In 2023, Italy led European Environmentally Related Tax Revenue from Transport in specific manufacturing sectors with $63.08 million, despite a slight decline. The UK saw modest growth, while France and Belgium experienced declines. Remarkable growth of 8.25% in Hungary and 4.35% in Estonia indicate shifting dynamics. Sweden and Spain also registered positive trends, suggesting sector resilience. Meanwhile, Cyprus and Iceland faced significant reductions.
Looking forward, increased regulatory focus on environmental taxation and evolving market dynamics suggest potential growth in green tax revenue. Emerging trends include a shift towards more environmentally friendly transport solutions in manufacturing, potentially reshaping industry revenue landscapes.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 63.08 | 2023 | -0.38% | -1.6% | View data |
| 2 | 2 United Kingdom | 53.3 | 2023 | +3.33% | +2.09% | View data |
| 3 | 3 France | 30.93 | 2023 | +1.19% | -1.97% | View data |
| 4 | 4 Switzerland | 9.58 | 2023 | +0.7% | -0.18% | View data |
| 5 | 5 Belgium | 8.94 | 2023 | -0.6% | -1.89% | View data |
| 6 | 6 Sweden | 7.03 | 2023 | +0.48% | +1.78% | View data |
| 7 | 7 Poland | 4.69 | 2023 | -0.49% | -0.036% | View data |
| 8 | 8 Croatia | 1.66 | 2023 | -0.96% | -1.21% | View data |
| 9 | 9 Spain | 1.06 | 2023 | +3.51% | +2.27% | View data |
| 10 | 10 Romania | 0.91 | 2023 | -0.58% | -1.75% | View data |
