In 2023, Germany led the European plastics sector wage distribution with 32.71 million euros, though it experienced a decline of 3.63%. On the other hand, Poland and Bulgaria showed notable growth, increasing by 11.88% and 8.63%, respectively. The Netherlands, France, and Sweden reported modest increases, while significant declines were noted in Slovakia and Spain. Yearly trends highlight growth in Central and Eastern Europe, with countries like Lithuania and Croatia experiencing noteworthy increases.
Future trends to watch include potential shifts driven by economic conditions in Germany and Spain, potential regional growth in Eastern Europe, and opportunities arising from technological advancements that could impact wage structures and distribution across the continent.
Top countries in Plastics Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.71 | 2023 | -3.76% | -3.63% | View data |
| 2 | 2 Netherlands | 12.09 | 2023 | +2.22% | +1.77% | View data |
| 3 | 3 France | 8.78 | 2023 | +0.97% | +0.96% | View data |
| 4 | 4 Belgium | 8.71 | 2023 | +0.36% | +1.04% | View data |
| 5 | 5 Italy | 8.13 | 2023 | +1.23% | +1.17% | View data |
| 6 | 6 Spain | 6.79 | 2023 | -0.063% | -0.53% | View data |
| 7 | 7 United Kingdom | 5.81 | 2023 | -1.05% | -1.62% | View data |
| 8 | 8 Sweden | 4.2 | 2023 | +7.43% | +3.7% | View data |
| 9 | 9 Poland | 3.46 | 2023 | +8.69% | +11.88% | View data |
| 10 | 10 Austria | 2.98 | 2023 | +2.72% | +1.26% | View data |