In 2023, the United Kingdom led the European Environmentally Related Tax Revenue from Transport Taxes in the manufacturing of fabricated metal products, with a significant increase of 1.35% from the previous year. Germany showed a decline of 0.93%, while Switzerland modestly increased by 0.66%. France and Belgium experienced notable decreases of 3.39% and 6.16%, respectively. Smaller economies like Malta and Serbia saw increases in revenues, indicating potential growth in those markets. Overall, the average compound annual growth rate (CAGR) over the last five years indicates diverse performance among countries, with some markets contracting.
Future trends to watch include the impact of evolving European Union environmental policies and automotive sector adjustments on tax revenues. As sustainability becomes increasingly prioritized, countries like Germany and France may enhance environmentally focused taxation, potentially boosting revenues in this sector. Additionally, technological advancements in transport may influence tax structures, guiding future revenue patterns across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Fabricated Metal Products (Except Machinery and Equipment) Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 36.14 | 2023 | +3.04% | +1.35% | View data |
| 2 | 2 Germany | 15.25 | 2023 | -0.63% | -0.93% | View data |
| 3 | 3 Switzerland | 13.79 | 2023 | +1.25% | +0.66% | View data |
| 4 | 4 France | 9.69 | 2023 | +2.51% | -3.39% | View data |
| 5 | 5 Denmark | 7.15 | 2023 | +0.69% | -0.29% | View data |
| 6 | 6 Belgium | 6.3 | 2023 | -4.29% | -6.16% | View data |
| 7 | 7 Finland | 4.41 | 2023 | +1.32% | -0.12% | View data |
| 8 | 8 Slovakia | 2.45 | 2023 | +0.58% | -0.98% | View data |
| 9 | 9 Greece | 2.05 | 2023 | -12.3% | -10.17% | View data |
| 10 | 10 Serbia | 0.88 | 2023 | +0.4% | +0.85% | View data |
