In 2023, European cutlery wages and salaries varied notably across countries, with Germany leading at 202 million Euros, despite a year-on-year decline of 5.29%. France, Italy, and Greece experienced modest to strong growth, with Italy witnessing a notable increase of 7.85%. In contrast, the United Kingdom and Norway saw declines. Belgium showed significant growth at 7.71%, while Denmark exhibited the highest increase at 14.87%. Other countries like Hungary and Slovakia remained stable.
Future trends to watch include a potential rebound in Germany's market, continued growth in Italy, and Denmark's momentum. Additionally, close monitoring of emerging markets like Croatia and Portugal for recovery signs and labor policy impacts is advised.
Top countries in Cutlery Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 202 | 2023 | -4.04% | -5.29% | View data |
| 2 | 2 France | 54.4 | 2023 | +1.68% | +0.79% | View data |
| 3 | 3 Italy | 51.8 | 2023 | +9.75% | +7.85% | View data |
| 4 | 4 Greece | 47.1 | 2023 | +2.84% | +3.53% | View data |
| 5 | 5 Spain | 30.8 | 2023 | -1.28% | +3.77% | View data |
| 6 | 6 Portugal | 18 | 2023 | +1.12% | +0.8% | View data |
| 7 | 7 United Kingdom | 7.9 | 2023 | +1.28% | -0.74% | View data |
| 8 | 8 Sweden | 7.4 | 2023 | +1.37% | +1.71% | View data |
| 9 | 9 Norway | 3.2 | 2023 | +3.23% | -1.78% | View data |
| 10 | 10 Finland | 3.2 | 2023 | +3.23% | +3.46% | View data |
