Germany leads the European beverage, tobacco, and food machinery wages and salaries with 35.95 million euros in 2024, followed by Italy at 23.3 million euros. Denmark, France, and Spain contribute significantly with values at 8.64, 7.13, and 6.72 million euros respectively. The UK shows a declining trend, while Lithuania, Bulgaria, and Slovakia exhibit robust year-on-year growth. Lithuania stands out with a remarkable 58.85% increase in 2023. The Czech Republic, Slovenia, and Hungary also maintain positive trajectories. CAGRs over five years suggest increasing monetary shares, particularly in Eastern Europe.
Future trends to watch include digitalization and automation in machinery, potentially influencing higher wages and salaries. Countries with growing investments in operations and technology, such as Lithuania and Bulgaria, may continue their positive trajectories. Furthermore, market disruptions or policy changes, particularly concerning sustainability, could impact the salary allocations across various regions.
Top countries in Beverage, Tobacco and Food Machinery Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.95 | 2023 | +2.89% | +2.65% | View data |
| 2 | 2 Italy | 23.3 | 2023 | +0.87% | +1.1% | View data |
| 3 | 3 Denmark | 8.64 | 2023 | +3.02% | +3% | View data |
| 4 | 4 France | 7.13 | 2023 | +0.4% | +1.39% | View data |
| 5 | 5 Spain | 6.72 | 2023 | +0.77% | +0.62% | View data |
| 6 | 6 United Kingdom | 3.8 | 2023 | -1.74% | -2.4% | View data |
| 7 | 7 Poland | 2.59 | 2023 | +3.34% | +1.81% | View data |
| 8 | 8 Iceland | 2.24 | 2023 | +6.4% | +4.38% | View data |
| 9 | 9 Austria | 1.89 | 2023 | +1.2% | +0.11% | View data |
| 10 | 10 Norway | 1.32 | 2023 | +3.04% | +3.13% | View data |
