Nitrogen Cost in Sweden
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, Sweden, contract price, exw, formula
- cash cost, on-site: Nitrogen, Sweden, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Nitrogen, Sweden, cash cost, formula, off-site (large supplier)
In Jun 2023, the contract price exw assessment for Nitrogen Gas in Sweden reached 8.54 USD cent/Nm3, representing a marginal increase of 0.21% compared to the previous month. Throughout the 12-month period, Nitrogen Gas contract prices exw in Sweden declined by 23%. During Jun 2023, the on-site cash cost metric for Nitrogen Gas in Sweden stood at 6.55 USD cent/Nm3, showing a modest rise of 1.88% from the prior month. Over the preceding year, Nitrogen Gas on-site cash costs in Sweden decreased by 25%. As of Jun 2023, the off-site cash cost indicator for Nitrogen Gas in Sweden was recorded at 4.64 USD cent/Nm3, reflecting a 4.74% increase from the previous month. The 12-month cumulative change for Nitrogen Gas off-site cash costs in Sweden totaled a decline of 26%.
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.