The sold production of hydrogen in the Netherlands was valued at €352.44 million in 2023. Over the past few years, hydrogen production has experienced significant volatility. From a low of €190.45 million in 2016, it surged to €613.52 million in 2021, followed by a sharp decline and moderate recovery in subsequent years. The year-on-year increase in 2023 was 6.11%, while the five-year CAGR is 2.25%. Forecasts indicate slow growth, with the value projected to reach €374.88 million by 2028, marking a modest five-year growth rate of 5% and a forecasted five-year CAGR of 0.98%.
Future trends to watch include advancements in hydrogen production technologies, shifts in policy and regulatory frameworks, and growing demand for green hydrogen as part of the energy transition towards more sustainable sources.
