In 2023, Italy led with the highest environmentally related tax revenue from energy in manufacturing, valued at $22.15 million. France, the UK, and Poland also contributed significant shares. Poland and Hungary demonstrated robust growth with year-on-year increases of 9.1% and 8.25%, respectively. Estonia exhibited the highest growth rate at 11.95%. Meanwhile, France and Spain experienced declines of 1.15% and 1.9%, respectively. Over the past five years, these variations indicate fluctuating dynamics, with an overall positive trend but specific vulnerabilities in certain countries.
Future trends to watch include:
- Increased emphasis on renewable energy policies potentially altering tax structures.
- Fluctuating commodity prices influencing energy tax revenues.
- Emerging technologies could reshape industrial practices and thus impact tax calculations.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.15 | 2023 | +1.07% | +0.45% | View data |
| 2 | 2 France | 18.33 | 2023 | +1.3% | -1.15% | View data |
| 3 | 3 United Kingdom | 11.06 | 2023 | +1.06% | +0.42% | View data |
| 4 | 4 Poland | 9.55 | 2023 | +3.98% | +9.1% | View data |
| 5 | 5 Romania | 7.97 | 2023 | +3.01% | +5.38% | View data |
| 6 | 6 Spain | 7.46 | 2023 | +0.79% | -1.9% | View data |
| 7 | 7 Belgium | 4.13 | 2023 | +1.71% | +1.76% | View data |
| 8 | 8 Finland | 2.78 | 2023 | +1.71% | -0.32% | View data |
| 9 | 9 Austria | 2.37 | 2023 | +1.51% | +2.09% | View data |
| 10 | 10 Switzerland | 2.03 | 2023 | +2.9% | +1.88% | View data |
