Oxygen Cost in Mexico
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, Mexico, contract price, exw, formula
- cash cost, on-site: Oxygen, Mexico, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Mexico, cash cost, formula, off-site (large supplier)
In May 2023, Oxygen's contract price on an ex-works basis in Mexico reached 12.10 USD cent per normal cubic meter, representing a 2.54% increase compared to April 2023. Throughout the 12-month period, the contract pricing for Oxygen in Mexico showed an overall increase of 6%. The on-site cash cost for Oxygen in Mexico during May 2023 was 6.04 USD cent per normal cubic meter, reflecting a 3.06% rise from the previous month. Over the past year, the on-site operational costs for Oxygen in Mexico experienced a cumulative increase of 17%. In May 2023, the off-site cash cost for Oxygen in Mexico was 5.21 USD cent per normal cubic meter, marking a 3.47% increase from April 2023. Over the 12-month period, the off-site supply costs for Oxygen in Mexico accumulated a total increase of 17%.
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.