In 2023, Spain and Hungary led European environmentally related tax revenues from pollution in rubber and plastic manufacturing, with notable growth at 5.67% and 3.73% respectively. France and Poland showed modest increases, while countries like Denmark and Iceland faced significant declines at over 40%, indicating challenges in maintaining eco-tax revenues.
Over the past five years, Lithuania and Serbia demonstrated strong growth in tax revenues, despite overall economic pressures in the EU region. Negative growth in nations like the UK and Austria signifies shifts in industry dynamics or policy changes, affecting tax revenue stability.
Future trends suggest that environmental tax structures may become more stringent as EU countries push towards sustainability. Innovation in manufacturing practices and changes in consumer behavior could further influence revenue streams, emphasizing the need for countries to adapt strategically to these changes.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Rubber and Plastic Products Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 23.95 | 2023 | +12% | +5.67% | View data |
| 2 | 2 Hungary | 21.8 | 2023 | +3.84% | +3.73% | View data |
| 3 | 3 France | 17.06 | 2023 | +4.69% | +1.29% | View data |
| 4 | 4 Poland | 16.02 | 2023 | -0.045% | +0.76% | View data |
| 5 | 5 Italy | 6.86 | 2023 | +0.25% | -0.16% | View data |
| 6 | 6 United Kingdom | 6.12 | 2023 | -3.45% | -3.86% | View data |
| 7 | 7 Switzerland | 3.85 | 2023 | -0.017% | +2.31% | View data |
| 8 | 8 Austria | 1.53 | 2023 | +1.83% | -3.92% | View data |
| 9 | 9 Lithuania | 0.78 | 2023 | +4.62% | +10.63% | View data |
| 10 | 10 Malta | 0.78 | 2023 | +1.66% | +4.77% | View data |
