In 2023, France led European countries in environmentally related tax revenue from fishing and aquaculture, reaching $206.58 million, up 2.13% year-on-year. Conversely, Norway, despite being second, had a smaller year-on-year increase of 1.09%, with revenues of $72.71 million. Italy experienced the most significant decline, down 2.46%, while Estonia saw the largest growth, increasing by 4.09%. Other notable declines were seen in Sweden (-2.65%) and Germany (-2.66%). The Netherlands faced the sharpest drop at -7.98%.
Looking to the future, attention should be on regulatory changes, technological advancements, and shifts in fishing practices, which can impact tax revenue trends. Countries may increasingly adopt stringent environmental taxes to fund sustainable practices and encourage eco-friendly industry transformations.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Fishing and Aquaculture by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 206.58 | 2023 | +6.85% | +2.13% | View data |
| 2 | 2 Norway | 72.71 | 2023 | +3.07% | +1.09% | View data |
| 3 | 3 Italy | 43.54 | 2023 | +1.51% | -2.46% | View data |
| 4 | 4 Iceland | 24.79 | 2023 | +3.53% | +0.53% | View data |
| 5 | 5 Croatia | 20.83 | 2023 | +2.71% | +1.97% | View data |
| 6 | 6 Sweden | 16.56 | 2023 | -1.09% | -2.65% | View data |
| 7 | 7 Belgium | 13.88 | 2023 | +5% | +3.66% | View data |
| 8 | 8 Estonia | 8.92 | 2023 | +9.99% | +4.09% | View data |
| 9 | 9 Spain | 8.78 | 2023 | +0.33% | -0.71% | View data |
| 10 | 10 Germany | 7.95 | 2023 | -2.26% | -2.66% | View data |
