Forecast: Import of Hydrogen to the UK

The forecasted import of hydrogen to the UK shows a downward trend from 2024 to 2028, with annual imports decreasing from 339.89 thousand kilograms in 2024 to 295.31 thousand kilograms in 2028. This represents a consistent year-on-year decline. Compared to 2023 values, we observe that hydrogen imports have begun a period of steady reduction. The compound annual growth rate (CAGR) over this period indicates a negative growth reflecting the continuous decline in import volumes.

Future trends to watch for include potential policy shifts promoting domestic hydrogen production, advancements in hydrogen technology, and changes in global demand that may impact UK’s import needs. Additionally, environmental policies and economic factors like costs of production and transportation could further influence the trajectory of hydrogen imports.

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