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Report World - Oxygen - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Oxygen - Market Analysis, Forecast, Size, Trends and Insights

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Global Oxygen Market 2024

Oxygen Market Size

The global oxygen market expanded slightly to $X in 2022, increasing by 2.3% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the global market failed to regain momentum.

Oxygen Production

In value terms, oxygen production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 15% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, global production growth remained at a lower figure.

Oxygen Exports

Exports

Global oxygen exports shrank to X cubic meters in 2022, reducing by -5.5% on 2021 figures. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of X cubic meters, and then fell in the following year.

In value terms, oxygen exports shrank slightly to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Belgium (X cubic meters) and France (X cubic meters) represented roughly 45% of total exports in 2022. It was distantly followed by the United States (X cubic meters), committing an 11% share of total exports. The following exporters - Kuwait (X cubic meters), Germany (X cubic meters), Portugal (X cubic meters), the Netherlands (X cubic meters), Poland (X cubic meters), the Czech Republic (X cubic meters) and Switzerland (X cubic meters) - together made up 22% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United States (with a CAGR of +12.8%), while the other global leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the largest oxygen supplier worldwide, comprising 25% of global exports. The second position in the ranking was held by France ($X), with a 12% share of global exports. It was followed by the United States, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value in Belgium amounted to +4.8%. In the other countries, the average annual rates were as follows: France (+0.9% per year) and the United States (-1.1% per year).

Export Prices by Country

In 2022, the average oxygen export price amounted to $X per cubic meter, with an increase of 4.9% against the previous year. Over the period under review, the export price, however, saw a mild descent. The growth pace was the most rapid in 2021 an increase of 8.4%. The global export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per cubic meter), while the United States ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the other global leaders experienced more modest paces of growth.

Oxygen Imports

Imports

Global oxygen imports shrank to X cubic meters in 2022, waning by -9.2% compared with the year before. In general, imports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Global imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, oxygen imports reduced to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The purchases of the three major importers of oxygen, namely the Netherlands, Germany and Luxembourg, represented more than third of total import. It was distantly followed by Slovakia (X cubic meters), making up a 5.9% share of total imports. The following importers - Canada (X cubic meters), Jordan (X cubic meters), Greece (X cubic meters), the United States (X cubic meters), Slovenia (X cubic meters), Saudi Arabia (X cubic meters), the Czech Republic (X cubic meters), the UK (X cubic meters) and Russia (X cubic meters) - together made up 24% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the United States (with a CAGR of +21.3%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 32% of global imports. Greece, Jordan, Slovakia, the UK, Canada, the Czech Republic, Slovenia, Saudi Arabia, Russia and the United States lagged somewhat behind, together accounting for a further 22%.

Among the main importing countries, Greece, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average oxygen import price amounted to $X per cubic meter, shrinking by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 an increase of 17% against the previous year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Greece ($X per cubic meter), while the United States ($X 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 Netherlands (+6.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, Russia and India, with a combined 36% share of global consumption. Japan, Pakistan, Brazil, Nigeria, the United States, the Netherlands, France, Italy, Saudi Arabia and Turkey lagged somewhat behind, together accounting for a further 28%.
The countries with the highest volumes of in 2021 were China, Russia and India, together accounting for 36% of global production. Japan, Pakistan, Brazil, the United States, Nigeria, the Netherlands, France, Italy, Saudi Arabia and Turkey lagged somewhat behind, together accounting for a further 28%.
In value terms, Belgium remains the largest oxygen supplier worldwide, comprising 19% of global exports. The second position in the ranking was occupied by France, with an 8.2% share of global exports. It was followed by the United States, with a 5.5% share.
In value terms, the Netherlands, Germany and France constituted the countries with the highest levels of imports in 2021, with a combined 30% share of global imports. These countries were followed by Luxembourg, Slovakia, Jordan, Greece, the Czech Republic, Canada, Slovenia, Saudi Arabia, Mexico and Denmark, which together accounted for a further 25%.
The average oxygen export price stood at $0.2 per cubic meter in 2021, rising by 8% against the previous year.
The average oxygen import price stood at $0.2 per cubic meter in 2021, standing approx. at the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Air Liquide, Linde, Air Products, BASF SE, Alcogroup S.A., Assogastecnici, BOC Ltd., BTG-GTB, Buse Gas B.V., Carbagas, IGV, Irish Oxygen Company, Strabenz Plini, Messer, Nippon Gases, Oxygen & Argon Works Ltd, Shell Global Solutions International, SIAD, SOL, Chemicals Inc., National Oxygen Ltd., Bhagawati Oxygen Ltd., Gagan Gases Ltd., Everest Kanto Cylinder Ltd., Airgas, Inox Air Products, Atul Oxygen Company, Aims Industries, PK Carbonics, Vinayak Air Products, Scoop Industries, Hiltone, Raj Gas Industries, Kashmir Gases, Universal Air Products, Popular Carbonic, Raigad Carbides

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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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