The Environmentally Related Tax Revenue from Pollution in Manufacturing of Rubber and Plastic Products reflects diverse trends across Europe. In 2023, Spain and Malta experienced notable year-on-year increases of 4.6% and 4.91%, respectively. Lithuania and the Czech Republic stood out with double-digit growth, marking significant progressive trends. Conversely, Denmark witnessed a sharp decline of 25.34%, and Bulgaria also saw a substantial decrease of 21.38%. Some countries like France and Belgium experienced mild contractions. Over the past five years, the Compound Annual Growth Rate varied, highlighting differentiated environmental policies and adaptation levels in implementing tax regimes.
Future trends to watch include:
- An increasing shift towards sustainable, less polluting materials in manufacturing, potentially reducing tax revenue.
- The impact of European Union regulations focused on carbon neutrality.
- Technological advancements that may alter the current tax landscape by decreasing the environmental impact of production processes.
- Continued fluctuations driven by varying national policies and economic conditions.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Rubber and Plastic Products by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 13.6 | 2023 | +11.28% | +4.6% | View data |
| 2 | 2 France | 10.19 | 2023 | -1.18% | -2.46% | View data |
| 3 | 3 Hungary | 8.57 | 2023 | +3.95% | +3.31% | View data |
| 4 | 4 Netherlands | 4.16 | 2023 | -2.88% | +3.25% | View data |
| 5 | 5 Belgium | 0.64 | 2023 | -2.98% | -2.78% | View data |
| 6 | 6 Malta | 0.44 | 2023 | +1.77% | +4.91% | View data |
| 7 | 7 Lithuania | 0.32 | 2023 | +4.61% | +10.05% | View data |
| 8 | 8 Czech Republic | 0.29 | 2023 | +2.11% | +9.16% | View data |
| 9 | 9 Denmark | 0.23 | 2023 | -3.09% | -25.34% | View data |
| 10 | 10 Slovakia | 0.19 | 2023 | +0.46% | -0.074% | View data |
