European production of Hydrogen, Argon, Rare Gases, Nitrogen, and Oxygen shows substantial variation across different countries. As per the projected 2024 data, Germany leads with 18.401 billion cubic meters, followed by the Netherlands at 10.315 billion cubic meters. France, Italy, and Spain are also significant players with values around 5 billion cubic meters. Conversely, countries like Slovenia, Montenegro, and Lithuania have minimal production volumes, indicating a substantial disparity across the continent.
In 2023, Germany experienced a slight reduction by 0.11%, while the Netherlands saw a significant increase of 3.94%. France displayed a strong upward trend with a 7.54% rise. Conversely, Italy and Spain experienced minor declines. Poland's output diminished by 4.85%, whereas Belgium's production was relatively stable, increasing by 0.5%. Notably, Bosnia and Herzegovina exhibited a remarkable growth rate of 9.79%, and Montenegro's production expanded by 6.28%. However, Sweden and Bulgaria showed considerable declines, by 29.33% and 19.2%, respectively.
Looking ahead, several trends warrant attention:
- The anticipated continued increase in production for France and Bosnia and Herzegovina.
- The potential for further declines in countries like Sweden and Bulgaria unless counteractive measures are taken.
- Persistent volatility in smaller markets which could significantly impact overall production dynamics.
- Countries like the Netherlands and Germany might maintain their leadership positions through technological advancements and investment in infrastructure.
Top countries in Production of Hydrogen, Argon, Rare Gases, Nitrogen and Oxygen by Country
# | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 18,401,000,000 | 2023 | +0.62% | -0.11% | View data |
2 | 2 Netherlands | 10,315,000,000 | 2023 | +2.92% | +3.94% | View data |
3 | 3 France | 5,006,000,000 | 2023 | +3.54% | +7.54% | View data |
4 | 4 Italy | 4,765,600,000 | 2023 | -5.65% | -1.95% | View data |
5 | 5 Spain | 4,713,000,000 | 2023 | +4.31% | -0.12% | View data |
6 | 6 Poland | 4,602,400,000 | 2023 | -0.66% | -4.85% | View data |
7 | 7 Belgium | 3,947,600,000 | 2023 | +0.84% | +0.5% | View data |
8 | 8 Czechia | 3,243,200,000 | 2023 | |||
9 | 9 Austria | 1,977,200,000 | 2023 | +2.67% | +2.78% | View data |
10 | 10 Finland | 1,514,600,000 | 2023 | -9.7% | -9.09% | View data |