In 2023, Italy's hydrogen production stood at 645.38 million cubic meters. The forecast data for 2024 indicates a production of 645.43 million cubic meters, showcasing a minimal year-on-year increase. From 2025 to 2028, the production is projected to show marginal increments, maintaining a steady but slow growth trend.
Year-on-year variations are quite small: from 2024 to 2025, the increase is virtually flat, and similar trends are observed up to 2028. Over the past two years, the growth rates are minimal, pointing to a stable yet stagnant production scenario. The Compound Annual Growth Rate over the last five years indicates negligible growth, reinforcing this consistent but modest rise in production values.
Future trends to watch for in the hydrogen production sector in Italy include technological advancements in hydrogen extraction and storage, government policies and subsidies aimed at boosting production, and international collaborative efforts to enhance hydrogen infrastructure. Keeping an eye on these trends could provide insights into potential shifts in the industry's growth trajectory.
