The analysis of 2023 data reveals that Germany had the highest environmentally related tax revenue from transport taxes in manufacturing of rubber and plastic products, with 49.24 million USD PPP. Austria and Switzerland followed, each with 12.19 and 8.09 million USD PPP respectively. Year-on-year variations show Austria experienced the highest increase at 3.72%, while the Netherlands saw a significant decrease of 6.12%. Over the last five years, the sector has shown stable growth, with minor fluctuations suggesting a compound annual growth rate (CAGR) that reflects overall regional stability.
Looking ahead to 2024 and beyond, future trends to watch include the impact of sustainability initiatives and regulatory changes on tax revenue. An increased emphasis on sustainable and climate-friendly practices may either raise or redistribute tax burdens, influencing the sector and specific countries differently. Close monitoring of policy changes in key countries like Germany and broader EU directives will be crucial in understanding potential shifts in this market.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Rubber and Plastic Products Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.24 | 2023 | -0.0072% | +0.27% | View data |
| 2 | 2 Austria | 12.19 | 2023 | +3.37% | +3.72% | View data |
| 3 | 3 Switzerland | 8.09 | 2023 | -0.36% | -1.32% | View data |
| 4 | 4 Netherlands | 7.9 | 2023 | -0.089% | -6.12% | View data |
| 5 | 5 Belgium | 6.83 | 2023 | -2.02% | -2.08% | View data |
| 6 | 6 Slovakia | 6.4 | 2023 | -1.19% | -1.03% | View data |
| 7 | 7 Serbia | 4.48 | 2023 | +1.14% | +1.62% | View data |
| 8 | 8 Romania | 3.27 | 2023 | -3.11% | -3.67% | View data |
| 9 | 9 Slovenia | 1 | 2023 | +0.38% | +2.42% | View data |
| 10 | 10 Malta | 0.4 | 2023 | +2.22% | +1.01% | View data |
