In 2023, France led European environmentally related tax revenue from pollution taxes in the basic and fabricated metal manufacturing sector, with revenues of $45.17 million. The Netherlands showed the highest year-on-year growth at 8.25%, while the United Kingdom saw a significant decline of 22.73%. Other notable variations include Austria's slight decrease by 1.16% and Ireland's growth of 7.35%. Over recent years, trends indicate variable growth, with certain countries like Lithuania experiencing declines (-10.24%).
Looking forward to 2024 and beyond, key trends include increasing revenues in nations like the Netherlands and France, potentially driven by enhanced regulatory frameworks and eco-friendly initiatives. Moreover, declining revenues in countries such as the United Kingdom highlight a reduction in manufacturing output or improvement in emission technologies. Observer economic shifts and innovative pollution-control policies across Europe will critically influence future tax revenue trajectories.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Basic Metals and Fabricated Metal Products (Except Machinery and Equipment) Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 45.17 | 2023 | +1.67% | +3.58% | View data |
| 2 | 2 Netherlands | 14.13 | 2023 | +1.87% | +8.25% | View data |
| 3 | 3 Austria | 13.74 | 2023 | +2.88% | -1.16% | View data |
| 4 | 4 Belgium | 10.09 | 2023 | +2.26% | +2.17% | View data |
| 5 | 5 United Kingdom | 8.33 | 2023 | -34.59% | -22.73% | View data |
| 6 | 6 Switzerland | 3.33 | 2023 | -1.86% | -0.88% | View data |
| 7 | 7 Denmark | 1.73 | 2023 | +0.12% | -4.09% | View data |
| 8 | 8 Ireland | 1.59 | 2023 | +13.19% | +7.35% | View data |
| 9 | 9 Hungary | 1.56 | 2023 | -0.12% | -0.44% | View data |
| 10 | 10 Serbia | 1.07 | 2023 | +2.98% | +1.14% | View data |
