Key Market Indicators
The demand for hydrogen imports in the Philippines is set to increase. According to figures from 2021, the demand for hydrogen imports is expected to reach $7,770 by 2026, growing by an average of 2.9% year on year. Since 2001, the country has seen a 22.8% increase in hydrogen imports year on year. In 2021, the Philippines came in 86th place for hydrogen imports, just behind Mauritius with $6,560. Belgium, France and the Netherlands occupied the top three spots in this ranking.