The labor cost per employee FTE for the European plastics industry exhibits significant disparity across countries. In 2023, Belgium tops the list with 125.3 thousand euros, while Bosnia and Herzegovina is at the lower end with 7.8 thousand euros. Western European countries such as Austria and the Netherlands also have high labor costs. In contrast, Eastern European countries like Romania and Bulgaria have much lower costs. Over the last two years, these costs have generally increased, and the five-year Compound Annual Growth Rate (CAGR) highlights variability in growth rates across regions.
Future trends to watch for include potential shifts in labor cost structures due to automation and digitalization, as well as economic policies affecting wage levels. The ongoing geopolitical climate and environmental regulations could also drive changes in labor costs as companies adapt to new challenges and opportunities in the plastics industry.
Top countries in Plastics Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 125.3 | 2023 | View data |
| 2 | 2 Austria | 116.9 | 2023 | View data |
| 3 | 3 Netherlands | 107 | 2023 | View data |
| 4 | 4 France | 99.1 | 2023 | View data |
| 5 | 5 Sweden | 92.9 | 2023 | View data |
| 6 | 6 Norway | 86.3 | 2023 | View data |
| 7 | 7 Germany | 85.8 | 2023 | View data |
| 8 | 8 Finland | 81.5 | 2023 | View data |
| 9 | 9 Denmark | 81.3 | 2023 | View data |
| 10 | 10 Italy | 69.6 | 2023 | View data |
