Key Market Indicators
Spain's hydrogen export fell by 24.5% in 2021 compared to 2020, amounting to $125,170. This marks a 32.4% drop since 1994. Denmark overtook Spain to become number 1 in the ranking, with exports of $125,170. The Netherlands, Belgium, and the United States followed in 2nd, 3rd and 4th place, respectively. Spain's hydrogen import is expected to reach $231,130 by 2026, down 2.5% year-on-year on average from the 2021 figure of $264,690. This marks a 3.3% decrease since 1994. Denmark was the leading supplier in 2021, with imports of $264,690, and was followed by Belgium, France and the Netherlands in 2nd, 3rd and 4th place, respectively.
