In 2023, Italy led European revenue from energy taxes in textile manufacturing with a significant value, while Germany and Spain trailed with moderate figures. Noteworthy increases were seen in Slovakia, Romania, and Ireland, exhibiting substantial year-on-year growth. In contrast, Austria and Denmark experienced notable declines. Over the past five years, countries like Romania and Slovakia have shown robust average annual growth, indicating strong potential in their industry sectors.
Future trends to watch include the potential impact of European Green Deal policies, which may alter tax structures. Additionally, technological advancements in energy efficiency in textiles could influence future tax revenues by reducing energy consumption, thereby affecting tax bases.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Textiles, Wearing Apparel and Leather Products by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 516.56 | 2023 | +1.18% | +1.48% | View data |
| 2 | 2 Germany | 82.23 | 2023 | -4.77% | -3.74% | View data |
| 3 | 3 Spain | 72.98 | 2023 | +4.15% | +3.41% | View data |
| 4 | 4 Romania | 55.91 | 2023 | +3.88% | +10.79% | View data |
| 5 | 5 Poland | 42.83 | 2023 | +0.39% | -2.64% | View data |
| 6 | 6 Netherlands | 20.33 | 2023 | +0.077% | +2.73% | View data |
| 7 | 7 Serbia | 16.38 | 2023 | +2.21% | +2.47% | View data |
| 8 | 8 Slovakia | 7.94 | 2023 | +2.6% | +41.48% | View data |
| 9 | 9 Sweden | 4.02 | 2023 | -0.84% | -0.7% | View data |
| 10 | 10 Ireland | 3.93 | 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...
