European Environmentally Related Tax Revenue from taxes on energy in manufacturing of textiles, wearing apparel, and leather products shows varying changes across countries for 2023. France leads with a revenue of 40.73 million USD but sees a decline of 2.49%. Belgium experiences a slight increase of 1.3% to reach 15.31 million USD. Notably, Slovakia shows a substantial growth of 39.82%. Many countries, including Poland, Portugal, and Austria, report declines, emphasizing diverse fiscal trends across Europe. Over the past five years, the average annual change has varied distinctly by country, indicating differing levels of efficiency and adoption of eco-tax policies.
Future trends to watch include:
- Potential impact of EU Green Deal policies on environmentally related tax structures.
- Country-specific initiatives that could alter the trajectory of energy taxes in manufacturing sectors.
- The influence of global energy price shifts and renewable energy adoption on tax revenues.
- Monitoring fiscal policies addressing climate change that may drive tax adjustments.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Textiles, Wearing Apparel and Leather Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 40.73 | 2023 | +1.66% | -2.49% | View data |
| 2 | 2 Belgium | 15.31 | 2023 | +2.09% | +1.3% | View data |
| 3 | 3 Poland | 11.25 | 2023 | +0.42% | -3.13% | View data |
| 4 | 4 Portugal | 10.4 | 2023 | -0.12% | -2.34% | View data |
| 5 | 5 Netherlands | 10.01 | 2023 | +0.84% | +1.17% | View data |
| 6 | 6 Serbia | 3.67 | 2023 | +2.12% | +1.82% | View data |
| 7 | 7 Slovakia | 2.38 | 2023 | +2.02% | +39.82% | View data |
| 8 | 8 Sweden | 2.08 | 2023 | -2.34% | -2.79% | View data |
| 9 | 9 Austria | 1.84 | 2023 | -9.4% | -9.92% | View data |
| 10 | 10 Hungary | 0.96 | 2023 | +1.51% | -0.69% | View data |
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