In 2023, Spain led European tax revenues from pollution in the paper manufacturing sector with $27.86 million, marking a 1.24% increase from the previous year. Sweden and the United Kingdom showed significant decreases of 7.62% and 16.79%, respectively. Key growth was seen in Slovakia with a 3.45% rise and Lithuania with an 11.34% increase. The Czech Republic and Estonia experienced major declines of 35.77% and 10.29%, respectively. Over the past five years, mixed trends were observed, with some countries demonstrating growth while others faced reductions.
Future trends to watch include:
- Increasing regulation may drive higher tax revenues in evolving economies.
- Technological advancements in cleaner manufacturing may reduce tax liabilities.
- Countries like Lithuania and Slovakia may continue to see growth due to policy reforms.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Paper and Paper Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27.86 | 2023 | +8.49% | +1.24% | View data |
| 2 | 2 Sweden | 22.77 | 2023 | -5.05% | -7.62% | View data |
| 3 | 3 France | 16.41 | 2023 | -0.15% | +1.61% | View data |
| 4 | 4 Hungary | 11.36 | 2023 | +2.52% | +2.01% | View data |
| 5 | 5 Slovakia | 10.36 | 2023 | +1.59% | +3.45% | View data |
| 6 | 6 United Kingdom | 6.7 | 2023 | -23.53% | -16.79% | View data |
| 7 | 7 Italy | 2.83 | 2023 | -1.59% | -6.18% | View data |
| 8 | 8 Denmark | 1.65 | 2023 | -0.52% | -3.5% | View data |
| 9 | 9 Lithuania | 0.73 | 2023 | +5.8% | +11.34% | View data |
| 10 | 10 Switzerland | 0.55 | 2023 | -2.42% | -1.38% | View data |
