Oxygen Cost in Chile
The chart above illustrates Oxygen price assessments, in US Dollar Cent per normal cubic meter (USD cent/Nm3), from May 2022 through May 2023, as described below:
- contract price, exw: Oxygen, Chile, contract price, exw, formula
- cash cost, on-site: Oxygen, Chile, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Chile, cash cost, formula, off-site (large supplier)
In May 2023, the contract price on an ex-works basis for Oxygen in Chile stood at 12.90 USD cent per normal cubic meter, representing a slight decrease of 0.77% compared to April 2023. Looking at the broader trend, Oxygen prices in Chile have climbed by 8% over the twelve-month period from May 2022 to May 2023. As of May 2023, the on-site cash cost for Oxygen in Chile reached 8.52 USD cent per normal cubic meter, down 1.96% from the previous month of April 2023. Throughout the past year, the on-site cash cost of Oxygen in Chile has increased by 15% when comparing May 2023 to May 2022. The off-site cash cost for Oxygen in Chile in May 2023 was recorded at 6.64 USD cent per normal cubic meter, marking a 2.50% decline from April 2023. Over the twelve-month span from May 2022 to May 2023, the off-site cash cost of Oxygen in Chile has risen by 16%.
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
Oxygen is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
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About Oxygen
Oxygen is used as a utility to enhance combustion in industrial furnaces and reactors, improving energy efficiency and increasing production rates. It is also critical in oxidation processes and is often supplied in controlled amounts to meet specific process needs.