Oxygen Cost in Saudi Arabia
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, Saudi Arabia, contract price, exw, formula
- cash cost, on-site: Oxygen, Saudi Arabia, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Saudi Arabia, cash cost, formula, off-site (large supplier)
In May 2023, the contract price on an ex-works basis for Oxygen in Saudi Arabia stood at 11.90 USD cent per normal cubic meter, representing a slight decrease of 0.17% compared to April 2023. Throughout the 12-month period from May 2022 to May 2023, contract prices for Oxygen in Saudi Arabia declined by 2%. As of May 2023, the on-site cash cost for Oxygen in Saudi Arabia was 5.22 USD cent per normal cubic meter, marking a marginal decline of 0.61% from the previous month. Across the full year from May 2022 to May 2023, the on-site cash cost for Oxygen in Saudi Arabia remained essentially flat with no cumulative change. In May 2023, the off-site cash cost for Oxygen in Saudi Arabia reached 3.81 USD cent per normal cubic meter, showing a modest increase of 0.26% from April 2023. Over the 12-month period spanning May 2022 to May 2023, the off-site cash cost for Oxygen in Saudi Arabia remained unchanged.
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
Oxygen is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
10 Utilities Priced Monthly
Steam, hydrogen, oxygen, nitrogen, and 6 other key process utilities.
Forward-Looking Series
Short-term forecasts on selected utilities.
10-Year Monthly History
A decade of monthly data for trend analysis and modeling.
Beyond Utility Costs
Industrial utility costs are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries.
33 Key Countries
Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.
7 Industries Covered
Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.
Reference Datasets
Country-level datasets for estimating individual cost items — labor, utility costs, plant construction costs, and location factors.
Monthly Updates
Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.
Frequently Asked Questions
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.