Price for Hydrogen, Rare Gases and Other Non-Metals in Belgium - 2023
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Belgium (FOB) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Belgium (CIF) - 2022
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Belgium
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Belgium
Price for Hydrogen, Rare Gases and Other Non-Metals in Belgium (FOB) - 2022
In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $0.3 per cubic meter, surging by 26% against the previous year. Over the period under review, the export price, however, saw a sharp setback. The pace of growth was the most pronounced in 2021 an increase of 50%. The export price peaked at $7.5 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3.4 per cubic meter), while the average price for exports to France ($0.2 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 France (-20.6%), while the prices for the other major destinations experienced a decline.
Price for Hydrogen, Rare Gases and Other Non-Metals in Belgium (CIF) - 2022
In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $1.6 per cubic meter, picking up by 46% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 72%. The import price peaked at $4.5 per cubic meter in 2012; however, from 2013 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 France ($1.2 per cubic meter), while the price for Germany ($0.7 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-8.6%), while the prices for the other major suppliers experienced a decline.
Exports of Hydrogen, Rare Gases and Other Non-Metals in Belgium
In 2022, after two years of decline, there was significant growth in overseas shipments of hydrogen, rare gases and other non-metalses, when their volume increased by 33% to 1.5B cubic meters. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of hydrogen, rare gases and other non-metalses surged to $453M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 75.8 | 76.3 | 142 | 293 | 56.9% |
| France | 34.8 | 36.0 | 38.7 | 54.3 | 16.0% |
| Others | 50.4 | 85.3 | 88.9 | 105 | 27.7% |
| Total | 161 | 198 | 270 | 453 | 41.2% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Belgium in 2022:
- Netherlands (1151.1M cubic meters)
- France (245.1M cubic meters)
Imports of Hydrogen, Rare Gases and Other Non-Metals in Belgium
In 2022, approx. 90M cubic meters of hydrogen, rare gases and other non-metalses were imported into Belgium; which is down by -33% compared with the year before. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. Imports peaked at 136M cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of hydrogen, rare gases and other non-metalses shrank slightly to $149M in 2022. Over the period under review, imports recorded a perceptible decrease. The smallest decline of -0.3% was in 2021. Over the period under review, imports of attained the peak figure at $166M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 86.6 | 23.3 | 41.2 | 50.9 | -16.2% |
| Germany | 16.7 | 10.1 | 14.3 | 11.2 | -12.5% |
| France | 24.9 | 27.1 | 20.5 | 10.5 | -25.0% |
| Others | 37.8 | 92.4 | 76.5 | 76.5 | 26.5% |
| Total | 166 | 153 | 152 | 149 | -3.5% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Belgium in 2022:
- Netherlands (61.6M cubic meters)
- Germany (16.5M cubic meters)
- France (8.6M cubic meters)
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