The industrial gases market in Greece, covering Hydrogen, Argon, Rare Gases, Nitrogen, and Oxygen, stood at 54.032 million Euros in 2023. The market has experienced a slight decline in value over the last decade, with significant contractions from 2013 to 2014 and erratic changes thereafter. Over the past five years, from 2018 to 2023, the market shows a negative compound annual growth rate of -0.65%, indicating slight market contraction, although year-on-year variations have been minimal since 2019.
Future trends to watch for include potential growth segments in cleaner energy solutions and increasing demand for Hydrogen due to global sustainability initiatives. Monitoring technological advancements in production and storage could also impact market dynamics positively.
How does Greece 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 |
| 11 | 11 Denmark | 93,954,000 | 2023 | -2.27% | -1.44% | View data |
| 12 | 12 Romania | 85,249,000 | 2023 | +3.46% | +3.44% | View data |
| 13 | 13 Greece | 54,032,000 | 2023 | -0.068% | -0.65% | |
| 14 | 14 Bulgaria | 36,809,000 | 2023 | +2.65% | +3.54% | View data |
| 15 | 15 Croatia | 23,293,000 | 2023 | +2.46% | +1.15% | View data |
