Jet fuel prices in the aviation industry were at an all-time low during 2020; the lowest value recorded was in the week of May 1, 2020 at 0.46 U.S. dollars per gallon. Now that air passenger demand is improving, the rise in jet fuel prices is putting pressure on the airline industry that is trying to return to profitability.

Graph and download economic data for Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast (DJFUELUSGULF) from 1990-04-02 to 2025-11-24 about kerosene, fuels, commodities, and USA.

United States - Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast was 2.12300 $ per Gallon in November of 2025, according to the United States Federal Reserve. Historically, United States - Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast reached a record high of 5.06600 in April of 2022 and a record low of 0.28200 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast - last updated from the United States Federal Reserve on December of 2025.

View monthly updates and historical trends for US Airline Fuel Cost. from United States. Source: Bureau of Transportation Statistics. Track economic data …

The cost of airline fuel has been volatile over the last sixteen years. From a high of **** U.S. dollars per gallon in 2012, just four years later the cost had fallen by more than half to **** U.S. dollars and reaching **** U.S dollars per gallon in 2021. Airline fuel The vast majority of airline fuel used by U.S. airlines is jet fuel, which is a kerosene-based fuel derived from petroleum. Being a petroleum product, the price of jet fuel is greatly affected by the global price of crude oil. For example, the three most common benchmarks of global oil prices – the Brent, the West Texas Intermediate, and the OPEC (Reference) Basket – all exhibit similar fluctuations in the price of airline fuel in the same period. Influence of airline fuel price Fuel expenses typically represent around ***** percent of an airlines’ total expenses, so any fluctuation in price will respectively affect the financial position of airlines. This is clearly demonstrated by the decline in net profits of airlines globally in 2019, coinciding with the above-mentioned rise in oil prices.

View market daily updates and historical trends for US Gulf Coast Kerosene-Type Jet Fuel Spot Price. Source: Energy Information Administration. Track econ…

U.S. Gulf Coast Jet Fuel Prices - Historical chart and current data through 2025.

In 2021, the estimated average price per barrel of Brent crude oil in the aviation industry amounted to **** euros. In that same year, airlines paid ** percent of the total expenditure on fuel.

Brazil BR: Weighted Average Price: Aviation Fuel data was reported at 3.888 BRL/l in 2023. This records a decrease from the previous number of 4.842 BRL/l for 2022. Brazil BR: Weighted Average Price: Aviation Fuel data is updated yearly, averaging 1.603 BRL/l from Dec 2002 (Median) to 2023, with 22 observations. The data reached an all-time high of 4.842 BRL/l in 2022 and a record low of 0.589 BRL/l in 2002. Brazil BR: Weighted Average Price: Aviation Fuel data remains active status in CEIC and is reported by National Petroleum, Natural Gas and Biofuels Agency. The data is categorized under Global Database’s Brazil – Table BR.PE011: Weighted Average Price: Aviation Fuel.

Brazil Weighted Average Price: Aviation Fuel: North data was reported at 2.204 BRL/l in 2018. This records an increase from the previous number of 1.563 BRL/l for 2017. Brazil Weighted Average Price: Aviation Fuel: North data is updated yearly, averaging 1.369 BRL/l from Dec 2002 (Median) to 2018, with 17 observations. The data reached an all-time high of 2.204 BRL/l in 2018 and a record low of 0.596 BRL/l in 2002. Brazil Weighted Average Price: Aviation Fuel: North data remains active status in CEIC and is reported by National Petroleum Agency. The data is categorized under Brazil Premium Database’s Energy Sector – Table BR.RBG015: Weighted Average Price: Aviation Fuel.

Brazil Weighted Average Price: Aviation Fuel: South data was reported at 2.236 BRL/l in 2018. This records an increase from the previous number of 1.618 BRL/l for 2017. Brazil Weighted Average Price: Aviation Fuel: South data is updated yearly, averaging 1.455 BRL/l from Dec 2002 (Median) to 2018, with 17 observations. The data reached an all-time high of 2.236 BRL/l in 2018 and a record low of 0.596 BRL/l in 2002. Brazil Weighted Average Price: Aviation Fuel: South data remains active status in CEIC and is reported by National Petroleum Agency. The data is categorized under Brazil Premium Database’s Energy Sector – Table BR.RBG015: Weighted Average Price: Aviation Fuel.

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Aviation Fuel Market Size 2024-2028

The aviation fuel market size is valued to increase USD 109 billion, at a CAGR of 8.55% from 2023 to 2028. Increasing focus on clean aviation fuel will drive the aviation fuel market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% growth during the forecast period.
By End-user - Commercial segment was valued at USD 98.60 billion in 2022
By Product - ATF segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 84.82 billion
Market Future Opportunities: USD 109.00 billion
CAGR : 8.55%
APAC: Largest market in 2022

Market Summary

The market encompasses the production, distribution, and consumption of fuels utilized in aviation industry operations. Key entities in this market include core technologies, such as biofuels and synthetic fuels, and applications, including jet fuel and avgas. Service types or product categories consist of refining, blending, and distribution. Regulatory bodies, like the International Civil Aviation Organization (ICAO), play a significant role in shaping market dynamics through emissions regulations. Currently, the market is experiencing significant evolution. The increasing focus on clean aviation fuel, driven by environmental concerns and regulatory mandates, is a major trend. For instance, biojet fuel accounted for approximately 0.1% of the total jet fuel consumption in 2020, according to the Sustainable Aviation Fuel Users Group.
Another influential factor is the fluctuation in oil and gas prices, which impact the cost structure and profitability of aviation fuel producers. Despite challenges, opportunities for growth persist, particularly in emerging markets and the development of advanced fuel technologies.

What will be the Size of the Aviation Fuel Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Aviation Fuel Market Segmented and what are the key trends of market segmentation?

The aviation fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Commercial
  Military
  Private


Product

  ATF
  Aviation biofuel


Fuel Type

  Jet Fuel (Jet A, Jet A-1, Jet B)
  Aviation Gasoline (Avgas)


Platform

  Fixed-Wing
  Rotorcraft


End-use

  Commercial Airlines
  Cargo Airlines
  Business & General Aviation
  Military


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The commercial segment is estimated to witness significant growth during the forecast period.

The market is experiencing notable expansion due to the burgeoning commercial aircraft industry. Factors such as the rising number of air travelers and increasing disposable income are fueling this growth. In 2023, the commercial segment experienced a significant rebound following the pandemic, with global aviation traffic reaching 94.1% of pre-pandemic (2019) levels. This trend is attributed to the increasing demand for air travel, as evidenced by the traffic in December 2023, which reached 97% of pre-pandemic levels. Fuel distribution networks and storage tank management are crucial aspects of the market. Fuel companies focus on improving cetane number, engine combustion efficiency, and reducing emissions through the use of corrosion inhibitors, emissions reduction technologies, and fuel tanker operations.

The hydrocarbon composition, fuel density measurement, and energy density analysis are essential factors in ensuring optimal fuel performance. Regulations play a significant role in the market, with stringent requirements for fuel quality control, spill prevention measures, and flight efficiency optimization. Fuel blending processes, vapor pressure limits, and jet fuel performance are closely monitored to maintain safety and efficiency. The industry also focuses on reducing carbon footprint through the use of sustainable aviation fuel, nitrogen oxide emissions reduction, and greenhouse gas emissions mitigation. Synthetic fuel synthesis and lubricity enhancement are emerging trends in the market. These advancements aim to improve fuel efficiency and reduce environmental impact.

The market also prioritizes fuel handling safety, with a focus on anti-icing additives and aircraft fuel systems. Pipeline transportation and aviation fuel additives are essential components of the market's infrastructure. In the future, the market is expected to continue its growth trajectory,

According to Cognitive Market Research, the global Commercial Aircraft Aviation Fuel market size will be USD XX million in 2023. It will expand at a compound annual growth rate (CAGR) of 15.20% from 2023 to 2030.

The demand for Commercial Aircraft Aviation Fuel is rising due to increasing focus on reducing carbon emissions.
Demand for air turbine fuel remains higher in the Commercial aircraft aviation fuel market.
The passenger aircraft category held the highest Commercial Aircraft Aviation Fuel market revenue share in 2023.
North American Commercial Aircraft Aviation Fuel will continue to lead, whereas the European Commercial Aircraft Aviation Fuel market will experience the most substantial growth until 2030.

Expansion of the Tourism Industry to Provide Viable Market Output

The expansion of tourism is influencing the market's growth. The surge in global tourism has led to a rise in air travel demand, subsequently driving the need for aviation fuel. As more people explore diverse destinations, airlines are compelled to increase their fleets and flights, increasing fuel consumption. Additionally, emerging economies witnessing a boost in tourism further amplify this trend. The expansion of the tourism sector acts as a key driver, stimulating investments and innovations in aviation fuel technology to meet the escalating requirements of the growing commercial airline industry.

For instance, According to the World Tourism Organization, a specialized agency of the United Nations (UN), tourist arrivals in Maldives in January 2021 stood at 92,103. This count rose to 99,397 by 3rd February 2021. The growing count of tourists is creating promising scope for the aviation industry.

Source-www.unwto.org/maldives-tourism-looking-up-after-reopening

Increased Development of Jet-a-fuels to Propel Market Growth

The development of jet-a-fuels has significantly impacted the Commercial aircraft aviation fuel market. Jet-A fuels are undergoing advancements to enhance fuel efficiency, reduce carbon emissions, and comply with stringent environmental regulations. These innovations focus on improving the energy density of fuels, exploring alternative and renewable sources, and optimizing combustion processes. The rise in demand for cleaner and more sustainable aviation fuels, coupled with a global emphasis on reducing the environmental impact of air travel, is compelling the industry to invest in research and development, thereby fostering the evolution of Jet-A fuels for a more eco-friendly aviation future.

For instance, in June 2021, researchers at Washington State University developed a process for turning waste plastics into sustainable jet-A fuel. If the process is refined and applied on a large scale, the procedure is expected to address major environmental problems, including greenhouse gas emissions and plastic pollution.

Source-news.wsu.edu/press-release/2021/05/17/new-technology-converts-waste-plastics-jet-fuel-hour/

Market Dynamics of the Commercial Aircraft Aviation Fuel Market

Fluctuation in Oil Prices to Restrict Market Growth

The fluctuation in oil prices hinders the growth of the market. The industry is highly sensitive to changes in crude oil prices, affecting the overall operational costs for airlines. Frequent spikes in oil prices can lead to increased expenses for fuel, impacting profit margins and necessitating adjustments in ticket prices. Conversely, a decline in oil prices may provide temporary relief but can disrupt long-term planning and investments in fuel-efficient technologies. The unpredictable nature of oil price fluctuations introduces financial uncertainties, making it challenging for airlines to budget effectively and potentially hindering the adoption of sustainable aviation fuel alternatives.

Impact of COVID–19 on the Commercial Aircraft Aviation Fuel market

The COVID-19 pandemic significantly affected the Commercial Aircraft Aviation Fuel market. The unprecedented decline in air travel demand led to reduced flight operations, impacting the aviation fuel sector. Airlines faced financial challenges, resulting in fleet groundings and delayed deliveries of new aircraft. It led to a surplus of aviation fuel, causing a price drop. Governments implemented travel restrictions and lockdowns, further exacerbating the industry's woes. As the world strives for recovery, the aviation fuel market is gradually rebounding, but uncertainties ...

In Q3 2025, North America Jet Kerosene Price Index in North America showed a mild upward trend during. Check detailed insights for Europe and APAC.

The price of jet kerosene in India has reached 1155 USD/MT in the fourth quarter of 2023. The Indian market has been witnessing a fair share of opportunities due to the relaxation of US sanctions on Venezuela, which enables the nation to procure crude oil at better competitive prices, which is highly likely to change the import strategies. Other than this, the production costs of jet kerosene across the region reduced when the supply interruptions caused due to the Israel-Hamas conflict, got better. Moreover, jet kerosene oil prices witnessed a considerable low due to the inflow of economical crude oil from Venezuela. According to numerous reports, various oil marketing companies including Bharat Petroleum Corporation, Indian Oil corporation, and Hindustan Petroleum Corporation are prepared to reduce the fuel prices in the upcoming future.

Jet Kerosene Prices December 2023

Explore IMARC's latest publication, “Jet Kerosene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the jet kerosene market, providing insights into both global and regional trends that are shaping prices.

Gasoline tax rates were last changed on July 1, 2022. The current rates are:

• unleaded gasoline - 9¢ per litre
• leaded gasoline - 17.7¢ per litre

The Aviation fuel tax rate was last changed on April 1, 2017. The current rate is 6.7¢ per litre.

Effective January 1, 2020, a new rate was established for Northern Ontario. The rate for Northern Ontario is 2.7¢ per litre.

The Gasoline Tax Act has been amended to eliminate the taxation of propane under the Act, beginning July 1, 2025.

• However, interjurisdictional carriers who acquires propane anywhere will pay a tax at the rate of 0 cents per litre on all propane used by the interjurisdictional carrier in Ontario to generate power in a qualified motor vehicle.

You can download the dataset to view the historical price points for these taxes.

According to Cognitive Market Research, the global aircraft fuel systems market size is USD 9.15 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

North America held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
Asia-Pacific held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024.

Market Dynamics of Aircraft Fuel Systems Market

Key Drivers for Aircraft Fuel Systems Market

Increasing focus on enhancing airport fuel infrastructure is driving the market growth

Aircraft fuel system industry is undergoing massive growth because of the growing emphasis on upgrading airport fuel infrastructure to handle increasing air traffic and optimize operational efficiency. Airport expansion and new airline entry into regional markets create the need for advanced fuel distribution and storage systems. New fuel hydrant system stock and storage systems facilitate quicker fueling operations, minimize turn-around times, and enhance safe operation. This initiative supports the industry drive to enhance fuel supply chain resilience that is necessary for ensuring effective airport functioning and accommodating the growing air travel demand in the emerging markets. For instance, Uganda Civil Aviation Authority (UCAA) collaborated with Tristar Energy Limited, part of UAE conglomerate Tristar Group, to operate a new fuel storage plant and hydrant pipeline system at Entebbe International Airport. The project consists of a 12-million-liter fuel storage tank farm and subterranean fuel pipeline for direct aircraft refueling. This improvement of infrastructure raises the fuel storage capability of the airport, enhances security, and enhances air traffic turnaround efficiency for enhancing domestic development as well as for the increasing number of airport operators.

Increasing focus on enhancing airport fuel infrastructure is driving the market growth

The aircraft fuel system market could see growth due to the rising need for systems that are compatible with SAF as the aviation industry moves toward higher adoption of SAF. In addition to improving the market's growth prospects, this alignment with environmental sustainability objectives helps make the aviation sector more responsible and environmentally friendly. Finally, the increased demand for SAFs is good for the environment and the airplane fuel system market, which means more chances for new developments and improvements in the sector. The expansion of the airplane fuel systems market is being propelled by the government's encouragement of the creation of innovative aviation fuel systems for more fuel-efficient planes.

Key Restraints for Aircraft Fuel Systems Market

Unstable fuel prices are restraining the aircraft fuel system market

The aviation sector is extremely responsive to fluctuations in fuel prices, as fuel accounts for a large percentage of airlines' operational costs. Under high and unstable fuel prices, airlines are inclined to concentrate on cost-saving efforts, such as postponing investment in new, more fuel-efficient aircraft and accompanying fuel systems. This can cause fleet upgrade delays, decreasing the short-term demand for advanced fuel systems. In addition, in times of unstable fuel prices, carriers will tend to opt for short-term cost-saving alternatives rather than long-term fuel-saving investments in technology, including equipping their current aircraft with improved fuel systems. This slows down the take-up of new-fangled fuel system components and materials, hampering market growth. Moreover, the volatility and financial stress resulting from changing fuel prices can affect the overall profitability and financial health of airlines. Under such conditions, airlines might have limited funds to invest in capital expenses, such as investing in new or improved fuel systems. To counter these issues, players in the aircraft fuel system market need to create cost-efficient, highly effective solutions that provide real and quick returns on investment. In addition, stakeholders in the industry must carefully track fuel price trends and collectively deal with the economic issues posed by fuel price volatility to ensure long-term market sustainability. Unstable fuel prices significantly r...

The size of the Commercial Aircraft Aviation Fuel Market market was valued at USD 222.24 Billion in 2024 and is projected to reach USD 273.70 Billion by 2033, with an expected CAGR of 3.02% during the forecast period. Recent developments include: , Recent developments in the Commercial Aircraft Aviation Fuel Market reflect a trend towards sustainability and innovation as major companies adapt to changing regulations and consumer preferences. British Airways has announced its commitment to sustainable aviation fuel (SAF) investments, aligning with global efforts to reduce carbon emissions. Royal Dutch Shell and TotalEnergies are ramping up production of SAF and biofuels, with significant projects in progress to enhance their offerings. ANA Holdings and United Airlines are actively exploring partnerships to develop cleaner fuel options, showcasing a trend in collaboration among airlines., Moreover, Chevron and BP are expanding their footprint in the aviation fuel sector, focusing on strategic acquisitions to bolster their sustainability initiatives. In terms of market valuation, companies like Emirates and Qantas are witnessing growth in stock performance due to increased demand for fuel-efficient aircraft and renewable fuel sources., Delta Air Lines has made strides in supply chain optimization with plans to source SAF, reflecting a shift in focus among legacy airlines towards environmental responsibility. Overall, these developments indicate a significant transformation within the Commercial Aircraft Aviation Fuel Market as stakeholders prioritize eco-friendly solutions., Commercial Aircraft Aviation Fuel Market Segmentation Insights, Commercial Aircraft Aviation Fuel Market Fuel Type Outlook. Key drivers for this market are: Sustainable aviation fuel development, Expansion of low-emission technologies; Increasing fuel efficiency regulations; Partnerships for fuel innovation; Growth in emerging markets. Potential restraints include: Rising air travel demand, Fluctuating crude oil prices; Technological advancements in fuels; Environmental regulations and standards; Shift towards sustainable aviation fuels.

View monthly updates and historical trends for US Refiner Price of Kerosene-Type Jet Fuel for Resale. from United States. Source: Energy Information Admin…

View monthly updates and historical trends for US Refiner Price of Kerosene-Type Jet Fuel to End Users. from United States. Source: Energy Information Adm…