In 2023, France leads in environmentally related tax revenue from energy taxes in the manufacturing of chemicals and chemical products, with a value of 3.04 billion US Dollars PPP, despite a slight decrease of 0.37% from the previous year. Poland showed notable growth, with a 10.22% increase, reflecting a growing emphasis on environmental taxation in its chemical sector. In contrast, countries like Finland and the Czech Republic experienced significant declines of 11.4% and 5.73%, respectively. Over the past five years, the sector has seen varied CAGR trends across Europe, with Hungary exhibiting the most substantial growth.
Future trends to watch include increased taxation driven by tighter EU environmental regulations and incentives for cleaner energy use. Country-specific policies will likely affect revenue distribution, with potential shifts in leadership among the top contributors as nations adopt varying degrees of eco-taxation rigor.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Chemicals and Chemical Products by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,040 | 2023 | +4.05% | -0.37% | View data |
| 2 | 2 Poland | 733.18 | 2023 | +4.58% | +10.22% | View data |
| 3 | 3 United Kingdom | 476.12 | 2023 | -1.71% | -1.94% | View data |
| 4 | 4 Romania | 416.24 | 2023 | +2.34% | +6.27% | View data |
| 5 | 5 Spain | 282.36 | 2023 | +5.38% | +4.22% | View data |
| 6 | 6 Czech Republic | 274.38 | 2023 | -5.64% | -5.73% | View data |
| 7 | 7 Belgium | 191.18 | 2023 | -4.39% | -1.41% | View data |
| 8 | 8 Slovenia | 164.08 | 2023 | +0.8% | -0.66% | View data |
| 9 | 9 Lithuania | 151.12 | 2023 | +5.01% | +2.85% | View data |
| 10 | 10 Hungary | 119.24 | 2023 | +1.84% | +14.95% | View data |
