The 2023 data indicates that Belgium had the highest labor cost per employee FTE in the European Tanning and Dressing of Leather; Dressing and Dyeing of Fur sector at 68.3 thousand euros, followed by Sweden, France, and Italy, ranging from 54.5 to 52.9 thousand euros. On the lower end, Hungary, Latvia, and Bulgaria had costs below 8 thousand euros, with Latvia presenting the lowest at 4.5 thousand euros.
Future trends to watch for in the sector include:
- Potential increases in labor costs in Western Europe due to inflationary pressures and labor market dynamics.
- East European countries may remain competitive due to lower labor costs, attracting investments in production expansion.
- Possible impact of sustainability demands and digital transformation on labor structures and costs.
Top countries in Tanning and Dressing of Leather; Dressing and Dyeing of Fur Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 68.3 | 2023 | View data |
| 2 | 2 Sweden | 54.5 | 2023 | View data |
| 3 | 3 France | 54.1 | 2023 | View data |
| 4 | 4 Italy | 52.9 | 2023 | View data |
| 5 | 5 Germany | 47.3 | 2023 | View data |
| 6 | 6 Norway | 45.8 | 2023 | View data |
| 7 | 7 Austria | 43.5 | 2023 | View data |
| 8 | 8 Finland | 37.2 | 2023 | View data |
| 9 | 9 Spain | 33.3 | 2023 | View data |
| 10 | 10 Slovakia | 23 | 2023 | View data |
