The analysis of the forecast for the import of hydrogen to Canada shows a steady increase from 2024 through 2028, starting at 4.9708 million kilograms in 2024 and reaching 5.3441 million kilograms by 2028. For historical context, the import volume for 2023 was the basis for this projected growth, which appears to remain consistently positive. The year-on-year growth from 2024 to 2028 shows a modest rise, indicating a stable trend without drastic fluctuations.
The future trends to watch for include:
- Potential policy changes in Canada regarding renewable energy and hydrogen exchange.
- Global market shifts that could affect hydrogen supply chains, impacting import levels.
- Technological advancements in hydrogen production and transport that might influence future import needs.
