In 2023, Italy led European Environmentally Related Tax Revenue in the wood manufacturing sector at $172.87 million, followed by Sweden and Poland. Year-on-year variations in 2023 highlighted significant increases in Ireland (5.58%), Norway (3.36%), and the Netherlands (2.65%), while Finland (-0.95%), Czech Republic (-9.3%), and Iceland (-8.71%) experienced declines. Over the past five years, certain countries like Portugal and Serbia displayed positive compound annual growth rates, reflecting adaptive strategies and policy changes.
Future trends will be influenced by stringent EU environmental policies and technological advancements, impacting tax revenues. Countries investing in green technologies and innovations are likely to see fluctuating revenue streams, as environmental taxation dynamics continue to evolve.
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 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 172.87 | 2023 | +0.7% | +0.53% | View data |
| 2 | 2 Sweden | 65.98 | 2023 | +1.94% | +0.88% | View data |
| 3 | 3 Poland | 60.97 | 2023 | +1.25% | -0.83% | View data |
| 4 | 4 United Kingdom | 48.24 | 2023 | +0.013% | +0.059% | View data |
| 5 | 5 Austria | 42.93 | 2023 | +0.39% | -0.033% | View data |
| 6 | 6 Switzerland | 21.88 | 2023 | +0.31% | -0.72% | View data |
| 7 | 7 Portugal | 18.4 | 2023 | +3.28% | +1.64% | View data |
| 8 | 8 Ireland | 15.61 | 2023 | +7.55% | +5.58% | View data |
| 9 | 9 Finland | 14.1 | 2023 | -0.1% | -0.95% | View data |
| 10 | 10 Czech Republic | 13.39 | 2023 | -9.92% | -9.3% | View data |
