European Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Textiles, Wearing Apparel and Leather Products Share by Country (Million US Dollars PPP = 2015)

In 2023, France led European countries in environmentally related tax revenue from all environmental taxes in the manufacturing of textiles, wearing apparel, and leather products. Germany followed closely, with Romania showing significant growth at 10.24% year-on-year. A decline was noted in several countries, including Germany, Poland, Portugal, and Bulgaria. Slovakia experienced the highest year-on-year increase of 27.72%, while Denmark and Slovenia faced substantial declines. The compound annual growth rate (CAGR) likely highlights growth in countries like Slovakia and Malta over the past five years.

Future trends to watch include increased eco-regulatory measures, potentially boosting tax revenue in countries with growing textile industries. Emerging focus areas include sustainable practices' impact on taxation and countries like Romania capitalizing on growth. Monitoring shifts in EU policies on environmental taxation will be crucial for forecasting longer-term trends.