In 2023, Romania leads European Environmentally Related Tax Revenue from energy taxes in coke and refined petroleum manufacturing, with $27.4 million. The UK and Italy follow, showcasing moderate revenue. Significant growth is seen in Slovakia and Austria, while Greece and Bulgaria experience notable declines. Variations indicate regional disparities with the Netherlands and Hungary showing robust growth.
Future trends to watch include increasing energy tax regulations in manufacturing across Europe, with a focus on reducing carbon emissions which may lead to an uptick in tax revenues. Monitoring the impact of economic policies and green initiatives will be essential to adapt strategies and manage financial implications effectively.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Coke and Refined Petroleum Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 27.4 | 2023 | +2.32% | +2.82% | View data |
| 2 | 2 United Kingdom | 25.26 | 2023 | +2% | +0.89% | View data |
| 3 | 3 Italy | 11.44 | 2023 | +4.74% | +2.23% | View data |
| 4 | 4 Germany | 10.94 | 2023 | +0.36% | +2.25% | View data |
| 5 | 5 France | 7.24 | 2023 | +5.44% | +18.84% | View data |
| 6 | 6 Belgium | 5.3 | 2023 | +3.95% | +4.54% | View data |
| 7 | 7 Hungary | 4.65 | 2023 | +3.11% | +7.6% | View data |
| 8 | 8 Netherlands | 3.32 | 2023 | +8.24% | +9.88% | View data |
| 9 | 9 Greece | 1.8 | 2023 | -3.54% | -6.56% | View data |
| 10 | 10 Serbia | 1.04 | 2023 | +3.99% | -0.6% | View data |
