The forecast for 2024 indicates a diverse landscape of labour costs per employee FTE in the European Household Sanitary Goods, Toilet Requisites sector. In 2023, Germany led with 90.0 thousand euros followed by Sweden at 88.1, demonstrating higher labor expenses compared to Eastern Europe, where Bulgaria recorded the lowest at 9.4 thousand euros. Countries like Slovakia and Hungary also reported relatively low costs, reflecting a potential cost advantage in these regions.
Future trends to observe include:
- The increasing disparity in labor costs between Western and Eastern Europe.
- Potential influences of automation and technology on labor cost reductions.
- Impact of regulatory changes, particularly in labor laws and economic policies.
- Shifts in market demand potentially affecting labor dynamics across Europe.
Top countries in Household Sanitary Goods, Toilet Requisites Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 90 | 2023 | View data |
| 2 | 2 Sweden | 88.1 | 2023 | View data |
| 3 | 3 Finland | 85.6 | 2023 | View data |
| 4 | 4 Belgium | 83.8 | 2023 | View data |
| 5 | 5 Austria | 71.3 | 2023 | View data |
| 6 | 6 France | 69.7 | 2023 | View data |
| 7 | 7 Italy | 67.6 | 2023 | View data |
| 8 | 8 Spain | 47.5 | 2023 | View data |
| 9 | 9 Iceland | 41.4 | 2023 | View data |
| 10 | 10 Slovakia | 30 | 2023 | View data |
