The European knitted and crocheted apparel sector displays varied wage and salary figures across countries. In 2023, Italy led with 635.5 million euros, followed by France and Portugal. The sector saw significant fluctuations, with notable declines in Belgium, Cyprus, and Greece. Growth was observed in the Netherlands and Lithuania. Year-on-year variations reflect a diverse landscape with several countries experiencing declines due to economic challenges or industry shifts.
Future trends to watch include the potential for Eastern European countries to gain competitive advantage through lower salary scales, enabling them to attract more businesses. Automation and reshoring in Western Europe may also impact wage trends and employment dynamics. Sustainability and digital transformation will further influence industry adjustments.
Top countries in Knitted and Crocheted Apparel Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 635.5 | 2023 | +2.52% | +3.85% | View data |
| 2 | 2 France | 152.3 | 2023 | -2.56% | -2.14% | View data |
| 3 | 3 Portugal | 78.6 | 2023 | +0.38% | -0.79% | View data |
| 4 | 4 Spain | 74.3 | 2023 | +2.06% | -2.42% | View data |
| 5 | 5 Romania | 65.6 | 2023 | +5.64% | +0.4% | View data |
| 6 | 6 Poland | 50.7 | 2023 | -4.34% | -4.76% | View data |
| 7 | 7 United Kingdom | 42.8 | 2023 | -6.96% | -5.06% | View data |
| 8 | 8 Croatia | 39.2 | 2023 | +5.95% | +3.69% | View data |
| 9 | 9 Bulgaria | 37.9 | 2023 | +5.28% | +1.2% | View data |
| 10 | 10 Czech Republic | 15.8 | 2023 | +4.64% | +3.35% | View data |
