In 2023, Germany led European environmentally related tax revenue from energy in motor vehicle manufacturing with $42.48 million, followed by Italy and France. Germany witnessed a slight decrease (-2.26%), while Italy and France experienced smaller declines. Positive growth was seen in the UK (2.43%) and Slovenia (2.52%). Notably, Poland and Denmark suffered declines of -6.96% and -20.29%, respectively. Overall, countries like Ireland and Slovenia exhibited year-on-year stability, while others faced notable drops.
Future trends to watch include:
- Potential growth in renewable energy adoption in motor vehicle manufacturing.
- Regulatory changes impacting tax structures and green energy policies.
- Emerging technologies in energy efficiency and transport electrification that could affect tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Motor Vehicles, Trailers and Semi-Trailers Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.48 | 2023 | -1.96% | -2.26% | View data |
| 2 | 2 Italy | 14.97 | 2023 | +0.8% | -1.71% | View data |
| 3 | 3 France | 12.76 | 2023 | +2.49% | -0.57% | View data |
| 4 | 4 Spain | 6.34 | 2023 | +1.15% | -2.25% | View data |
| 5 | 5 Czech Republic | 6.04 | 2023 | +0.77% | -0.18% | View data |
| 6 | 6 United Kingdom | 5.6 | 2023 | +2.34% | +2.43% | View data |
| 7 | 7 Slovenia | 4.07 | 2023 | +6.01% | +2.52% | View data |
| 8 | 8 Netherlands | 1.71 | 2023 | +11.16% | +1.67% | View data |
| 9 | 9 Belgium | 1.58 | 2023 | +2.32% | +1.49% | View data |
| 10 | 10 Poland | 1.5 | 2023 | -1.37% | -6.96% | View data |