The European footwear industry's wages and salaries, expressed in billion euros for 2023, show Italy leading with 1.72, followed by Spain (0.4934) and Portugal (0.3887). Notable year-on-year fluctuations include increases in Bosnia and Herzegovina (4.14%) and Serbia (4.37%), while France (-10.23%) and Belgium (-10.26%) saw declines. Over five years, the industry has experienced varied growth rates across nations. Countries like Norway (-17.81%) showed significant decline.
Future trends in European footwear wages and salaries will likely focus on restructuring production processes and increasing automation, which could lead to wage adjustments. Monitoring economic conditions and trade policies will be crucial in understanding long-term impacts on salaries within the industry.
Top countries in Footwear Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,720 | 2023 | +5.86% | +0.61% | View data |
| 2 | 2 Spain | 493.4 | 2023 | +5.47% | +1.03% | View data |
| 3 | 3 Portugal | 388.7 | 2023 | -4% | -4.37% | View data |
| 4 | 4 Germany | 382.8 | 2023 | +2.19% | +2.59% | View data |
| 5 | 5 Romania | 284.3 | 2023 | +6.24% | +0.007% | View data |
| 6 | 6 United Kingdom | 141.2 | 2023 | +1.8% | +2% | View data |
| 7 | 7 Poland | 134.5 | 2023 | +7% | -0.16% | View data |
| 8 | 8 Bosnia and Herzegovina | 100.2 | 2023 | +4.48% | +4.14% | View data |
| 9 | 9 France | 97.2 | 2023 | -5.26% | -10.23% | View data |
| 10 | 10 Slovakia | 80.8 | 2023 | +1.51% | +0.92% | View data |
