The European market for rusks, biscuits, preserved pastry goods, and cakes demonstrates diverse wage and salary shares across countries as of 2023, with Germany at the top. Notable year-on-year growth occurred in countries like Lithuania, Portugal, and Bulgaria, reflecting significant market dynamics. France experienced a decline, while Croatia and Bosnia faced slight contractions. Over a five-year horizon, differential growth patterns emerged with substantial gains in Eastern Europe, indicating a shift in market dynamics.
Future trends to monitor include technology-driven efficiency improvements, labor market reforms, and changes in consumer preferences potentially impacting workforce expenses, especially within emerging economies like Poland and Hungary.
Top countries in Rusks, Biscuits, Preserved Pastry Goods and Cakes Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.33 | 2023 | +1.38% | +1.7% | View data |
| 2 | 2 Italy | 18.66 | 2023 | +1.21% | +1.12% | View data |
| 3 | 3 Spain | 14.95 | 2023 | +3.16% | +2.72% | View data |
| 4 | 4 France | 10.41 | 2023 | -2.3% | -4.61% | View data |
| 5 | 5 Netherlands | 9.18 | 2023 | +1.8% | +1.12% | View data |
| 6 | 6 Poland | 4.34 | 2023 | +5.34% | +2.31% | View data |
| 7 | 7 Greece | 3.71 | 2023 | +2.49% | +2.65% | View data |
| 8 | 8 Austria | 3.04 | 2023 | +2.55% | +2.89% | View data |
| 9 | 9 Sweden | 2.51 | 2023 | +0.14% | +0.89% | View data |
| 10 | 10 Hungary | 2.35 | 2023 | +3.32% | +3.31% | View data |