The Netherlands leads in Europe's environmentally related tax revenue from pollution in textiles manufacturing, followed by Italy and France. Notably, Switzerland and France saw positive growth in 2023, increasing by 6.26% and 2.0% respectively, while others like the United Kingdom and Slovakia experienced significant declines. The Netherlands, Italy, Belgium, and several others faced negative growth in 2023, highlighting a regional decline in tax revenues from pollution in these sectors.
Looking ahead, key trends to watch include potential shifts in environmental policies across Europe that may influence tax structures, as well as technological advancements and sustainability initiatives within the textile manufacturing sector that could impact tax revenues. Furthermore, regional economic conditions and consumer demand for eco-friendly products may also drive changes in this area.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Textiles, Wearing Apparel and Leather Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 38.84 | 2023 | +6.97% | -0.98% | View data |
| 2 | 2 Italy | 22.94 | 2023 | -0.62% | -4.47% | View data |
| 3 | 3 France | 19.75 | 2023 | -0.4% | +2% | View data |
| 4 | 4 United Kingdom | 7.69 | 2023 | -12.2% | -10.86% | View data |
| 5 | 5 Belgium | 2.63 | 2023 | -2.45% | -2.07% | View data |
| 6 | 6 Switzerland | 2.23 | 2023 | +0.54% | +6.26% | View data |
| 7 | 7 Serbia | 1.77 | 2023 | +5.37% | -2.75% | View data |
| 8 | 8 Denmark | 1.71 | 2023 | -1.39% | -1.33% | View data |
| 9 | 9 Hungary | 1.55 | 2023 | +2.29% | -1.62% | View data |
| 10 | 10 Lithuania | 1.17 | 2023 | +2.49% | -7.87% | View data |
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