European Basic Iron, Steel and Ferro-Alloys Wages and Salaries Share by Country (Million Euros)

In 2023, Germany led the European Basic Iron, Steel and Ferro-Alloys wages and salaries with a significant share, followed by Italy and Austria. Notable declines were observed in France, Spain, and Belgium, while Hungary saw a large year-on-year increase. Over the past two years, positive variations were noted in countries like Italy, Serbia, and Portugal, contrasting with declines in Romania, Norway, and Greece. The five-year CAGR indicated stable growth in certain regions, albeit with noticeable volatility in smaller economies. A detailed assessment showcases diverse economic pressures and growth trajectories across Europe.

Future trends to watch include potential impacts of energy pricing fluctuations affecting production costs and labor expenses, as well as geopolitical influences on trade dynamics in the sector. Increased automation may also influence wage structures, with possible shifts in salary allocations and job compositions across countries. Monitoring policy changes related to climate initiatives could further shift industry operations and associated costs.

Top countries in Basic Iron, Steel and Ferro-Alloys Wages and Salaries Share by Country (Million Euros)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 Germany 32.72 2023 +1.61% +1.25% View data
2 2 Italy 12.07 2023 +5.68% +2.22% View data
3 3 Austria 9.79 2023 +2.97% +1.51% View data
4 4 France 8.84 2023 +3.34% -0.52% View data
5 5 United Kingdom 6.4 2023 +0.29% -0.12% View data
6 6 Spain 5.58 2023 -0.23% -1.59% View data
7 7 Belgium 5.19 2023 -0.066% -1.41% View data
8 8 Sweden 4.26 2023 +0.24% +0.067% View data
9 9 Poland 2.72 2023 +1.52% -1.86% View data
10 10 Finland 2.68 2023 -0.13% -0.11% View data

Top Countries about Iron Ore