In 2023, Italy led the European market with the highest environmentally related tax revenue in the retail trade sector, excluding motor vehicles and motorcycles, at $27.84 million, despite a slight year-over-year decrease. The United Kingdom showed a positive trend with a 0.76% increase. Significant negative trends were observed in Germany, Spain, and Denmark. Notably, Slovenia experienced an impressive 158.61% surge. Belgium, Switzerland, and the Netherlands also demonstrated positive momentum. Overall, the five-year trend reveals a varied market development across countries, indicating mixed growth patterns based on regional policies and economic conditions.
Looking towards 2024 and beyond, a likely focus on sustainable policies and increased environmental taxation frameworks in Europe could significantly influence tax revenue trends. Factors to watch include policy changes promoting green retail practices, evolving consumer behavior, and global economic conditions impacting environmental tax revenue in this sector.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Retail Trade (Except of Motor Vehicles and Motorcycles) Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.84 | 2023 | +0.15% | -0.83% | View data |
| 2 | 2 United Kingdom | 22.57 | 2023 | +1.31% | +0.76% | View data |
| 3 | 3 Germany | 11.23 | 2023 | -3.51% | -3.69% | View data |
| 4 | 4 Netherlands | 6.23 | 2023 | +1.84% | +2.51% | View data |
| 5 | 5 Spain | 4.18 | 2023 | +0.1% | -4.27% | View data |
| 6 | 6 Poland | 3.93 | 2023 | -0.022% | -2.04% | View data |
| 7 | 7 Belgium | 3.04 | 2023 | +1.08% | +0.032% | View data |
| 8 | 8 Switzerland | 2.91 | 2023 | +1.44% | +0.79% | View data |
| 9 | 9 Sweden | 2.79 | 2023 | -0.6% | -1.17% | View data |
| 10 | 10 Denmark | 2.62 | 2023 | +0.78% | -3.74% | View data |
