In 2023, the export value of hydrogen from Sweden stood at 1.105 Million US Dollars. Starting from 2024, the forecasted export values are showing a steady year-on-year increase:
- 2024: 1.1403 Million US Dollars (+3.2% YoY)
- 2025: 1.1775 Million US Dollars (+3.3% YoY)
- 2026: 1.2139 Million US Dollars (+3.1% YoY)
- 2027: 1.2495 Million US Dollars (+2.9% YoY)
- 2028: 1.2845 Million US Dollars (+2.8% YoY)
Across the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) of Sweden’s hydrogen export is approximately 3.1%.
Future trends to watch for include advancements in hydrogen production technology, increasing global demand for clean energy, and potential shifts in governmental policies that could impact Sweden’s export capabilities and market positioning in the hydrogen sector.
