The forecast for Germany's sold production of hydrogen indicates a declining trend, with values decreasing from €196.17 million in 2024 to €175.52 million by 2028. This represents a consistent year-over-year decrease, with the value dropping by approximately 3% annually. In 2023, the market stood at €202 million, reflecting a contraction in production value from 2024 onwards. The compound annual growth rate (CAGR) over this period is negative, underscoring the reduction in industry momentum.
Future trends to watch for include:
- Shifts in energy policies, particularly around sustainable and renewable energy sources.
- Advances in hydrogen production technologies that might reverse the current downward trend.
- Potential fluctuations in market demand driven by industrial applications and transportation needs.