Key Market Indicators
Belgium, France, and the Netherlands respectively came in numbers 2, 3 and 4 in this ranking. Morocco's demand for hydrogen is set to reach $257,000 by 2026, growing at a rate of 4.6% each year. This is an increase of more than 60% since 1999. In 2021, Morocco was the 31st largest market for hydrogen, lagging behind Colombia, which reached $192,000. Belgium, France and the Netherlands followed in that order. Since 2017, however, Morocco's supply of hydrogen has dropped by more than two-thirds. Belgium, France and the Netherlands maintained their positions at second, third and fourth respectively.