Denmark - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Price in Denmark - 2023
Contents:
- Hydrogen Price in Denmark (CIF) - 2022
- Hydrogen Price in Denmark (FOB) - 2022
- Hydrogen Imports in Denmark
- Hydrogen Exports in Denmark
Hydrogen Price in Denmark (CIF) - 2022
In 2022, the average hydrogen import price amounted to $0.1 per cubic meter, waning by -21.9% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. The import price peaked at $0.4 per cubic meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -13.1% per year.
Hydrogen Price in Denmark (FOB) - 2022
The average hydrogen export price stood at $1.1 per cubic meter in 2022, with an increase of 89% against the previous year. Over the period under review, the export price showed perceptible growth. The growth pace was the most rapid in 2020 an increase of 112%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
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 Sweden ($2.2 per cubic meter), while the average price for exports to Faroe Islands ($0.1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+103.3%), while the prices for the other major destinations experienced mixed trend patterns.
Hydrogen Imports in Denmark
In 2022, hydrogen imports into Denmark skyrocketed to 37M cubic meters, rising by 439% against the previous year. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydrogen imports skyrocketed to $3.7M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hydrogen in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.6 | 0.7 | 3.4 | 124.6% |
| Others | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Total | 0.3 | 0.7 | 0.9 | 3.7 | 131.0% |
Top Suppliers of Hydrogen to Denmark in 2022:
- Germany (36.6M cubic meters)
Hydrogen Exports in Denmark
For the third year in a row, Denmark recorded decline in shipments abroad of hydrogen, which decreased by -18.6% to 229K cubic meters in 2022. In general, exports recorded a significant decrease. The smallest decline of -16.9% was in 2020. Over the period under review, the exports hit record highs at 536K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, hydrogen exports skyrocketed to $250K in 2022. Over the period under review, exports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. As a result, the exports attained the peak of $381K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Hydrogen in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 88.4 | 292 | 56.9 | 180 | 26.7% |
| Norway | 70.4 | 74.3 | 81.6 | 50.1 | -10.7% |
| Greenland | 11.8 | 10.7 | 11.9 | 11.2 | -1.7% |
| Iceland | 42.9 | 3.6 | N/A | N/A | -91.6% |
| Others | 2.7 | 1.2 | 11.6 | 8.9 | 48.8% |
| Total | 216 | 381 | 162 | 250 | 5.0% |
Top Export Markets for Hydrogen from Denmark in 2022:
- Norway (130.2K cubic meters)
- Sweden (81.1K cubic meters)
- Greenland (14.8K cubic meters)
This report provides an in-depth analysis of the hydrogen market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111150 - Hydrogen
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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