Nitrogen Cost in Germany
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, Germany, contract price, exw, formula
- cash cost, on-site: Nitrogen, Germany, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Nitrogen, Germany, cash cost, formula, off-site (large supplier)
In June 2023, the contract price on an ex-works basis for Nitrogen Gas in Germany stood at 14.10 USD cent per normal cubic meter, representing no change compared to May 2023. When comparing the June 2023 price to June 2022, Nitrogen Gas contract prices in Germany declined by 16% over the 12-month period. As of June 2023, the cash cost for on-site Nitrogen Gas production in Germany was 12.30 USD cent per normal cubic meter, showing a slight decrease of 0.6% from the previous month. Comparing year-over-year figures, the on-site cash cost for Nitrogen Gas in Germany fell by 23% between June 2022 and June 2023. The off-site cash cost for Nitrogen Gas supplied by large suppliers in Germany reached 9.81 USD cent per normal cubic meter in June 2023, down 0.6% from May 2023. Over the 12-month span from June 2022 to June 2023, the off-site cash cost for Nitrogen Gas in Germany decreased by 18%.
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.