The European environmentally related tax revenue from energy taxes in wood and related product manufacturing displays notable disparities in 2023. Italy leads with the highest revenue, while Malta has the lowest. From 2022 to 2023, most countries showed minimal fluctuations, except for significant declines in the Czech Republic and Denmark and growth in Ireland and Croatia. Over five years, Sweden experienced the strongest growth, suggesting increased focus on environmental tax reform, whereas the Czech Republic encountered a downturn.
Future trends to watch include heightened emphasis on renewable energy and sustainable manufacturing. Policies might shift to bolster green technologies, potentially increasing tax revenue in nations investing heavily in these areas.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Wood, of Products of Wood and Cork (Except Furniture), of Articles of Straw and Plaiting Materials by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 204.65 | 2023 | +1.23% | +1.77% | View data |
| 2 | 2 Poland | 123.94 | 2023 | +1.26% | -0.3% | View data |
| 3 | 3 Romania | 97.46 | 2023 | +3.26% | -0.42% | View data |
| 4 | 4 Spain | 80.74 | 2023 | -0.65% | -1.71% | View data |
| 5 | 5 Sweden | 65.66 | 2023 | +2.6% | +2.37% | View data |
| 6 | 6 United Kingdom | 51.36 | 2023 | +0.45% | +0.87% | View data |
| 7 | 7 Portugal | 23.02 | 2023 | +1.45% | -0.3% | View data |
| 8 | 8 Czech Republic | 20.57 | 2023 | -11.64% | -10.02% | View data |
| 9 | 9 Switzerland | 17.62 | 2023 | +0.38% | -0.41% | View data |
| 10 | 10 Ireland | 16.82 | 2023 | +7.75% | +6.7% | View data |
