The industrial gases market in Croatia has shown varied growth dynamics from 2013 to 2023, with the 2023 market size standing at 23.293 million euros. While experiencing fluctuations, recent years indicate stability with a notable rebound post-2018, peaking in 2020 and seeing a modest 2.46% growth by 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) rests at 1.15%, reflecting moderate progress in the sector.
Future trends to watch for include:
- Technological advancements in gas production efficiency.
- Increased investment in green hydrogen infrastructure.
- Growing demand from industrial and healthcare sectors.
- Potential regulatory changes impacting the market dynamics.
How does Croatia rank in Hydrogen, Argon, Rare Gases, Nitrogen and Oxygen Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,254,300,000 | 2023 | -0.44% | -1.38% | View data |
| 2 | 2 France | 942,880,000 | 2023 | -3.16% | -3.39% | View data |
| 3 | 3 Spain | 903,180,000 | 2023 | +3.11% | +2.62% | View data |
| 4 | 4 Netherlands | 761,690,000 | 2023 | -0.24% | -1.48% | View data |
| 5 | 5 Poland | 422,110,000 | 2023 | +2.56% | +2.51% | View data |
| 13 | 13 Greece | 54,032,000 | 2023 | -0.068% | -0.65% | View data |
| 14 | 14 Bulgaria | 36,809,000 | 2023 | +2.65% | +3.54% | View data |
| 15 | 15 Croatia | 23,293,000 | 2023 | +2.46% | +1.15% | |
| 16 | 16 Slovakia | 21,067,000 | 2023 | -8.32% | -7.23% | View data |
| 17 | 17 Lithuania | 4,539,200 | 2023 | -2.93% | +0.58% | View data |
