Report Update Jun 1, 2025

New Zealand - Hydrogen - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Hydrogen Market 2025

Hydrogen Market Size in New Zealand

In 2022, the New Zealand hydrogen market increased by 1.2% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Hydrogen Production in New Zealand

In value terms, hydrogen production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild decline. The pace of growth appeared the most rapid in 2014 with an increase of 53%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Hydrogen Exports

Exports from New Zealand

For the sixth year in a row, New Zealand recorded growth in overseas shipments of hydrogen, which increased by 212% to X cubic meters in 2019. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 370% against the previous year. The exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, hydrogen exports skyrocketed to $X in 2019. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 117%. Over the period under review, the exports attained the maximum in 2019 and are expected to retain growth in years to come.

Exports by Country

Samoa (X cubic meters) was the main destination for hydrogen exports from New Zealand, with a 97% share of total exports. It was followed by Australia (X cubic meters), with a 2.9% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Samoa amounted to +54.2%.

In value terms, Samoa ($X) remains the key foreign market for hydrogen exports from New Zealand, comprising 96% of total exports. The second position in the ranking was held by Australia ($X), with a 3.1% share of total exports.

From 2012 to 2019, the average annual growth rate of value to Samoa stood at +18.3%.

Export Prices by Country

In 2019, the average hydrogen export price amounted to $X per cubic meter, declining by -45.1% against the previous year. In general, the export price saw a precipitous shrinkage. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2019, amid the top suppliers, the country with the highest price was Australia ($X per cubic meter), while the average price for exports to Samoa stood at $X per cubic meter.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (-23.3%).

Hydrogen Imports

Imports into New Zealand

In 2022, hydrogen imports into New Zealand skyrocketed to X cubic meters, growing by 2,248% compared with the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen imports skyrocketed to $X in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 501%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Australia (X cubic meters) was the main hydrogen supplier to New Zealand, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia totaled +41.2%.

In value terms, Australia ($X) constituted the largest supplier of hydrogen to New Zealand.

From 2012 to 2022, the average annual growth rate of value from Australia totaled +21.8%.

Import Prices by Country

The average hydrogen import price stood at less than $X per cubic meter in 2022, waning by -85.2% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 206% against the previous year. The import price peaked at $X per cubic meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -6.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen in the world?

The countries with the highest volumes of hydrogen consumption in 2021 were China, the Netherlands and the United States, together accounting for 30% of global consumption. These countries were followed by Russia, Germany, India, Japan, Spain, Brazil, Pakistan, Indonesia, France and Nigeria, which together accounted for a further 35%.

What are the largest producers of hydrogen in the world?

The countries with the highest volumes of hydrogen production in 2021 were China, the Netherlands and the United States, together comprising 29% of global production. These countries were followed by Russia, Germany, India, Japan, Spain, Brazil, Pakistan, Indonesia, Canada and France, which together accounted for a further 35%.

What are the leading suppliers of hydrogen to New Zealand?

In value terms, Japan constituted the largest supplier of hydrogen to New Zealand.

What are the leading importers of hydrogen from New Zealand?

In value terms, Samoa $716), the United States $639) and Australia $120) appeared to be the largest markets for hydrogen exported from New Zealand worldwide, with a combined 98% share of total exports.

What is the average export price for hydrogen in New Zealand?

The average hydrogen export price stood at $0.3 per cubic meter in 2021, growing by 7.1% against the previous year.

What is the average import price for hydrogen in New Zealand?

In 2021, the average hydrogen import price amounted to $0.4 per cubic meter, increasing by 105% against the previous year.

This report provides an in-depth analysis of the hydrogen market in New Zealand. 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:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND THE AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
5. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Export
- This Chapter is Available Only for the Professional EditionPRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
8. Market Volume Forecast to 2035
9. Market Value Forecast to 2035
10. Market Size and Growth, By Product
11. Average Per Capita Consumption, By Product
12. Exports and Growth, By Product
13. Export Prices and Growth, By Product
14. Production Volume and Growth
15. Exports and Growth
16. Export Prices and Growth
17. Market Size and Growth
18. Per Capita Consumption
19. Imports and Growth
20. Import Prices
21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country, 2012–2024
29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country, 2012–2024