Wages and salaries in the European sawmilling and planing of wood sector have shown significant variations by country in 2024. Germany leads with a value of €1.12 billion, followed by France at €0.8327 billion. Scandinavian countries like Sweden and Finland have values of €0.4977 billion and €0.2198 billion, respectively. Eastern European countries like Poland and Romania have considerably lower values, at €0.3328 billion and €0.1461 billion, respectively.
In terms of year-on-year variations, Germany and France saw increases of 7.61% and 7.26%, respectively. Other countries like Sweden and Italy experienced decreases, with Sweden at -0.57% and Italy at -5.36%. Lithuania and Slovenia exhibited the highest growth rates, with 12.58% and 11.41%, respectively. The average annual growth rate (CAGR) over the past five years ranges between modest to significant, reflecting diverse economic conditions and industrial strategies.
Future trends to watch for include further growth in countries like Lithuania and Slovenia, given their recent strong performance. Germany and France are also expected to continue their growth trajectory. Conversely, countries like Italy and Norway may face challenges unless strategic economic adjustments are made. Additionally, the broader economic conditions and future EU policies will heavily influence the wage and salary trends in this sector.
Top countries in Sawmilling and Planing of Wood Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,120 | 2023 | +6.81% | +7.61% | View data |
| 2 | 2 France | 832.7 | 2023 | +10.88% | +7.26% | View data |
| 3 | 3 Sweden | 497.7 | 2023 | +4.98% | -0.57% | View data |
| 4 | 4 Austria | 491.1 | 2023 | +4.51% | +4.57% | View data |
| 5 | 5 Poland | 332.8 | 2023 | +5.35% | +5.44% | View data |
| 6 | 6 Switzerland | 279.1 | 2023 | +1.49% | +1.94% | View data |
| 7 | 7 Finland | 219.8 | 2023 | -1.13% | +1.71% | View data |
| 8 | 8 United Kingdom | 217.4 | 2023 | -0.23% | -0.037% | View data |
| 9 | 9 Romania | 146.1 | 2023 | +2.45% | +0.54% | View data |
| 10 | 10 Spain | 143.2 | 2023 | +1.2% | +2.14% | View data |
