The United Kingdom leads Europe in environmentally related tax revenue from all environmental taxes in wholesale trade, with $26.33 million forecasted for 2024. Italy and Germany follow, but Germany's revenue shows a significant decline, over 6% from 2023. Spain exhibits positive growth, while Austria and Bulgaria display modest increases, contrary to general declines across most countries. Finland and Lithuania experience the steepest decreases, over 11% year-on-year.
Future trends to watch include further declines in revenues for many countries if current policies remain unchanged. However, any strategic shifts towards greener practices and incentives for sustainable wholesales could potentially alter the trajectory positively, fostering recovery or growth in these revenues.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Wholesale Trade (Except of Motor Vehicles and Motorcycles) Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 26.33 | 2023 | -0.2% | -0.92% | View data |
| 2 | 2 Italy | 17.37 | 2023 | -0.59% | -0.71% | View data |
| 3 | 3 Germany | 9.84 | 2023 | -7.06% | -6.39% | View data |
| 4 | 4 Spain | 7.6 | 2023 | +2.33% | +0.81% | View data |
| 5 | 5 Netherlands | 7.11 | 2023 | +0.77% | -1.08% | View data |
| 6 | 6 Poland | 6.03 | 2023 | +0.19% | -0.054% | View data |
| 7 | 7 Austria | 4.14 | 2023 | +2.71% | +2% | View data |
| 8 | 8 Belgium | 2.71 | 2023 | -0.16% | -1.44% | View data |
| 9 | 9 Portugal | 2.64 | 2023 | -1.75% | -2.73% | View data |
| 10 | 10 Czech Republic | 2.6 | 2023 | -4.44% | -3.97% | View data |