Spain - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Oxygen - Market Analysis, Forecast, Size, Trends And Insights

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Oxygen Price in Spain - 2023

Contents:

  1. Oxygen Price in Spain (FOB) - 2023
  2. Oxygen Price in Spain (CIF) - 2022
  3. Oxygen Exports in Spain
  4. Oxygen Imports in Spain

Oxygen Price in Spain (FOB) - 2023

In June 2023, the average oxygen export price amounted to $2.3 per cubic meter, with an increase of 41% against the previous month. In general, the export price saw a strong increase. The pace of growth appeared the most rapid in March 2023 an increase of 85% month-to-month. As a result, the export price reached the peak level of $3.1 per cubic meter. From April 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Andorra ($2.3 per cubic meter), while the average price for exports to France ($338 per thousand cubic meters) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Price in Spain (CIF) - 2022

The average oxygen import price stood at $0.5 per cubic meter in 2022, shrinking by -39.7% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2014 an increase of 66% against the previous year. The import price peaked at $0.9 per cubic meter in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1.4 per cubic meter), while the price for Brazil ($0.1 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Oxygen Exports in Spain

In 2022, shipments abroad of oxygen decreased by -51.3% to 6.6M cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 69%. As a result, the exports reached the peak of 13M cubic meters, and then dropped sharply in the following year.

In value terms, oxygen exports fell rapidly to $4.8M in 2022. Over the period under review, exports, however, saw a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of 74%. As a result, the exports attained the peak of $8.3M, and then dropped sharply in the following year.

Export of Oxygen in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1,2301,0201,0421,015-6.2%
Morocco1348222,08852057.1%
United Kingdom17682.742844736.4%
France3172716533594.2%
Gibraltar431376355287-12.7%
Andorra1441942051593.4%
Others2,1191,9893,5031,992-2.0%
Total4,5504,7568,2744,7791.7%

Top Export Markets for Oxygen from Spain in 2022:

  1. Portugal (3203.0K cubic meters)
  2. Morocco (2392.9K cubic meters)
  3. United Kingdom (341.7K cubic meters)
  4. Gibraltar (125.1K cubic meters)
  5. Andorra (114.8K cubic meters)
  6. France (84.3K cubic meters)

Oxygen Imports in Spain

For the fourth consecutive year, Spain recorded growth in overseas purchases of oxygen, which increased by 20% to 6.8M cubic meters in 2022. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxygen imports shrank remarkably to $3.6M in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at $5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Oxygen in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1,0291,0781,0991,3058.2%
United Kingdom18.32.684.4204123.4%
BrazilN/A18.923.220.74.7%
Others3,9922,8733,6922,023-20.3%
Total5,0393,9734,8993,552-11.0%

Top Suppliers of Oxygen to Spain in 2022:

  1. Portugal (6.1M cubic meters)
  2. Brazil (0.2M cubic meters)
  3. United Kingdom (0.1M cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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