The European Environmentally Related Tax Revenue from Taxes on Energy in the Manufacturing of Chemicals and Pharmaceuticals shows varied trends across countries. In 2023, Italy leads with a revenue of $17.82 million, experiencing a 1% growth year-on-year. Romania saw notable growth of 6.21%, while the UK saw a decline of 1.66%. Estonia recorded the highest year-on-year growth of 8.29%, reflecting robust advancements. Conversely, Finland experienced a significant decline of 11.22%. Over the last five years, variations suggest differing national strategies and economic conditions impacting energy tax revenues.
Future trends to watch include the potential impact of stricter EU environmental regulations and technological advancements in energy efficiency, which may influence energy consumption and subsequent tax revenue in the manufacturing sector across these countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Chemicals, Basic Pharmaceuticals and Preparations Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 17.82 | 2023 | +1.02% | +1% | View data |
| 2 | 2 United Kingdom | 16.57 | 2023 | -1.43% | -1.66% | View data |
| 3 | 3 Romania | 13.92 | 2023 | +2.35% | +6.21% | View data |
| 4 | 4 Serbia | 12.44 | 2023 | +2.78% | +0.42% | View data |
| 5 | 5 Netherlands | 8.9 | 2023 | +1.6% | +2.47% | View data |
| 6 | 6 Belgium | 6.85 | 2023 | -4.57% | -1.8% | View data |
| 7 | 7 Slovenia | 5.4 | 2023 | +0.8% | -0.66% | View data |
| 8 | 8 Lithuania | 5.33 | 2023 | +6.26% | +4.29% | View data |
| 9 | 9 Austria | 3.31 | 2023 | +3.4% | +3.87% | View data |
| 10 | 10 Portugal | 2.95 | 2023 | +5.17% | +4.81% | View data |
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