In 2023, Italy leads with the highest environmentally related tax revenue from energy taxes in manufacturing of wood, paper, printing, and reproduction, followed by France, and Spain. Hungary, Romania, and Slovenia exhibit significant year-on-year increases, while the Czech Republic and Denmark see declines. Over five years, Romania demonstrates robust growth, contrasted by Finland's consistent decline. The broader trend points to modest annual increases across most countries, with few exceptions demonstrating decline.
Future trends to watch include:
- Potential shifts in tax policies aligning with EU sustainability objectives.
- Technological advancements influencing energy efficiency in manufacturing.
- Varying national policies on renewable energy adoption impacting tax revenues.
- Volatility in energy prices influencing tax strategies and manufacturing costs.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Wood, Paper, Printing and Reproduction by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 425.66 | 2023 | +0.091% | -0.48% | View data |
| 2 | 2 France | 371.11 | 2023 | +3.5% | +0.95% | View data |
| 3 | 3 Spain | 285.92 | 2023 | +2.88% | +0.98% | View data |
| 4 | 4 Sweden | 180.03 | 2023 | +2.17% | +1.49% | View data |
| 5 | 5 Poland | 121.63 | 2023 | +2.26% | +1.06% | View data |
| 6 | 6 Finland | 108.69 | 2023 | +0.9% | -0.87% | View data |
| 7 | 7 Romania | 98.25 | 2023 | +4.62% | +7.14% | View data |
| 8 | 8 Portugal | 63.32 | 2023 | +5.47% | +3.3% | View data |
| 9 | 9 Switzerland | 46.71 | 2023 | +1.07% | -0.15% | View data |
| 10 | 10 Hungary | 29.72 | 2023 | +4.97% | +10.53% | View data |
