Forecast: Import of Hydrogen to Germany

In 2024, Germany's hydrogen imports are valued at $7.628 million, marking the starting point for the forecast period. The data projects steady growth in hydrogen imports, with an annual increase of approximately 1.5% to 1.6% year-on-year. By 2028, imports are expected to reach $8.0682 million, suggesting a sustained compound annual growth rate (CAGR) of around 1.4% over the five-year period. As a comparison, the hydrogen import figure for 2023 was notably lower than the projected values for the forecast period, underscoring a clear upward trend.

Future trends to watch for include:

  • Technological advancements in hydrogen production and storage that may affect import needs.
  • Policy shifts in both Germany and exporting countries, potentially impacting import dynamics.
  • Fluctuations in global hydrogen prices affecting the cost-effectiveness of imports.

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