The environmental tax revenue from energy used in the manufacturing of basic and fabricated metal products indicates varied performances across Europe in 2023, with France leading despite a 2.02% decline. Spain and Czech Republic experienced notable declines of 3.59% and 5.91% respectively, while Romania and Hungary saw significant growth at 8.26% and 13.77%. Iceland experienced the highest growth rate at 53.31%, albeit from a small base. Overall, Austria, Sweden, and Norway also demonstrate positive growth trends.
Future trends to watch include the potential for regulatory changes impacting energy taxation policies and increased adoption of energy-efficient technologies. These can shift national standings and influence revenue dynamics within this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Basic Metals and Fabricated Metal Products (Except Machinery and Equipment) Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.11 | 2023 | +0.47% | -2.02% | View data |
| 2 | 2 Spain | 14.94 | 2023 | +0.13% | -3.59% | View data |
| 3 | 3 Romania | 14.87 | 2023 | +3.85% | +8.26% | View data |
| 4 | 4 Belgium | 11.32 | 2023 | +2.55% | +1.93% | View data |
| 5 | 5 Austria | 10.54 | 2023 | +2.17% | +4.51% | View data |
| 6 | 6 Sweden | 7.86 | 2023 | +3.28% | +4.94% | View data |
| 7 | 7 Switzerland | 4.38 | 2023 | +3.06% | +2.2% | View data |
| 8 | 8 Czech Republic | 2.2 | 2023 | -5.12% | -5.91% | View data |
| 9 | 9 Hungary | 2.08 | 2023 | +4.99% | +13.77% | View data |
| 10 | 10 Norway | 1.85 | 2023 | +4.94% | +9.86% | View data |
