Oxygen Cost in South Africa
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, South Africa, contract price, exw, formula
- cash cost, on-site: Oxygen, South Africa, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, South Africa, cash cost, formula, off-site (large supplier)
In May 2023, the contract price on an ex-works basis for Oxygen in South Africa stood at 13.4 USD cent per normal cubic meter, representing a 1.47% decrease compared to April 2023. Throughout the 12-month period, Oxygen prices in South Africa experienced an overall decline of 11%. As of May 2023, the on-site cash cost for Oxygen in South Africa reached 5.33 USD cent per normal cubic meter, marking a 3.39% reduction from the previous month. Over the past year, the on-site cash costs for Oxygen in South Africa have decreased by 8% in total. In May 2023, the off-site cash cost for Oxygen in South Africa was recorded at 4.28 USD cent per normal cubic meter, showing a 3.63% drop from April 2023. Across the last 12 months, the off-site cash costs for Oxygen in South Africa declined by 7% overall.
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.