In 2023, France led Europe's environmentally related tax revenues in the food, beverage, and tobacco sectors with revenues reaching significant levels, followed by Italy and Germany. The UK and Netherlands also showed considerable figures, indicating their ongoing commitment to environmental taxation.
Year-on-year changes reveal:
- France experienced a decline of about 1.64%.
- Italy's revenues saw a slight decrease of 0.79%.
- Germany faced a more substantial drop of 3.43%.
- Conversely, Switzerland saw an increase of 3.14%.
- Romania had the most marked growth at 4.56%.
Overall, the sector showed mixed trends, with some countries like Belgium and Portugal experiencing positive growth, while others like Finland and Austria saw declines. Moving forward, it will be crucial to watch how policies and economic conditions influence the trajectory of these revenues, particularly in countries with significant declines or growth. Areas of innovation such as sustainable packaging and low-emission production processes may play key roles in revenue shifts.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Food Products, Beverages and Tobacco Products by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 752.91 | 2023 | +0.68% | -1.64% | View data |
| 2 | 2 Italy | 630.67 | 2023 | -1.38% | -0.79% | View data |
| 3 | 3 Germany | 515.61 | 2023 | -3.64% | -3.43% | View data |
| 4 | 4 United Kingdom | 426.09 | 2023 | +0.67% | +0.36% | View data |
| 5 | 5 Netherlands | 419.7 | 2023 | +0.99% | +0.31% | View data |
| 6 | 6 Belgium | 249.8 | 2023 | +2.44% | +1.96% | View data |
| 7 | 7 Poland | 229.89 | 2023 | +0.12% | -1.57% | View data |
| 8 | 8 Switzerland | 176.14 | 2023 | +3.37% | +3.14% | View data |
| 9 | 9 Greece | 171.92 | 2023 | +1.23% | +0.75% | View data |
| 10 | 10 Portugal | 126.89 | 2023 | +3.8% | +2.14% | View data |
