Belgium leads the European export of hydrogen, argon, rare gases, nitrogen, and oxygen with a volume of 1.2551 billion cubic meters. Germany follows with strong growth of 2.86% in 2023, while Romania recorded the highest increase of 11.67%. France, Italy, and Sweden saw declines in their exports, with France dropping by 0.76% in 2023. Notably, Luxembourg experienced an exponential rise in exports with a 382.38% increase. These highlighted variations track recent market shifts in the industry.
Future trends to watch include the expansion of green hydrogen initiatives, potential regulatory changes impacting export norms, and technological advances in gas production, which could alter competitive dynamics in this export sector.
Top countries in Export of Hydrogen, Argon, Rare Gases, Nitrogen and Oxygen by Country
# | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Belgium | 1,255,100,000 | 2023 | +0.2% | +0.66% | View data |
2 | 2 France | 438,120,000 | 2023 | +7.89% | -0.76% | View data |
3 | 3 Netherlands | 355,850,000 | 2023 | +16.5% | -0.12% | View data |
4 | 4 Germany | 312,210,000 | 2023 | +1.84% | +2.86% | View data |
5 | 5 Spain | 172,180,000 | 2023 | +12.04% | +2.41% | View data |
6 | 6 Czechia | 153,260,000 | 2023 | |||
7 | 7 Poland | 150,950,000 | 2023 | +2.74% | +0.96% | View data |
8 | 8 Austria | 148,930,000 | 2023 | +4.76% | +1.02% | View data |
9 | 9 Portugal | 64,483,000 | 2023 | +2.02% | +3.14% | View data |
10 | 10 Italy | 62,012,000 | 2023 | +3.8% | -2.31% | View data |