Oxygen Cost in United Kingdom
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, United Kingdom, contract price, exw, formula
- cash cost, on-site: Oxygen, United Kingdom, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, United Kingdom, cash cost, formula, off-site (large supplier)
The contract price on an ex-works basis for Oxygen in the United Kingdom reached 20.8 USD cent per normal cubic meter in May 2023, representing a 3.7% increase compared to April 2023. Throughout the 12-month period, Oxygen prices in the United Kingdom showed an overall increase of 6%. The cash cost for on-site Oxygen production in the United Kingdom was 13.8 USD cent per normal cubic meter in May 2023, down 4.8% from the previous month. Over the past year, on-site Oxygen costs in the United Kingdom experienced a total rise of 12%. The cash cost for off-site Oxygen supply in the United Kingdom totaled 11.8 USD cent per normal cubic meter in May 2023, declining 5.6% from April 2023. Across the 12-month span, off-site Oxygen costs in the United Kingdom increased by 15% 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.