In 2023, the labor cost per employee FTE in the European paper and paperboard machinery sector varied significantly by country, with Austria topping the list at 95.4 thousand euros, followed by France and Sweden. Notably, Bulgaria recorded the lowest at 10.1 thousand euros. Despite fluctuations, these costs have shown minimal year-on-year variation, indicating stability within the sector. The overall CAGR for the last five years remains steady.
Future trends to monitor include:
- Technological advancements potentially influencing labor cost structures.
- Evolving labor market dynamics, particularly concerning skill availability and wage inflation.
- Economic policy changes affecting labor and production costs across Europe.
Top countries in Paper and Paperboard Machinery Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Austria | 95.4 | 2023 | View data |
| 2 | 2 France | 86.7 | 2023 | View data |
| 3 | 3 Sweden | 86.1 | 2023 | View data |
| 4 | 4 Finland | 73.6 | 2023 | View data |
| 5 | 5 Italy | 67.3 | 2023 | View data |
| 6 | 6 Germany | 64.6 | 2023 | View data |
| 7 | 7 Spain | 52.5 | 2023 | View data |
| 8 | 8 United Kingdom | 39.1 | 2023 | View data |
| 9 | 9 Czech Republic | 26.5 | 2023 | View data |
| 10 | 10 Poland | 24.3 | 2023 | View data |
