As of 2023, Italy leads with $61.06 million in tax revenue from energy taxes in the textile, apparel, and leather manufacturing sector, reflecting a slight growth of 1.48% over the previous year. Germany and Spain follow with $9.72 million and $8.63 million respectively, showing opposite trends, with Germany decreasing by 3.74%, and Spain increasing by 3.41%. Romania experienced the highest growth at 10.79%, while Austria witnessed a significant decline of 11.53%. Over the last five years, Slovakia's CAGR demonstrates substantial yearly growth, contrasting with Denmark's steep decline.
Future trends to watch include the impact of EU sustainability initiatives and energy transition policies, which might drive further investment and tax revenue shifts in countries leading in green technology adoption. Additionally, heightened regulatory measures and innovations in energy efficiency could alter the landscape for environmentally related tax revenue in this sector across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Textiles, Wearing Apparel and Leather Products Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 61.06 | 2023 | +1.18% | +1.48% | View data |
| 2 | 2 Germany | 9.72 | 2023 | -4.77% | -3.74% | View data |
| 3 | 3 Spain | 8.63 | 2023 | +4.15% | +3.41% | View data |
| 4 | 4 Romania | 6.61 | 2023 | +3.88% | +10.79% | View data |
| 5 | 5 Poland | 5.06 | 2023 | +0.39% | -2.64% | View data |
| 6 | 6 Netherlands | 2.4 | 2023 | +0.077% | +2.73% | View data |
| 7 | 7 Serbia | 1.94 | 2023 | +2.21% | +2.47% | View data |
| 8 | 8 Slovakia | 0.94 | 2023 | +2.6% | +41.48% | View data |
| 9 | 9 Sweden | 0.47 | 2023 | -0.84% | -0.7% | View data |
| 10 | 10 Ireland | 0.47 | 2023 | +4.54% | +7.05% | View data |
Latest reports
US Textile Market Report- Q4 2024
The fourth quarter of 2024 was a transformative period for the US textile industry, marked by significant shifts towards sustainability, technological advancements, and...
China Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a significant period for the Textile China market, showcasing growth driven by domestic demand and strategic international...
Japan Textile Market Report- Q4 2024
In the fourth quarter of 2024, Japan's textile market experienced a moderate economic recovery, with GDP growth stabilizing at 0.3%. This slight recovery,...
Germany Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a period of significant transformation and strategic adaptation for the German textile industry. As sustainability and digitalization...
India Textile Market Report- Q4 2024
In the fourth quarter of 2024, the Indian textile market demonstrated resilience and adaptability amidst global economic and geopolitical challenges. The sector continued...
UK Textile Market Report- Q4 2024
The UK textile market in Q4 2024 has been shaped by a combination of economic, regulatory, and consumer-driven factors. The sector is navigating...
France Textile Market Report- Q4 2024
In the fourth quarter of 2024, the textile market in France is characterized by significant trends in sustainability, innovation, and economic challenges. The...
Canada Textile Market Report- Q4 2024
The Canadian textile industry has experienced a dynamic fourth quarter of 2024, driven by significant trends in smart textiles, sustainable practices, and technical...
Brazil Textile Market Report- Q4 2024
The fourth quarter of 2024 presents a dynamic landscape for the textile industry in Brazil, characterized by resilience and strategic adaptation amidst economic...
Italy Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a transformative period for the Textile Industry in Italy, emphasizing sustainability, technological innovation, and strategic responses to...
