Oxygen Cost in Germany
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, Germany, contract price, exw, formula
- cash cost, on-site: Oxygen, Germany, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Germany, cash cost, formula, off-site (large supplier)
In May 2023, the contract price for Oxygen delivered ex-works in Germany stood at 19 USD cent per normal cubic meter, representing a decrease of 3.55% compared to April 2023. When looking at the broader 12-month period, Oxygen contract prices in Germany have declined by 11.63% from May 2022 to May 2023. As of May 2023, the on-site cash cost for Oxygen production in Germany reached 12.6 USD cent per normal cubic meter, down 4.55% from the previous month in April 2023. Examining the full year-over-year comparison, on-site Oxygen production costs in Germany have fallen by 20.64% over the 12-month span. The off-site cash cost for large-scale Oxygen supply in Germany in May 2023 was 9.61 USD cent per normal cubic meter, marking a 3.90% decrease from April 2023. Over the complete 12-month period, off-site Oxygen supply costs in Germany have decreased by 15.67%.
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
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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.