The European environmentally related tax revenue for manufacturing wood-related products showed diverse trends in 2023. The Netherlands led with revenue of $2.18 million, while smaller economies like Cyprus and Slovenia had much lower figures. Notable growth was observed in Croatia (12.74%) and Lithuania (4.54%), indicating a rising focus on resource taxes in these countries, whereas France and Slovenia saw declines, suggesting potential changes in tax structures or manufacturing activities. Over the past five years, growth has been modest, with varying trends across countries.
Looking forward, attention should focus on policies impacting the wood manufacturing sector, especially regarding green taxation and environmental incentives. The increasing emphasis on sustainable practices and regulatory changes could significantly influence revenue patterns, encouraging more eco-friendly manufacturing processes and impacting tax revenues accordingly.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Manufacturing of Wood, of Products of Wood and Cork (Except Furniture), of Articles of Straw and Plaiting Materials by Country
| # | 8 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2.18 | 2023 | +19.04% | View data | |
| 2 | 2 Latvia | 0.78 | 2023 | +5.45% | +4.29% | View data |
| 3 | 3 Croatia | 0.35 | 2023 | +4.24% | +12.74% | View data |
| 4 | 4 Lithuania | 0.33 | 2023 | +5.74% | +4.54% | View data |
| 5 | 5 France | 0.23 | 2023 | -1.09% | -2.73% | View data |
| 6 | 6 Estonia | 0.12 | 2023 | +7.85% | +3.63% | View data |
| 7 | 7 Cyprus | 0.014 | 2023 | +7.47% | View data | |
| 8 | 8 Slovenia | 0.012 | 2023 | -9.15% | -8.66% | View data |
