In 2023, Italy leads in European environmentally related tax revenue from transport taxes in furniture and other manufacturing sectors, despite experiencing a slight decrease of 1.6%. The UK saw a positive trend with a 2.09% increase. France, Switzerland, and Belgium all recorded declines, with France experiencing the most significant drop at 1.97%. Among smaller markets, Spain and Hungary showed substantial growth, while Cyprus and Iceland faced notable declines.
Future trends to watch include growth potential in Eastern European countries like Hungary and Slovenia due to increasing industrial activities, alongside potential shifts in tax policies across Europe aimed at enhancing sustainability in manufacturing sectors.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.04 | 2023 | -0.38% | -1.6% | View data |
| 2 | 2 United Kingdom | 28.76 | 2023 | +3.33% | +2.09% | View data |
| 3 | 3 France | 16.69 | 2023 | +1.19% | -1.97% | View data |
| 4 | 4 Switzerland | 5.17 | 2023 | +0.7% | -0.18% | View data |
| 5 | 5 Belgium | 4.82 | 2023 | -0.6% | -1.89% | View data |
| 6 | 6 Sweden | 3.79 | 2023 | +0.48% | +1.78% | View data |
| 7 | 7 Poland | 2.53 | 2023 | -0.49% | -0.036% | View data |
| 8 | 8 Croatia | 0.89 | 2023 | -0.96% | -1.21% | View data |
| 9 | 9 Spain | 0.57 | 2023 | +3.51% | +2.27% | View data |
| 10 | 10 Romania | 0.49 | 2023 | -0.58% | -1.75% | View data |
