Oxygen Cost in Netherlands
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, Netherlands, contract price, exw, formula
- cash cost, on-site: Oxygen, Netherlands, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Netherlands, cash cost, formula, off-site (large supplier)
In May 2023, the contract price for Oxygen purchased ex-works in Netherlands stood at 19.1 USD cent per normal cubic meter, representing a slight decline of 1.57% compared to April 2023. When comparing the current May 2023 price to May 2022, Oxygen contract prices in Netherlands have decreased by 2% over the 12-month period. As of May 2023, the on-site cash cost for Oxygen at a typical consumer facility in Netherlands was 12.6 USD cent per normal cubic meter, showing an increase of 6.78% from the previous month in April 2023. Comparing May 2023 to May 2022, the on-site production costs for Oxygen in Netherlands have risen by 3% annually. The off-site cash cost for Oxygen supplied by large suppliers in Netherlands reached 10.1 USD cent per normal cubic meter in May 2023, up 9.66% from April 2023. Over the 12-month span from May 2022 to May 2023, off-site Oxygen supply costs in Netherlands have increased by 15%.
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.