In 2023, the Netherlands led Europe's hydrogen production, followed by Germany and Spain. While the Netherlands and Spain showed modest increases in production value, Germany experienced a slight decline. France and Slovakia saw significant reductions, with France experiencing a drastic drop. Positive growth was noted in Hungary, Portugal, Austria, and Poland.
Future trends to watch include the shift towards renewable hydrogen and the EU's focus on reducing carbon emissions. Increased investments and technological advancements could lead to altered production shares, creating opportunities for nations to capitalize on green hydrogen developments.
Top countries in Sold Production of Hydrogen Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 36.4 | 2023 | +6.11% | +2.25% | View data |
| 2 | 2 Germany | 20.81 | 2023 | +0.66% | -2.19% | View data |
| 3 | 3 Spain | 15.72 | 2023 | +6.72% | +1.98% | View data |
| 4 | 4 Italy | 7.21 | 2023 | -4.66% | +0.61% | View data |
| 5 | 5 Finland | 7.17 | 2023 | +16.09% | -2.5% | View data |
| 6 | 6 Hungary | 4.15 | 2023 | +4.79% | +3.27% | View data |
| 7 | 7 France | 3.49 | 2023 | -45.57% | -25.36% | View data |
| 8 | 8 Portugal | 2.39 | 2023 | +3.14% | +2.75% | View data |
| 9 | 9 Austria | 1.06 | 2023 | +3.01% | +3.98% | View data |
| 10 | 10 Czechia | 0.72 | 2023 |
