In 2023, France led in environmentally related tax revenue from pollution in the manufacturing of fabricated metal products, with a slight increase of 3.22%. Italy and Belgium saw slight decreases of 3.49% and 3.8% respectively, while the UK and Finland experienced significant declines of 11.7% and 34.46%. Denmark also observed a decline of 7.74%. In contrast, countries like Hungary (3.3%), Malta (3.88%), and Estonia (6.05%) witnessed positive growth. Latvia and Slovakia had modest increases of 2.16% and 2.14% respectively.
Looking forward, future trends in Europe may focus on tighter regulations on pollution, leading to increased tax revenues. Countries that implement sustainable manufacturing practices earlier could benefit economically and environmentally. Monitoring shifts in policy and technology will be key to understanding the future landscape of environmentally related tax revenues in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of 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 | 43.94 | 2023 | +1.55% | +3.22% | View data |
| 2 | 2 Italy | 24.69 | 2023 | -1.28% | -3.49% | View data |
| 3 | 3 United Kingdom | 11.7 | 2023 | -15.37% | -11.7% | View data |
| 4 | 4 Denmark | 6.22 | 2023 | -4.73% | -7.74% | View data |
| 5 | 5 Belgium | 5.86 | 2023 | -4.19% | -3.8% | View data |
| 6 | 6 Hungary | 4.45 | 2023 | +2.91% | +3.3% | View data |
| 7 | 7 Malta | 1.24 | 2023 | +1.58% | +3.88% | View data |
| 8 | 8 Slovakia | 1.14 | 2023 | +1.46% | +2.14% | View data |
| 9 | 9 Estonia | 0.43 | 2023 | +7.36% | +6.05% | View data |
| 10 | 10 Latvia | 0.32 | 2023 | +2.48% | +2.16% | View data |
