Report Update: Oct 1, 2023
EU - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
Subscription
Online access and download
from $280/month
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
Article Publishing Date: Apr 8, 2022
EU Oxygen Market Size Bounce Slightly to $2.3B
IndexBox has just published a new report: 'EU - Oxygen - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
In 2021, the EU oxygen market was finally on the rise to reach $2.3B for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2008 when the market value increased by 22% year-to-year. As a result, consumption reached the peak level of $3.4B. from 2009 to 2021, the growth of the market remained at a lower figure.
Oxygen Consumption in the EU
The countries with the highest volumes of oxygen consumption in 2021 were the Netherlands (3B cubic meters), France (2.5B cubic meters) and Italy (2.3B cubic meters), with a combined 42% share of total consumption.
In value terms, Germany ($353M), France ($320M) and Italy ($311M) were the countries with the highest levels of market value in 2021, together accounting for 43% of the total market. These countries were followed by Spain, the Netherlands, Poland, the Czech Republic, Belgium, Finland and Austria, which together accounted for a further 43%.
Oxygen Production in the EU
In 2021, production of oxygen was finally on the rise to reach 19B cubic meters for the first time since 2017, thus ending a three-year declining trend. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 11% year-to-year. The volume of production peaked at 21B cubic meters in 2008; however, from 2009 to 2021, production failed to regain the momentum.
In value terms, oxygen production stood at $2.1B in 2021 estimated in export prices. In general, production, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2008 with an increase of 31% y-o-y. As a result, production attained the peak level of $3.6B. from 2009 to 2021, production growth remained at a lower figure.
Production by Country in the EU
The countries with the highest volumes of oxygen production in 2021 were the Netherlands (2.9B cubic meters), France (2.6B cubic meters) and Italy (2.3B cubic meters), with a combined 42% share of total production.
From 2007 to 2021, the most notable rate of growth in terms of oxygen production, amongst the main producing countries, was attained by the Netherlands, while oxygen production for the other leaders experienced more modest paces of growth.
Oxygen Exports in the EU
In 2021, after two years of decline, there was significant growth in overseas shipments of oxygen, when their volume increased by 7.5% to 838M cubic meters. In general, exports recorded a measured expansion from 2007 to 2021. Over the period under review, exports hit record highs at 978M cubic meters in 2013; however, from 2014 to 2021, exports failed to regain the momentum.
In value terms, oxygen exports soared to $148M in 2021. The total export value increased at an average annual rate of +1.3% from 2007 to 2021.
Exports by Country
Belgium was the largest exporting country with an export of around 336M cubic meters, which recorded 40% of total volume. France (134M cubic meters) held the second position in the ranking, distantly followed by Poland (49M cubic meters), Germany (46M cubic meters) and Austria (41M cubic meters). All these countries together held near 32% share of total exports. The Czech Republic (36M cubic meters), Portugal (33M cubic meters), Croatia (28M cubic meters), Italy (28M cubic meters), Bulgaria (15M cubic meters), Spain (13M cubic meters) and Slovenia (13M cubic meters) followed a long way behind the leaders.
In value terms, Belgium ($43M) remains the largest oxygen supplier in the EU, comprising 29% of total exports. The second position in the ranking was occupied by France ($18M), with a 12% share of total supplies. It was followed by Italy, with an 8.9% share.
From 2007 to 2021, the average annual rate of growth in terms of value in Belgium totaled +2.4%. In the other countries, the average annual rates were as follows: France (-3.2% per year) and Italy (+6.9% per year).
Export Prices by Country
The oxygen export price in the EU stood at $0.2 per cubic meter in 2021, with an increase of 18% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($0.6 per cubic meter), while Belgium ($0.1 per cubic meter) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Austria, while the other leaders experienced more modest paces of growth.
Oxygen Imports in the EU
In 2021, after three years of decline, there was significant growth in purchases abroad of oxygen, when their volume increased by 38% to 684M cubic meters. Total imports indicated a noticeable increase from 2007 to 2021: its volume increased at an average annual rate of +3.3% over the last fourteen-year period.
In value terms, oxygen imports surged to $143M in 2021. The total import value increased at an average annual rate of +2.0% from 2007 to 2021.
Imports by Country
The purchases of the three major importers of oxygen, namely Germany, the Netherlands and Luxembourg, represented more than half of total volume. It was distantly followed by Slovakia (54M cubic meters) and the Czech Republic (33M cubic meters), together constituting a 13% share of total imports. Slovenia (30M cubic meters), Greece (27M cubic meters), France (20M cubic meters), Croatia (19M cubic meters), Belgium (17M cubic meters), Portugal (14M cubic meters), Bulgaria (13M cubic meters) and Hungary (11M cubic meters) followed a long way behind the leaders.
In value terms, the largest oxygen importing markets in the EU were the Netherlands ($31M), Germany ($26M) and France ($15M), together accounting for 50% of total imports. These countries were followed by Luxembourg, Slovakia, Greece, the Czech Republic, Belgium, Slovenia, Croatia, Portugal, Bulgaria and Hungary, which together accounted for a further 36%.
Croatia saw the highest growth rate of the value of imports, among the main importing countries during 2007-2021, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the oxygen import price in the EU amounted to $0.2 per cubic meter, approximately reflecting the previous year. Prices varied noticeably by the country of destination; the country with the highest price was France ($0.7 per cubic meter), while Luxembourg ($0.1 per cubic meter) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg, while the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the oxygen market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 20111170 - Oxygen
Country coverage:
• Cyprus
• Estonia
• Latvia
• Lithuania
• Malta
• Slovenia
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Production, By Country, 2022
Figure 20:
Production, In Physical Terms, By Country, 2012–2022
Figure 21:
Imports, In Physical Terms, 2012–2022
Figure 22:
Imports, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, By Country, 2022
Figure 24:
Imports, In Physical Terms, By Country, 2012–2022
Figure 25:
Imports, In Value Terms, By Country, 2012–2022
Figure 26:
Import Prices, By Country, 2012–2022
Figure 27:
Exports, In Physical Terms, 2012–2022
Figure 28:
Exports, In Value Terms, 2012–2022
Figure 29:
Exports, In Physical Terms, By Country, 2022
Figure 30:
Exports, In Physical Terms, By Country, 2012–2022
Figure 31:
Exports, In Value Terms, By Country, 2012–2022
Figure 32:
Export Prices, 2012–2022
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook
Join our live webinar to get insights into the global biomass market.
Thursday, October 14th, 2021 @ 04:00 pm ET
Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global anhydrous ammonia market.
Tuesday, June 15th, 2021 @ 04:00 pm ET
Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global biodiesel market.
Thursday, June 10th, 2021 @ 04:00 pm ET
•
•
•
