In 2023, Romania led Europe with $1.38 billion in tax revenue from environmentally related taxes in the manufacturing of coke and refined petroleum products. The United Kingdom and Poland followed with $1.27 billion and $1.08 billion, respectively. Notable growth occurred in Poland with 18.47% and France with 14.41%, while Spain and Switzerland experienced a decline.
Future trends to watch include the impact of regulatory changes on tax revenues, technological advancements in manufacturing, and shifting consumer preferences towards greener products which may influence the tax base. Forecasted data for 2024 suggests potential adjustments in tax policies and economic shifts across European nations.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Coke and Refined Petroleum Products by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 1,380 | 2023 | +2.31% | +2.82% | View data |
| 2 | 2 United Kingdom | 1,270 | 2023 | +1.98% | +0.87% | View data |
| 3 | 3 Poland | 1,080 | 2023 | +4.87% | +18.47% | View data |
| 4 | 4 Finland | 593.2 | 2023 | +2.43% | +1.36% | View data |
| 5 | 5 Italy | 577.26 | 2023 | +4.65% | +2.15% | View data |
| 6 | 6 Germany | 555.58 | 2023 | +0.29% | +2.11% | View data |
| 7 | 7 France | 408.61 | 2023 | +3.88% | +14.41% | View data |
| 8 | 8 Spain | 358.8 | 2023 | +5.64% | -2.16% | View data |
| 9 | 9 Belgium | 271.99 | 2023 | +3.72% | +4.33% | View data |
| 10 | 10 Hungary | 234.24 | 2023 | +3.1% | +7.57% | View data |
