The 2023 data shows Germany leading in environmentally related tax revenue from transport in the chemical manufacturing sector, reflecting its substantial role in the industry, despite a slight decline of 1.21%. Italy and Austria follow with moderate revenues, with Austria showing a positive growth of 3.03%. The Netherlands and the UK experienced declines of 6.87% and 3.17% respectively. The Baltic states remain minor contributors, with Estonia experiencing a drop of 4.05%. Over the past five years, volatility in trends suggests mixed performances across countries.
Looking ahead, key trends to watch include:
- Germany's potential policy adaptations affecting future revenue stability.
- Austria's ability to sustain its growth trajectory in tax revenues.
- Impacts of EU-wide environmental regulations that might shift the tax landscape.
- Effectiveness of national strategies to minimize emissions in the transportation of chemical products.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Chemicals and Chemical Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.83 | 2023 | -0.73% | -1.21% | View data |
| 2 | 2 Italy | 11.48 | 2023 | -1.1% | -0.75% | View data |
| 3 | 3 Austria | 9.97 | 2023 | +3.35% | +3.03% | View data |
| 4 | 4 Netherlands | 9.86 | 2023 | +4.77% | -6.87% | View data |
| 5 | 5 Finland | 7.78 | 2023 | +3.54% | -0.56% | View data |
| 6 | 6 United Kingdom | 5.43 | 2023 | -4.26% | -3.17% | View data |
| 7 | 7 Portugal | 2.95 | 2023 | +0.19% | -1.13% | View data |
| 8 | 8 Hungary | 2.08 | 2023 | +2.11% | -1.37% | View data |
| 9 | 9 Ireland | 0.82 | 2023 | +3.2% | -10.6% | View data |
| 10 | 10 Slovakia | 0.64 | 2023 | -3.84% | -2.11% | View data |
