The European Structural Metal Products labour cost per Employee FTE varied significantly across countries in 2024. Ireland, notably higher at 181.2 thousand Euros, surpassed peers like Switzerland and Iceland, each around 89. Low-cost regions include Macedonia at 6.8 and Bulgaria at 9.8 thousand Euros. The disparity highlights regional economic differences, potential productivity, and wage expectations. From 2023 to 2024, minimal year-on-year change was noted, maintaining a stable growth trajectory.
Future trends to watch include economic shifts impacting labour costs, technological advancements possibly reducing labour dependency, and evolving trade policies affecting supply chains. Constant evaluation of these elements will be key for strategic positioning in the structural metal products industry.
Top countries in Structural Metal Products Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Ireland | 181.2 | 2023 | View data |
| 2 | 2 Switzerland | 89.5 | 2023 | View data |
| 3 | 3 Iceland | 89.3 | 2023 | View data |
| 4 | 4 Denmark | 74.6 | 2023 | View data |
| 5 | 5 Norway | 68.4 | 2023 | View data |
| 6 | 6 Netherlands | 62.9 | 2023 | View data |
| 7 | 7 Austria | 60.7 | 2023 | View data |
| 8 | 8 Belgium | 59.4 | 2023 | View data |
| 9 | 9 Sweden | 58.6 | 2023 | View data |
| 10 | 10 France | 54.6 | 2023 | View data |
