The production of hydrogen in France remained negligible until 2019, when it saw a significant surge. From that point, production has steadily increased, reaching 1,050,300,000 Unit Cubic Meters in 2023. This shift marks a year-on-year growth rate of 12.74% for 2023. Notable variations in recent years include a drop of 26.08% in 2020, followed by a recovery with increases of 24.24% in 2021 and 4.57% in 2022. The 5-year CAGR forecast suggests an average annual growth rate of 6.11%, projecting a total growth of 34.52% by 2028.
Future trends to watch for include advancements in hydrogen production technology, government policies favoring renewable energy, and potential increases in industrial and transport sector demands for hydrogen.
