The European import of hydrogen saw notable variations by country in 2023, with Belgium leading the imports at 535.49 million cubic meters, a 26% increase year-on-year. The Netherlands also showed significant growth, with a 42.42% rise, reaching 165.45 million cubic meters. On the contrary, France and Germany witnessed a decline, with decreases of 7.41% and 4.42% respectively. Among smaller markets, notable increases were observed in Denmark (10.41%) and Romania (6.14%), while Hungary (-18.06%) and Estonia (-23.92%) saw substantial drops.
Trends over the past five years reveal varied compound annual growth rates (CAGR) across countries. Belgium and the Netherlands consistently showed strong growth, indicating increasing dependency or strategic stockpiling. Conversely, countries like Hungary and Estonia faced contraction, highlighting either supply challenges or shifting energy policies. Emerging markets such as Spain and Portugal have shown promising growth due to renewable energy initiatives.
Looking ahead, future trends to watch for in European hydrogen imports include the integration of green hydrogen to meet climate targets, potential expansion of hydrogen trade partnerships within the EU, and developments in storage and infrastructure capabilities that may shift current import dynamics.
Top countries in Import of Hydrogen by Country
| # | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 535,490,000 | 2023 | +28.36% | +26% | View data |
| 2 | 2 Netherlands | 165,450,000 | 2023 | +7.18% | +42.42% | View data |
| 3 | 3 France | 35,795,000 | 2023 | -4.82% | -7.41% | View data |
| 4 | 4 Germany | 12,632,000 | 2023 | -1.28% | -4.42% | View data |
| 5 | 5 Austria | 7,721,200 | 2023 | +6.15% | -0.24% | View data |
| 6 | 6 Luxembourg | 6,182,200 | 2023 | +13.84% | -1.63% | View data |
| 7 | 7 Czechia | 4,399,300 | 2023 | |||
| 8 | 8 Poland | 2,678,900 | 2023 | +1.51% | -5.44% | View data |
| 9 | 9 United Kingdom | 2,024,700 | 2023 | -6.84% | -6.67% | View data |
| 10 | 10 Denmark | 1,870,200 | 2023 | +0.089% | +10.41% | View data |
