Key Market Indicators
Paraguay is set to become a major importer of hydrogen by 2026, with demand growing 4.3% every year. Since 1995, the country has seen an annual growth rate of 18% in hydrogen imports. In 2021, Paraguay took the 69th spot in the global ranking of hydrogen-importing countries, with Peru coming in ahead at 16,330 USD. Belgium, France, and the Netherlands were the next highest-ranking countries, taking the 2nd, 3rd, and 4th spots, respectively.