Key Market Indicators
By 2026, Chinese exports of hydrogen are forecast to reach $146,390, up 2.7% annually from 2021. This increase will be driven by growth in China's production capacity, which has risen 29.6% year on year since 1997. In 2021, the country was ranked 26th in the world, with South Korea coming ahead at $124,850. The Netherlands, Belgium and the United States followed in second, third and fourth place. Conversely, Chinese imports of hydrogen have decreased by 33.6% since 1997. In 2018, they came in at $3,940, down 63.1% from the previous year. In 2018, the country ranked 97th in the world, with Brunei ranked one place ahead at $3,940. Belgium, France and the Netherlands were placed second, third and fourth respectively.