Key Market Indicators
Sweden is set to become a major hydrogen importer and exporter in the coming years. Imports of hydrogen are expected to rise from $169,030 in 2021 to $212,050 by 2026, with an average annual growth rate of 3.6%. This is a significant increase from 1997, when the country's hydrogen imports had risen 13.1% year on year. In 2021, Sweden ranked 33rd in terms of hydrogen imports, falling behind Croatia which had imports of $169,030. Belgium, France and the Netherlands ranked 2nd, 3rd and 4th respectively. Exports of hydrogen are also expected to increase, with an average annual growth rate of 2.5%. From 2021 to 2026, exports are expected to rise from $983,720 to $1,157,000. This is an increase from 1997, when the country's hydrogen exports had risen 7% year on year. In 2021, Sweden ranked 11th in terms of hydrogen exports, behind Singapore which had exports of $983,720. The Netherlands, Belgium and the United States ranked 2nd, 3rd and 4th respectively.
