European wage salaries for coach bodies, motor vehicles, trailers, and semi-trailers showed varied trends in 2023. Germany led with €2.19 billion, followed by France at €0.7591 billion. English wages contracted by 1.42%, and Italy's fell by 1.27%. Growth in Austria and Hungary was notable, respectively at 3.43% and 3.91%. Scandinavian countries displayed negative trends, with Sweden down by 5.18% and Denmark at -4.79%. Eastern Europe showed growth, with Slovakia at 4.45% and Lithuania at 8.33%. Greece faced a significant decline of 8.1%, while Iceland had the sharpest decrease at -11.09%.
Future trends to monitor include:
- Sustained growth in Eastern Europe, particularly Lithuania and Slovakia, due to potential investment in automotive sectors.
- Persistent challenges for Scandinavian countries, mainly due to wage pressures and economic rebalancing.
- The UK's downward trend could hint at long-term structural changes, warranting strategic adjustments.
Top countries in Coach Bodies for Motor Vehicles, Trailers and Semi-Trailers Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,190 | 2023 | +2.26% | +0.37% | View data |
| 2 | 2 France | 759.1 | 2023 | +2.87% | +1.54% | View data |
| 3 | 3 United Kingdom | 489.3 | 2023 | -1.29% | -1.42% | View data |
| 4 | 4 Italy | 322.2 | 2023 | -0.52% | -1.27% | View data |
| 5 | 5 Netherlands | 289.3 | 2023 | +0.87% | +0.92% | View data |
| 6 | 6 Spain | 275.1 | 2023 | -0.15% | -0.75% | View data |
| 7 | 7 Belgium | 245.1 | 2023 | +4.21% | +0.8% | View data |
| 8 | 8 Austria | 212.5 | 2023 | +3.46% | +3.43% | View data |
| 9 | 9 Poland | 208.6 | 2023 | +3.37% | +2.66% | View data |
| 10 | 10 Sweden | 129.4 | 2023 | -1.15% | -5.18% | View data |
