In 2023, European tax revenues on energy in the manufacturing of food, beverages, and tobacco sectors showed varying trends across countries. France led with the highest revenue, closely followed by Italy and Spain. A significant year-on-year increase was observed in Spain (3.68%), Greece (3.12%), Hungary (3.53%), and Estonia (3.84%), indicating a rising emphasis on environmental taxation. In contrast, Austria and Ireland saw declines over the same period. The five-year CAGR suggests steady to moderate growth in some countries, but a mixed overall trend.
Future trends to watch for include increased adoption of environmental tax policies across the EU, potentially driving higher revenues in countries with currently lower tax rates. Additionally, shifts in energy consumption patterns and EU environmental regulations may further influence the revenue landscape. Monitoring policy changes and consumer behavior will be crucial for anticipating significant revenue shifts.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Food Products, Beverages and Tobacco Products Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 19.82 | 2023 | +4.45% | +0.52% | View data |
| 2 | 2 Italy | 18.59 | 2023 | -0.64% | +0.77% | View data |
| 3 | 3 Spain | 16.01 | 2023 | +3.57% | +3.68% | View data |
| 4 | 4 Poland | 11.6 | 2023 | +0.47% | -0.9% | View data |
| 5 | 5 Netherlands | 7.96 | 2023 | +4.37% | +1.92% | View data |
| 6 | 6 Greece | 6.61 | 2023 | +2.74% | +3.12% | View data |
| 7 | 7 Belgium | 6.06 | 2023 | +3.18% | +3.49% | View data |
| 8 | 8 Portugal | 4.17 | 2023 | +3.84% | +2.3% | View data |
| 9 | 9 Hungary | 1.6 | 2023 | +2.29% | +3.53% | View data |
| 10 | 10 Sweden | 1.52 | 2023 | +1.77% | +1.94% | View data |
