Key Market Indicators
Lithuanian export of hydrogen is expected to reach $28.3 million by 2026, up from $23.5 million in 2021. This amounts to an average growth rate of 2.8% year on year. Since 1999, however, export has decreased by 0.1% year on year. In 2021, Lithuania placed 43rd in the global ranking, overtaken by Ukraine at $23.5 million. The Netherlands, Belgium, and the United States respectively placed 2nd, 3rd and 4th. Import of hydrogen to Lithuania is predicted to reach $32.0 million by 2026, up from $26.9 million in 2021. This amounts to an average growth rate of 2.7% year on year. Since 1999, however, demand has decreased by 0.1% year on year. In 2021, Lithuania was 61st in the global ranking, overtaken by New Zealand at $26.9 million. Belgium, France and the Netherlands respectively placed 2nd, 3rd and 4th.
