In 2023, Italy leads with €57.03 million, significantly ahead of France (€11.37 million) and Poland (€8.86 million). Year-on-year variation indicates notable growth in Slovakia (46.14%), Hungary (14.87%), and the Czech Republic (6.21%), whereas Spain (-19.73%) and Germany (-3.58%) showcase declines. Over the past two years, Slovakia consistently shows high growth while Denmark saw a dramatic reduction to zero. A closer look at the five-year CAGR might reveal sustainable trends.
Future Trends to Watch
Looking forward, it is essential to monitor Eastern European countries like Slovakia and Hungary, which demonstrate robust growth, as well as traditional leaders such as Italy. Understanding how economic factors and market demand impact these variations will provide deeper insights into salary and wage trends within the European leather clothing sector.
Top countries in Leather Clothes Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.03 | 2023 | +6.9% | +0.088% | View data |
| 2 | 2 France | 11.37 | 2023 | +3.03% | -1.41% | View data |
| 3 | 3 Poland | 8.86 | 2023 | +1.92% | +3.1% | View data |
| 4 | 4 Germany | 6.27 | 2023 | -1.32% | -3.58% | View data |
| 5 | 5 Romania | 4.01 | 2023 | +4.35% | -0.81% | View data |
| 6 | 6 Slovakia | 1.67 | 2023 | +17.65% | +46.14% | View data |
| 7 | 7 Czech Republic | 1.17 | 2023 | +7.69% | +6.21% | View data |
| 8 | 8 Hungary | 1 | 2023 | 0% | +14.87% | View data |
| 9 | 9 Finland | 0.75 | 2023 | 0% | +5.15% | View data |
| 10 | 10 Sweden | 0.67 | 2023 | 0% | +9.86% | View data |
