The European transport tax revenues associated with the manufacturing of food, beverages, and tobacco products display varied trends across countries. In 2023, actual data shows France leading with a high revenue, despite a slight decline over the past year. Similar negative trends are noted in other major economies like Italy and Germany. Austria contrasts with a minor positive change, while Bulgaria and Latvia indicate notable increases. The sharpest reductions are seen in Ireland and Greece, suggesting potential challenges in maintaining revenue levels. CAGRs over the past five years also reveal declining trends for most regions, highlighting general volatility in this sector.
Future trends to watch include ongoing policy shifts towards increased sustainability, which could impact transport taxation frameworks. Furthermore, market dynamics related to economic recoveries and sustainability goals will likely influence future revenue flows. Monitoring regulatory changes and emerging technologies in transport may reveal opportunities for enhancing or restructuring tax approaches within these industries.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Food Products, Beverages and Tobacco Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.19 | 2023 | +2.64% | -2.75% | View data |
| 2 | 2 Italy | 15.9 | 2023 | -0.84% | -1.88% | View data |
| 3 | 3 Austria | 13.7 | 2023 | +1.32% | +0.97% | View data |
| 4 | 4 Germany | 10.3 | 2023 | -1.06% | -0.86% | View data |
| 5 | 5 Netherlands | 8.39 | 2023 | -0.048% | -1.13% | View data |
| 6 | 6 United Kingdom | 5.91 | 2023 | -2.28% | -1.07% | View data |
| 7 | 7 Portugal | 4.16 | 2023 | +1.12% | -1.42% | View data |
| 8 | 8 Belgium | 2.91 | 2023 | -6.39% | -6.42% | View data |
| 9 | 9 Norway | 2.61 | 2023 | -0.95% | -1.78% | View data |
| 10 | 10 Greece | 2.55 | 2023 | -14.84% | -12.19% | View data |
