Key Market Indicators
Germany is set to be a major player in the international hydrogen market in the years to come. Imports of the gas are projected to reach around $7.5 million by 2026, growing at a rate of 1% per year since 2021. In 2021, Germany was the fifth-largest importer, though the Netherlands overtook it with $6.9 million. Belgium, France and the Netherlands were respectively the second, third, and fourth-largest importers of hydrogen in 2021. Exports of hydrogen from Germany are expected to reach around $6.5 million by 2026, declining on average by 0.1% annually since 2021. In 2021, Germany was the fifth-largest exporter, though the United States overtook it at $6.5 million. The Netherlands, Belgium and the United States were respectively the second, third and fourth-largest exporters of hydrogen in 2021.