The data for 2023 show Italy leading in environmentally related tax revenue from taxes on energy in manufacturing basic metals, closely followed by Germany. Poland and Romania experienced notable increases, with Poland showing an 11.53% rise and Romania 8.61%, the highest among the larger economies. Slovakia and Hungary also saw significant increases, indicative of their smaller base and possibly growing fiscal focus on energy taxation. Conversely, Finland and Denmark saw the greatest declines at 9.29% and 11.68%, respectively. This highlights potential shifts in energy policy or manufacturing activity within their basic metals industries.
Future trends to watch include potential alignment of tax structures across the EU to incentivize greener practices and the possible impact of emerging energy technologies, like hydrogen, on energy tax revenues. Economic recovery efforts, climate commitments, and energy market conditions will continue to shape revenue trajectories in the manufacturing of basic metals sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Basic Metals by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 647.58 | 2023 | -0.038% | -0.91% | View data |
| 2 | 2 Germany | 623.69 | 2023 | +2.58% | +6.67% | View data |
| 3 | 3 Poland | 382.19 | 2023 | +4.88% | +11.53% | View data |
| 4 | 4 France | 374.62 | 2023 | +0.49% | -1.68% | View data |
| 5 | 5 Romania | 316.61 | 2023 | +3.91% | +8.61% | View data |
| 6 | 6 Spain | 250.83 | 2023 | +0.065% | -3.62% | View data |
| 7 | 7 Austria | 224.58 | 2023 | +3.3% | +6.22% | View data |
| 8 | 8 Belgium | 199.03 | 2023 | +2.81% | +2.31% | View data |
| 9 | 9 Greece | 151.54 | 2023 | +1.52% | +1.44% | View data |
| 10 | 10 Sweden | 142.66 | 2023 | +4.3% | +7.06% | View data |
