Belgium leads European imports of industrial gases in 2024 with 686.54 million cubic meters, followed by the Netherlands and Germany. Despite fluctuations in Germany's imports, Belgium and the Netherlands showed robust growth rates of 13.83% and 22.95% respectively in 2023. Notably, Malta marked an exceptional growth of 95.68%. Other countries like Finland and Greece have also contributed to positive regional trends, with increases of over 10%. Meanwhile, Spain's imports dropped substantially by 14.37%, indicating potential supply or demand challenges. Smaller European countries exhibited mixed performance, with a few like Cyprus showing significant declines.
Looking ahead, the European import market for industrial gases could be influenced by factors such as strategic energy transitions, shifts in manufacturing demand, and evolving environmental policies. As clean energy initiatives gain momentum, hydrogen imports may particularly rise. Monitoring geopolitical developments and supply chain dynamics will also be critical to understanding the market trajectory in coming years.
Top countries in Import of Hydrogen, Argon, Rare Gases, Nitrogen and Oxygen by Country
| # | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 686,540,000 | 2023 | +23.49% | +13.83% | View data |
| 2 | 2 Netherlands | 499,180,000 | 2023 | -3.38% | +22.95% | View data |
| 3 | 3 Germany | 425,560,000 | 2023 | +4.66% | -2.47% | View data |
| 4 | 4 France | 253,720,000 | 2023 | +6.66% | +1.11% | View data |
| 5 | 5 Luxembourg | 169,090,000 | 2023 | +5.38% | -1.06% | View data |
| 6 | 6 Slovakia | 144,510,000 | 2023 | +2.86% | +5.18% | View data |
| 7 | 7 Czechia | 127,780,000 | 2023 | |||
| 8 | 8 Slovenia | 86,872,000 | 2023 | +0.6% | -2.36% | View data |
| 9 | 9 Hungary | 72,909,000 | 2023 | +3.24% | +1.28% | View data |
| 10 | 10 Greece | 60,203,000 | 2023 | +3.44% | +12.2% | View data |
