Oxygen Cost in United States
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 States, contract price, exw, formula
- cash cost, on-site: Oxygen, United States, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, United States, cash cost, formula, off-site (large supplier)
In May 2023, the contract price for Oxygen delivered ex-works in the United States stood at 15.7 USD cent per normal cubic meter, representing a 1.3% increase compared to April 2023. Throughout the 12-month period, Oxygen contract prices in the United States declined by 4% from their May 2022 level. The on-site cash cost for Oxygen at a typical consumer facility in the United States reached 10.2 USD cent per normal cubic meter in May 2023, showing a 2.0% rise from the previous month. Over the past year, on-site oxygen costs in the United States decreased by 1% relative to May 2022. The off-site cash cost for Oxygen supplied by large suppliers in the United States was 6.83 USD cent per normal cubic meter in May 2023, up 1.8% from April 2023. Comparing year-over-year figures, off-site oxygen costs in the United States fell by 2% since May 2022.
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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Steam, hydrogen, oxygen, nitrogen, and 6 other key process utilities.
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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.