Forecast: Import of Hydrogen to the UK

Year Import Value Year-on-Year Variation (%)
2024 1.8533 -
2025 1.6957 -8.5%
2026 1.5412 -9.1%
2027 1.3899 -9.8%
2028 1.2416 -10.7%

The Compound Annual Growth Rate (CAGR) for hydrogen imports from 2024 to 2028 is -9.6%.

Future Trends: The continuous declining trend in hydrogen imports indicates a strategic shift towards increasing domestic production and possibly improved hydrogen storage and utilization technologies. Monitoring advancements in hydrogen production, governmental policies, and investment trends in renewable energy infrastructure will be critical to understanding future import needs and market dynamics.

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