Oxygen Cost in Japan
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, Japan, contract price, exw, formula
- cash cost, on-site: Oxygen, Japan, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Japan, cash cost, formula, off-site (large supplier)
In May 2023, the contract price on an ex-works basis for Oxygen in Japan stood at 14.10 USD cent per normal cubic meter, representing a slight decrease of 1% compared to April 2023. Looking at the broader picture over the past year, Oxygen pricing in Japan has remained relatively stable with a minimal cumulative increase of 1%. As of May 2023, the on-site cash cost for Oxygen in Japan reached 8.84 USD cent per normal cubic meter, down 2% from the previous month in April 2023. Throughout the 12-month period, on-site Oxygen costs in Japan have climbed by a cumulative 11%. The off-site cash cost for Oxygen in Japan in May 2023 was recorded at 7.29 USD cent per normal cubic meter, marking a 2% decline from April 2023. Over the entire 12-month span, off-site Oxygen costs in Japan have increased by a cumulative 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.
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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.