In 2023, Italy led in environmentally related tax revenue from energy in the manufacturing of basic and fabricated metal products with $32.53 million, followed by Germany with $16.9 million, and Poland at $16.23 million. Countries like Iceland, Hungary, and Norway experienced noticeable year-on-year increases, indicating emerging trends. Over five years, the average annual growth was modest across most nations, with Iceland notably expanding rapidly.
Future trends to monitor include potential policy shifts towards sustainability, which may increase such taxes. Additionally, the prioritization of green energy initiatives across Europe could further influence revenue dynamics in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Basic Metals and Fabricated Metal Products (Except Machinery and Equipment) Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.53 | 2023 | +2.07% | +5.25% | View data |
| 2 | 2 Germany | 16.9 | 2023 | +2.08% | +5.3% | View data |
| 3 | 3 Poland | 16.23 | 2023 | +4.45% | +9.67% | View data |
| 4 | 4 Romania | 12.74 | 2023 | +3.46% | +8.11% | View data |
| 5 | 5 Greece | 5.12 | 2023 | +1.71% | +2.34% | View data |
| 6 | 6 United Kingdom | 5.09 | 2023 | +1.33% | +1.49% | View data |
| 7 | 7 Austria | 4.52 | 2023 | +1.92% | +4.94% | View data |
| 8 | 8 Hungary | 1.63 | 2023 | +4.9% | +14.27% | View data |
| 9 | 9 Switzerland | 1.46 | 2023 | +3.12% | +2.52% | View data |
| 10 | 10 Slovenia | 1.07 | 2023 | +10.38% | +5.3% | View data |
