![]() 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. In the other countries, the average annual rates were as follows: France (-3.2% per year) and Italy (+6.9% per year). It was followed by Italy, with an 8.9% share.įrom 2007 to 2021, the average annual rate of growth in terms of value in Belgium totaled +2.4%. The second position in the ranking was occupied by France ($18M), with a 12% share of total supplies. In value terms, Belgium ($43M) remains the largest oxygen supplier in the EU, comprising 29% 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. All these countries together held near 32% share of total exports. 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). The total export value increased at an average annual rate of +1.3% from 2007 to 2021.īelgium was the largest exporting country with an export of around 336M cubic meters, which recorded 40% of total volume. In value terms, oxygen exports soared to $148M in 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 general, exports recorded a measured expansion from 2007 to 2021. 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. 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.įrom 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. from 2009 to 2021, production growth remained at a lower figure. As a result, production attained the peak level of $3.6B. The most prominent rate of growth was recorded in 2008 with an increase of 31% y-o-y. ![]() In general, production, however, showed a slight curtailment. In value terms, oxygen production stood at $2.1B in 2021 estimated in export prices. The volume of production peaked at 21B cubic meters in 2008 however, from 2009 to 2021, production failed to regain the momentum. The pace of growth appeared the most rapid in 2017 when the production volume increased by 11% year-to-year. ![]() Overall, production, however, continues to indicate a relatively flat trend pattern. 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. These countries were followed by Spain, the Netherlands, Poland, the Czech Republic, Belgium, Finland and Austria, which together accounted for a further 43%. 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. 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. Figures in this report refer to oxygen sold as a commercial product. from 2009 to 2021, the growth of the market declined. As a result, consumption reached the peak level of $3.4B. The pace of growth was the most pronounced in 2008 when the market value increased by 22% year-to-year. In general, consumption, however, recorded a slight curtailment. 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. Here is a summary of the report's key findings. NEW YORK, Ap(GLOBE NEWSWIRE) - IndexBox has just published a new report: 'EU – Oxygen - Market Analysis, Forecast, Size, Trends and Insights'.
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