The analysis of European environmentally related tax revenue from energy taxes in manufacturing sectors shows distinct patterns across countries. In 2023, Italy leads with a revenue of $505.7 million, while France and Poland follow with $393.87 million and $247.16 million, respectively. Year-on-year variations indicate notable increases in Hungary (11.04%) and Romania (7.1%), while the Czech Republic experienced a decrease by -8.82%. Over a five-year period, varying compound annual growth rates (CAGR) demonstrate differing trends, with some countries like Slovenia seeing substantial growth. In contrast, the Netherlands exhibits a slight decline.
Looking ahead, future trends to watch include potential policy shifts as countries aim to align with EU environmental goals and the European Green Deal. Fluctuations in energy prices and advancements in sustainable manufacturing technologies are likely to influence tax revenue trajectory. Countries with emerging renewable energy strategies may experience more stable or increased tax revenues due to policy changes encouraging sustainable practices.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Wood, Paper, Printing and Reproduction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 505.7 | 2023 | +0.71% | +0.82% | View data |
| 2 | 2 France | 393.87 | 2023 | +3.54% | +1.64% | View data |
| 3 | 3 Poland | 247.16 | 2023 | +2.26% | +1.59% | View data |
| 4 | 4 Romania | 204.15 | 2023 | +4.35% | +7.1% | View data |
| 5 | 5 United Kingdom | 184.25 | 2023 | +1.15% | +1.68% | View data |
| 6 | 6 Austria | 138.54 | 2023 | +0.28% | +0.076% | View data |
| 7 | 7 Portugal | 83.41 | 2023 | +3.88% | +2.39% | View data |
| 8 | 8 Netherlands | 64.45 | 2023 | +0.049% | -0.58% | View data |
| 9 | 9 Hungary | 56.08 | 2023 | +4.91% | +11.04% | View data |
| 10 | 10 Switzerland | 37.64 | 2023 | +1.15% | +0.16% | View data |
