Poland: Hydrogen Market 2024

Hydrogen Market Size in Poland

The Polish hydrogen market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Hydrogen Production in Poland

In value terms, hydrogen production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a strong expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Hydrogen Exports

Exports from Poland

For the third year in a row, Poland recorded growth in shipments abroad of hydrogen, which increased by X% to X cubic meters in 2022. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, hydrogen exports surged to $X in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The Czech Republic (X cubic meters) was the main destination for hydrogen exports from Poland, accounting for a X% share of total exports. Moreover, hydrogen exports to the Czech Republic exceeded the volume sent to the second major destination, Slovakia (X cubic meters), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic amounted to X%.

In value terms, the Czech Republic ($X) remains the key foreign market for hydrogen exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at X%.

Export Prices by Country

The average hydrogen export price stood at $X per cubic meter in 2022, growing by X% against the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per cubic meter), while the average price for exports to Slovakia stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Imports

Imports into Poland

In 2022, overseas purchases of hydrogen increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, hydrogen imports soared to $X in 2022. Overall, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X cubic meters) constituted the largest hydrogen supplier to Poland, accounting for a X% share of total imports. Moreover, hydrogen imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, the Netherlands (X cubic meters), threefold. Slovakia (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Slovakia (X% per year).

In value terms, the Czech Republic ($X), the Netherlands ($X) and Slovakia ($X) appeared to be the largest hydrogen suppliers to Poland, with a combined X% share of total imports.

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hydrogen import price amounted to $X per cubic meter, jumping by X% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrogen import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while the price for the UK ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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