In 2023, France led the European Gross Fixed Capital Formation in environmental protection activities within the food, beverage, and tobacco sector, despite a slight year-on-year decrease of 1.51%. Belgium saw significant growth at 4.14%, indicating expanding investment. Germany remained stable with a modest rise of 0.95%. Conversely, Spain, Italy, and Ireland experienced declines. Noteworthy is Greece's impressive surge of 24.16%, albeit from a lower base, suggesting growing environmental commitment. Over the last five years, the sector saw mixed trends, with certain countries like Finland and Latvia showing promising growth patterns, while others like Italy face continual challenges.
Future trends to monitor involve increasing investments in sustainable practices within this sector. Countries like Greece and Finland, which are showing positive recent growth, may continue to lead in green transitions, driven by regulatory pressures and shifting market demands. Monitoring these contributors to environmental protection activities can indicate broader economic shifts towards sustainability across Europe.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in All Environmental Protection Activities in Manufacture of Food Products, Beverages and Tobacco Products by the Business Sector Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 28.02 | 2023 | -1.1% | -1.51% | View data |
| 2 | 2 Belgium | 24.11 | 2023 | +3.45% | +4.14% | View data |
| 3 | 3 Germany | 22 | 2023 | +1.13% | +0.95% | View data |
| 4 | 4 Spain | 10.17 | 2023 | +0.49% | -0.48% | View data |
| 5 | 5 Italy | 4.79 | 2023 | -2.67% | -4.62% | View data |
| 6 | 6 Portugal | 4 | 2023 | +3.83% | +2.75% | View data |
| 7 | 7 Finland | 2.74 | 2023 | +3.09% | +5.8% | View data |
| 8 | 8 Ireland | 2.23 | 2023 | +2.26% | -1.68% | View data |
| 9 | 9 Greece | 0.97 | 2023 | +5.36% | +24.16% | View data |
| 10 | 10 Lithuania | 0.36 | 2023 | -4.35% | -2.52% | View data |
