European Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Chemicals, Basic Pharmaceuticals and Preparations Share by Country (Million US Dollars PPP = 2015)

In 2024, Germany leads European environmentally related tax revenues from transport in the manufacturing of chemicals and pharmaceuticals, at 50.08 million US dollars PPP (2015), a slight decline from the previous year. Notably, Italy witnesses a modest year-on-year increase, while Belgium, Hungary, and Switzerland face small declines. Poland, Ireland, and Cyprus show more substantial decreases. Smaller markets like Latvia and Croatia experienced minimal fluctuations. Over the past five years, the average compound annual growth rates reveal slight declines in most countries, indicating gradual shifts in tax revenue dynamics within this sector.

Future trends worth monitoring include the impact of stronger regulatory frameworks across the EU, encouraging sustainable transportation practices. Countries might also increase taxation to meet environmental goals, potentially leading to revenue fluctuations. Technological advancements in transport logistics and manufacturing could significantly influence future trends and environmental tax revenues in this sector.