The wages and salaries in the glass and glass products sector in Finland have experienced significant fluctuations over the past decade. From 2013 to 2017, the sector saw considerable declines, particularly a sharp drop of 39.62% in 2017. Post-2017, there were some periods of recovery, such as a 53.21% rise in 2018. However, generally, the trend has been downward, culminating in a figure of 61.1 million euros in 2023.

Within the last two years, the industry continued to shrink with an 11.32% decrease in 2023 and a 10.17% reduction in 2022. The last five years have seen an average annual decrease (CAGR) of 11.46%.

Forecasts predict that by 2028, wages and salaries will decrease rapidly with a five-year CAGR of -15.58%, resulting in a 57.12% drop over this period.

Future trends to watch for include:

Continued downward pressure on wages caused by automation and technological advancements.
Potential impacts from global market fluctuations and local economic policies.
Possible consolidation within the industry leading to further cost reductions.