The European Sports Goods sector's Gross Value Added (GVA) per Employee FTE varies significantly by country. Italy leads with 150.4 thousand Euros, followed by Belgium at 118.5 thousand Euros, and Austria at 95.1 thousand Euros. France and Norway also perform relatively well, standing at 94.5 and 89.3 thousand Euros respectively. Germany's value is 83.8 thousand Euros, showcasing a balanced contribution. On the lower end, countries like Greece, Romania, and Lithuania, all below 20 thousand Euros, face challenges in enhancing productivity.
Year-on-year analysis suggested stable performance with no considerable variations. Over the last five years, the Compound Annual Growth Rate (CAGR) for these countries have been modest, primarily reflecting stable but slow growth in the sports goods sector.
Future trends to watch include technological advancements in sports goods manufacturing, increasing emphasis on sustainability, and potential impacts of geopolitical changes on supply chains. Developing countries like those in Eastern Europe may see improvements as they adopt new technologies and practices. Monitoring these variables could provide deeper insights into future performance and opportunities for growth within the sector.
Top countries in Sports Goods Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Italy | 150.4 | 2023 | View data |
| 2 | 2 Belgium | 118.5 | 2023 | View data |
| 3 | 3 Austria | 95.1 | 2023 | View data |
| 4 | 4 France | 94.5 | 2023 | View data |
| 5 | 5 Norway | 89.3 | 2023 | View data |
| 6 | 6 Germany | 83.8 | 2023 | View data |
| 7 | 7 Finland | 62.2 | 2023 | View data |
| 8 | 8 Spain | 52 | 2023 | View data |
| 9 | 9 Sweden | 51.1 | 2023 | View data |
| 10 | 10 Czech Republic | 30.8 | 2023 | View data |
