The European revenue from environmentally related taxes on transport in the manufacturing of food products, beverages, and tobacco varies significantly by country. In 2023, France leads with $70.8 million, followed by Italy and Austria with $46.52 million and $40.08 million, respectively. The United Kingdom, Portugal, and Belgium have lower revenues, while countries like Ireland, Latvia, and Estonia contribute minimally. Year-on-year data from 2023 shows declines in major countries like France and Germany, with some positive outliers including Bulgaria and Latvia. The five-year CAGR suggests modest fluctuations with notable declines in countries like Ireland and Belgium.
Future trends to watch include increasing regulations on transport emissions which may drive up tax revenues. The ongoing shift towards sustainability in manufacturing processes might lead to more eco-friendly transport solutions, potentially reducing overall tax revenues. Additionally, differences in national policies could further diversify tax yields across countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Food Products, Beverages and Tobacco Products by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 70.8 | 2023 | +2.64% | -2.75% | View data |
| 2 | 2 Italy | 46.52 | 2023 | -0.84% | -1.88% | View data |
| 3 | 3 Austria | 40.08 | 2023 | +1.32% | +0.97% | View data |
| 4 | 4 Germany | 30.14 | 2023 | -1.06% | -0.86% | View data |
| 5 | 5 Netherlands | 24.55 | 2023 | -0.048% | -1.13% | View data |
| 6 | 6 United Kingdom | 17.28 | 2023 | -2.28% | -1.07% | View data |
| 7 | 7 Portugal | 12.17 | 2023 | +1.12% | -1.42% | View data |
| 8 | 8 Belgium | 8.51 | 2023 | -6.39% | -6.42% | View data |
| 9 | 9 Norway | 7.64 | 2023 | -0.95% | -1.78% | View data |
| 10 | 10 Greece | 7.47 | 2023 | -14.84% | -12.19% | View data |
