Cooling Water Cost in South Korea
The chart above illustrates Cooling Water cost assessments, in US Dollar Cent per cubic meter (USD cent/m3), from May 2022 through May 2023, as described below:
- cash cost, on-site: Cooling Water, South Korea, cash cost, formula, on-site (typical consumer facility)
- contract price, exw: Cooling Water, South Korea, contract price, exw, formula
- cash cost, off-site: Cooling Water, South Korea, cash cost, formula, off-site (large supplier)
The on-site cash cost for Cooling Water in South Korea reached 7.82 USD cent per cubic meter in May 2023, representing a decrease of 1.52% compared to April 2023. Throughout the 12-month period, the on-site cash cost of Cooling Water in South Korea declined by 14.52%. The ex-works contract price for Cooling Water in South Korea stood at 6.03 USD cent per cubic meter in May 2023, marking a 1.58% decline from the previous month. Over the past year, the ex-works contract price of Cooling Water in South Korea experienced a total decrease of 16.05%. The off-site cash cost for Cooling Water in South Korea was 4.88 USD cent per cubic meter in May 2023, showing a 1.62% reduction from April 2023. In the last 12 months, the off-site cash cost of Cooling Water in South Korea fell by 17.36%.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
Other Utility Costs
Cooling Water is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
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About Cooling Water
Cooling water is a fundamental utility used to dissipate heat from industrial processes. It circulates through heat exchangers and other cooling systems, absorbing heat from equipment and processes. The heated water is then cooled, often through evaporation in cooling towers, before being recirculated.