The European Pulp, Paper and Paperboard industry shows diverse trends in hours worked by country. In 2023, Germany led the sector with 63.755 million hours, followed by Sweden at 30.44 million. While Germany saw a slight year-on-year increase of 1.07%, Sweden, Finland, and Italy experienced declines. Notable growth was observed in Poland (3.45%) and Romania (6.56%). Latvia had a significant increase of 46.11%, although starting from a lower base. Over the last five years, the compound annual growth rate (CAGR) demonstrates significant variations, with countries like Germany and Austria maintaining stability and others like Latvia showing pronounced growth.
Future trends suggest monitoring the recovery of Southern European countries, which have consistently shown declining trends. Attention should also be given to Eastern Europe, where emerging economies like Romania, Bulgaria, and Croatia show potential for increased activity. The digital transformation and sustainability efforts might shape the hours worked, particularly in Western Europe. The industry's evolving dynamics, driven by technological advancements and environmental regulations, are crucial to watch.
Top countries in Pulp, Paper and Paperboard Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63,755,000 | 2023 | +0.46% | +1.07% | View data |
| 2 | 2 Sweden | 30,440,000 | 2023 | -2.09% | -2.17% | View data |
| 3 | 3 Finland | 22,810,000 | 2023 | -2.95% | -2.25% | View data |
| 4 | 4 Poland | 21,181,000 | 2023 | +3.83% | +3.45% | View data |
| 5 | 5 Italy | 16,900,000 | 2023 | -3.21% | -2.96% | View data |
| 6 | 6 Spain | 13,678,000 | 2023 | -4.18% | -2.97% | View data |
| 7 | 7 Austria | 13,138,000 | 2023 | +1.02% | +1% | View data |
| 8 | 8 Netherlands | 6,311,000 | 2023 | -0.58% | -1.52% | View data |
| 9 | 9 Romania | 5,567,600 | 2023 | +16.13% | +6.56% | View data |
| 10 | 10 Portugal | 5,305,100 | 2023 | -2.11% | +2.7% | View data |
