In 2023, Germany imported hydrogen, rare gases, and non-metals valued at an estimated USD 1.099 billion. From 2024 to 2028, the forecasted import values show a consistent upward trend, with a compound annual growth rate (CAGR) of approximately 2% per year. Year-on-year growth is observed to be steady, indicating a gradual increase driven by factors such as rising industrial demand and advancements in technology.
Future trends to watch for include:
- Shifts in global energy policies promoting hydrogen use as a cleaner energy source, potentially increasing imports.
- Technological advancements in rare gas applications and non-metal industries fueling demand.
- Geopolitical factors and trade policies impacting import costs and supply chain reliability.