The European environmentally related tax revenue in the wood manufacturing sector varies significantly by country. In 2023, Sweden led with $75.84 million, followed by Spain and Germany. The largest year-on-year growth was in Serbia, at 6.48%, while Greece suffered a significant decline of 7.71%. Over the past five years, many countries have experienced fluctuating revenues, reflecting economic, regulatory, and industry changes. Notably, Ireland showed a robust increase of 5.3% year-on-year, while Czech Republic faced a notable decrease of 11.74%.
Future trends may include increased taxation as governments seek to encourage sustainable practices. Monitoring policy developments in environmental regulations will be crucial for understanding potential tax impacts on this sector.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes 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 Sweden | 75.84 | 2023 | +1.8% | +1.06% | View data |
| 2 | 2 Spain | 69.11 | 2023 | +0.54% | -0.89% | View data |
| 3 | 3 Germany | 68.1 | 2023 | -6.22% | -5.63% | View data |
| 4 | 4 Poland | 66.45 | 2023 | +1.08% | -0.7% | View data |
| 5 | 5 Austria | 64.96 | 2023 | +0.81% | +0.35% | View data |
| 6 | 6 United Kingdom | 53.06 | 2023 | -1.13% | -0.84% | View data |
| 7 | 7 Romania | 48.03 | 2023 | +3.54% | -0.37% | View data |
| 8 | 8 Belgium | 34.97 | 2023 | +2.83% | +1.87% | View data |
| 9 | 9 Portugal | 22.33 | 2023 | +2.42% | +0.73% | View data |
| 10 | 10 Netherlands | 17.17 | 2023 | -1.66% | +3.91% | View data |
