Key Market Indicators
Hydrogen imports to Brazil are forecast to reach $5.4 billion by 2026, down 2.6% from $6.2 billion in 2021. Since 1994, Brazilian demand has grown by 0.4% annually. In 2021, the country ranked 89th, with Ivory Coast ahead at $6.2 billion. The Netherlands, Belgium and France respectively ranked second, third and fourth in the ranking. Exports of hydrogen from Brazil are projected to reach $55.5 billion in 2026, up 3.9% from $43.3 billion in 2021. Since 1995, Brazilian supplies have grown 35.5% each year. In 2021, the country was 40th, with Trinidad and Tobago ahead at $43.3 billion. The Netherlands, Belgium and the US placed second, third and fourth respectively.
