| Product Code: ETC8152437 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives saw a significant increase in liquid hydrogen imports in 2024, with top exporters being Sri Lanka, USA, Czechia, China, and Singapore. The market concentration, measured by the Herfindahl-Hirschman Index (HHI), escalated from high to very high in 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 was -15.58%, indicating a decline in overall imports. The growth rate from 2023 to 2024 was particularly steep at -64.81%, suggesting a sudden downturn in import activity within the liquid hydrogen market in Maldives.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Liquid Hydrogen Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Liquid Hydrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Liquid Hydrogen Market - Industry Life Cycle |
3.4 Maldives Liquid Hydrogen Market - Porter's Five Forces |
3.5 Maldives Liquid Hydrogen Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
3.6 Maldives Liquid Hydrogen Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Maldives Liquid Hydrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for clean energy solutions in the Maldives due to environmental concerns |
4.2.2 Government initiatives to promote the adoption of hydrogen as an alternative fuel source |
4.2.3 Growing investments in infrastructure for hydrogen production and distribution in the Maldives |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with establishing hydrogen production and distribution facilities |
4.3.2 Lack of technical expertise and skilled workforce in the hydrogen sector in the Maldives |
4.3.3 Limited availability of raw materials required for hydrogen production in the Maldives |
5 Maldives Liquid Hydrogen Market Trends |
6 Maldives Liquid Hydrogen Market, By Types |
6.1 Maldives Liquid Hydrogen Market, By Distribution |
6.1.1 Overview and Analysis |
6.1.2 Maldives Liquid Hydrogen Market Revenues & Volume, By Distribution, 2021- 2031F |
6.1.3 Maldives Liquid Hydrogen Market Revenues & Volume, By Containers, 2021- 2031F |
6.1.4 Maldives Liquid Hydrogen Market Revenues & Volume, By Tanks, 2021- 2031F |
6.2 Maldives Liquid Hydrogen Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Maldives Liquid Hydrogen Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Maldives Liquid Hydrogen Market Revenues & Volume, By Chemicals and Petrochemicals, 2021- 2031F |
6.2.4 Maldives Liquid Hydrogen Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.5 Maldives Liquid Hydrogen Market Revenues & Volume, By Metallurgy, 2021- 2031F |
6.2.6 Maldives Liquid Hydrogen Market Revenues & Volume, By Other End-use Industries, 2021- 2031F |
7 Maldives Liquid Hydrogen Market Import-Export Trade Statistics |
7.1 Maldives Liquid Hydrogen Market Export to Major Countries |
7.2 Maldives Liquid Hydrogen Market Imports from Major Countries |
8 Maldives Liquid Hydrogen Market Key Performance Indicators |
8.1 Renewable energy penetration rate in the Maldives |
8.2 Number of hydrogen refueling stations in operation |
8.3 Investment flow into hydrogen infrastructure projects |
8.4 Efficiency of hydrogen production processes |
8.5 Adoption rate of hydrogen-powered vehicles |
9 Maldives Liquid Hydrogen Market - Opportunity Assessment |
9.1 Maldives Liquid Hydrogen Market Opportunity Assessment, By Distribution, 2021 & 2031F |
9.2 Maldives Liquid Hydrogen Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Maldives Liquid Hydrogen Market - Competitive Landscape |
10.1 Maldives Liquid Hydrogen Market Revenue Share, By Companies, 2024 |
10.2 Maldives Liquid Hydrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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