Nitrogen Cost in France
The chart above illustrates Nitrogen price assessments, in US Dollar Cent per normal cubic meter (USD cent/Nm3), from Jun 2022 through Jun 2023, as described below:
- contract price, exw: Nitrogen, France, contract price, exw, formula
- cash cost, on-site: Nitrogen, France, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Nitrogen, France, cash cost, formula, off-site (large supplier)
In June 2023, the contract price on an ex-works basis for Nitrogen Gas in France reached 10.9 USD cent per normal cubic meter, representing a 7.34% increase compared to May 2023. Throughout the 12-month period, Nitrogen Gas contract prices in France experienced a cumulative decline of 17%. As of June 2023, the on-site cash cost for Nitrogen Gas in France stood at 9.2 USD cent per normal cubic meter, reflecting a 10.05% rise from the previous month. Over the past year, the on-site cash costs for Nitrogen Gas in France showed a cumulative decrease of 19%. In June 2023, the off-site cash cost for Nitrogen Gas in France was 6.92 USD cent per normal cubic meter, marking a 13.78% increase from May 2023. Across the 12-month span, the off-site cash costs for Nitrogen Gas in France declined by a cumulative 20%.
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 Nitrogen
Nitrogen, as a utility, is primarily used for inerting and blanketing in process industries. It prevents oxidation, reduces fire and explosion risks, and preserves product quality by displacing oxygen and moisture in sensitive environments.