperboard industry reveals significant disparities across countries. In 2023, the highest costs were reported in Austria and Switzerland at over 90 thousand Euros, with Belgium and the Netherlands following. Central and Eastern European countries, including Bosnia and Herzegovina, Romania, and Bulgaria, showed significantly lower costs, beneath 20 thousand Euros. Over the last five years, the compound annual growth rate was stable at nil, illustrating stagnation in cost variation across the region.

Future trends to watch include potential cost increases in Eastern Europe due to economic convergence and wage growth, alongside technological advancements that might impact labor demand and efficiency. Monitoring economic policy shifts and green initiatives is also crucial, as these could alter labor costs and industry dynamics.