Algeria - Hydrogen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Hydrogen Market 2024
Hydrogen Market Size in Algeria
The Algerian hydrogen market reduced to $X in 2022, declining by -8% against the previous year. Over the period under review, consumption, however, saw noticeable growth. Hydrogen consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.
Hydrogen Production in Algeria
In value terms, hydrogen production dropped to $X in 2022 estimated in export price. In general, production, however, saw a perceptible expansion. The growth pace was the most rapid in 2014 with an increase of 53% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.
Hydrogen Exports
Exports from Algeria
After three years of decline, shipments abroad of hydrogen decreased by 0% to X cubic meters in 2021. Over the period under review, exports saw a significant increase. The smallest decline of -34.1% was in 2018. The exports peaked in 2021 and are likely to continue growth in the near future.
In value terms, hydrogen exports stood at $X in 2021. Overall, exports recorded a significant expansion. The smallest decline of -49.7% was in 2018. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
Tunisia (X cubic meters) was the main destination for hydrogen exports from Algeria, with a approx. 100% share of total exports.
From 2013 to 2021, the average annual growth rate of volume to Tunisia was relatively modest.
From 2013 to 2021, the average annual growth rate of value to Tunisia was relatively modest.
Export Prices by Country
In 2021, the average hydrogen export price amounted to $X per cubic meter, remaining stable against the previous year. Over the period under review, the export price showed a drastic downturn. The growth pace was the most rapid in 2018 when the average export price decreased by -23.6% against the previous year. The export price peaked at $X per cubic meter in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Tunisia.
From 2013 to 2021, the rate of growth in terms of prices for Slovenia amounted to 0.0% per year.
Hydrogen Imports
Imports into Algeria
In 2022, the amount of hydrogen imported into Algeria soared to X cubic meters, jumping by 29% compared with the previous year's figure. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 358%. Over the period under review, imports reached the peak figure at X cubic meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.
In value terms, hydrogen imports fell rapidly to $X in 2022. In general, imports showed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 485%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Turkey (X cubic meters) constituted the largest supplier of hydrogen to Algeria, with a 46% share of total imports. Moreover, hydrogen imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), twofold. The third position in this ranking was held by France (X cubic meters), with a 15% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +3,251.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+65.9% per year) and France (+19.6% per year).
In value terms, France ($X) constituted the largest supplier of hydrogen to Algeria, comprising 54% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports. It was followed by Germany, with a 9.6% share.
From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+30.4% per year) and Germany (+11.1% per year).
Import Prices by Country
In 2022, the average hydrogen import price amounted to $X per cubic meter, waning by -53.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2018 an increase of 136%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per cubic meter), while the price for Turkey ($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 South Korea (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hydrogen market in Algeria. 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:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- 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
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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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