In 2023, Germany led European environmentally related tax revenue from taxes on transport in manufacturing basic metals, at approximately $29.42 million, despite a minor decline of 1.6% compared to the previous year. France and Italy followed with values of $22.59 million and $19.34 million, respectively, with France witnessing a significant decrease of 5.93%, whereas Italy saw a modest increase of 0.33%. Finland and Norway notably experienced substantial growth, with increments of 6.32% and 1.35%. Conversely, Belgium, Greece, and Iceland faced notable declines of 11.79%, 9.69%, and 14.21% respectively. The longer-term trends reveal fluctuating performances among countries, with countries like Latvia and Slovenia showing positive trends over the past five years.
Future trends to watch include the impact of potential regulatory changes aimed at increasing environmentally related tax revenue in alignment with European Green Deal objectives. Monitoring how countries balance industrial competitiveness with green taxation will be crucial. Additionally, technological advancements in manufacturing and transportation could significantly influence these revenues, alongside evolving consumer and industry demands for sustainable practices.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Basic Metals Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.42 | 2023 | -1.08% | -1.6% | View data |
| 2 | 2 France | 22.59 | 2023 | -1.3% | -5.93% | View data |
| 3 | 3 Italy | 19.34 | 2023 | +2.87% | +0.33% | View data |
| 4 | 4 Finland | 7.11 | 2023 | +4.93% | +6.32% | View data |
| 5 | 5 Austria | 3.87 | 2023 | -0.56% | -0.83% | View data |
| 6 | 6 Norway | 3.68 | 2023 | +3.08% | +1.35% | View data |
| 7 | 7 Spain | 3.18 | 2023 | -0.4% | -2.01% | View data |
| 8 | 8 Switzerland | 2.01 | 2023 | -2% | -3.07% | View data |
| 9 | 9 Belgium | 1.76 | 2023 | -14.54% | -11.79% | View data |
| 10 | 10 Poland | 1.69 | 2023 | -0.24% | -0.34% | View data |
