In 2023, Sweden led the European Environmentally Related Tax Revenue in the manufacturing of wood and related products, with a slight increase of 1.06%, maintaining its top position. Spain and the United Kingdom experienced marginal declines. Germany saw a significant decrease of 5.63%, indicating tougher market conditions or policy changes. Ireland and Portugal recorded notable growth, with Ireland achieving a 5.3% increase. By contrast, Greece and the Czech Republic faced significant reductions, emphasizing varied regional economic or regulatory factors.
Looking forward to 2024, countries like Serbia and the Netherlands show promise with substantial revenue growth in 2023. As environmental taxes evolve, monitoring their impact on the wood product manufacturing sector will be crucial, particularly in balancing competitiveness with sustainability goals across Europe.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Wood, of Products of Wood and Cork (Except Furniture), of Articles of Straw and Plaiting Materials Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 12.76 | 2023 | +1.8% | +1.06% | View data |
| 2 | 2 Spain | 11.63 | 2023 | +0.54% | -0.89% | View data |
| 3 | 3 Germany | 11.46 | 2023 | -6.22% | -5.63% | View data |
| 4 | 4 Poland | 11.18 | 2023 | +1.08% | -0.7% | View data |
| 5 | 5 Austria | 10.93 | 2023 | +0.81% | +0.35% | View data |
| 6 | 6 United Kingdom | 8.93 | 2023 | -1.13% | -0.84% | View data |
| 7 | 7 Romania | 8.08 | 2023 | +3.54% | -0.37% | View data |
| 8 | 8 Belgium | 5.88 | 2023 | +2.83% | +1.87% | View data |
| 9 | 9 Portugal | 3.76 | 2023 | +2.42% | +0.73% | View data |
| 10 | 10 Netherlands | 2.89 | 2023 | -1.66% | +3.91% | View data |
