Key Market Indicators
Indonesia's hydrogen export is predicted to reach around $15 million by 2026, up from $13 million in 2021. This represents an average growth rate of 2.8% per year since 2004, when it was at $11 million. Indonesia ranked 50th in 2021, with Latvia coming in ahead of them at $13 million. The Netherlands, Belgium and the United States took the top three spots. Meanwhile, Indonesian hydrogen import is anticipated to drop from $478 million in 2021 to $444 million in 2026, a decrease of 1.5% per year since 1994 when it was at $505 million. Israel topped the chart for 2021 with $478 million, and Belgium, France and the Netherlands followed in 2nd, 3rd and 4th place respectively.