In 2023, Germany led in European Flat Glass wages and salaries with 232.5 million euros, followed closely by Belgium at 230.9 million euros. Significant declines were recorded in Spain and Italy with figures of 92.8 million euros and 89.7 million euros, respectively. Poland, with 30 million euros, showed resilience with a 5.37% increase, the largest in positive terms. France exhibited a steep decline of over 30%. Serbia, despite a modest 0.3 million euros, experienced a remarkable growth of 14.47%. These variations illustrate a mixed landscape across Europe, with some countries consolidating and others facing challenges.
Future trends to watch include potential growth in Poland and Serbia, driven by economic developments and possibly expanding market share. Germany and Belgium may continue to stabilize their positions. Southern European countries like Spain and Italy could see further contraction unless structural changes occur. Emerging markets such as Slovakia and Portugal might require monitoring for potential upturns, reflective of broader economic trends in the region.
Top countries in Flat Glass Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 232.5 | 2023 | +0.91% | +1.87% | View data |
| 2 | 2 Belgium | 230.9 | 2023 | +1.85% | +0.62% | View data |
| 3 | 3 Spain | 92.8 | 2023 | -0.54% | -6.82% | View data |
| 4 | 4 Italy | 89.7 | 2023 | -0.99% | -1.04% | View data |
| 5 | 5 Poland | 30 | 2023 | +0.33% | +5.37% | View data |
| 6 | 6 France | 12.9 | 2023 | -25.43% | -30.26% | View data |
| 7 | 7 Slovakia | 1.2 | 2023 | +9.09% | -4.36% | View data |
| 8 | 8 Portugal | 0.8 | 2023 | +14.29% | +2.71% | View data |
| 9 | 9 Sweden | 0.6 | 2023 | 0% | 0% | View data |
| 10 | 10 Finland | 0.4 | 2023 | -20% | -10.59% | View data |