As of January 2024, the average monthly gasoline retail price in Japan stood at about 175.2 Japanese yen per liter. The figure declined compared to August 2023.
As of December 2022, the average gasoline retail price in Tokyo Prefecture stood at about 169.4 Japanese yen per liter. In mid-March 2022, the gasoline price briefly hovered around 180 yen per liter in Japan's capital. At the time, energy markets were in turmoil as Russia's war on Ukraine unfolded and sanctions severed trade agreements.
Why do gasoline prices fluctuate? Crude oil prices and changes in supply and demand are the main factors to affect gasoline prices around the world. Since crude oil is the main ingredient of gasoline, prices tend to change rapidly when something impacts crude oil supplies, refinery operations or pipeline deliveries. Furthermore, seasonal changes in demand can affect gasoline prices, even if crude oil prices remain stable. Historically, prices tend to peak in summer when the travel demand increases. Other factors are crises, wars, or natural disasters in oil-producing regions, since they can obstruct the production and transportation, and thus cause higher crude oil prices.
Oil industry in Japan In recent years, oil made up the highest share of energy consumption in Japan. Since the country lacks domestic reserves of fossil fuels, it is heavily dependent on imports. Most of Japan’s crude oil imports came from Middle Eastern countries such as Saudi Arabia and the United Arab Emirates. Nevertheless, Japan's oil consumption has decreased significantly since 1995. It only shortly increased after the nuclear disaster in Fukushima in 2011, when nuclear energy was replaced by fossil fuels. In more recent years, the figures indicated a decline in oil consumption as Japan aims to diversify its energy mix to be less dependent on fossil fuel imports and to increase its self-sufficiency rate of primary energy.
As of January 2024, the average gasoline retail price in Hokkaido Prefecture in Japan stood at about 174.2 Japanese yen per liter. Due to the high uncertainty in the international energy market during 2023, Japan's average gasoline price peaked at 185.6 Japanese yen per liter in August.
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Have timely access to reliable Gasoline price assessments in Japan:
Each assessment includes Gasoline price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Gasoline price assessments for Japan and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
As of January 2024, the monthly average domestic retail price of diesel fuel in Japan stood at around 154.8 Japanese yen per liter, an increase from about 148.3 yen in January 2023. Due to the high uncertainty in the international energy market during 2023, Japan's average diesel price peaked at 165.1Japanese yen per liter in August.
As of January 2023, the average gasoline retail price in Japan was highest in Nagasaki Prefecture, reaching about 181.2 Japanese yen per liter. In contrast, the average gasoline retail price in Miyagi Prefecture amounted to around 160.3 Japanese yen per liter.
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In February 2023, the wood fuel price amounted to $252 per cubic meter (CIF, Japan), shrinking by -8.8% against the previous month.
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Japan JP: Pump Price for Gasoline: USD per Liter data was reported at 1.060 USD in 2016. This records a decrease from the previous number of 1.380 USD for 2014. Japan JP: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 1.250 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 2.000 USD in 2012 and a record low of 0.910 USD in 2002. Japan JP: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;
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After three years of growth, supplies from abroad of wood fuel decreased by -7.1% to 8.2K cubic meters in 2023.
Price for diesel fuel of Japan sank by 20.00% from 1.10 US dollars/liter in 2014 to 0.88 US dollars/liter in 2016. Since the 17.52% jump in 2012, price for diesel fuel plummeted by 45.34% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan (CPGREN01JPQ657N) from Q1 1960 to Q2 2021 about fuels, electricity, energy, gas, Japan, CPI, price index, indexes, and price.
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Japan Oil Product Retail Price: Premium Gasoline: Okinawa data was reported at 166.100 JPY/l in 23 Jul 2018. This records a decrease from the previous number of 166.700 JPY/l for 16 Jul 2018. Japan Oil Product Retail Price: Premium Gasoline: Okinawa data is updated weekly, averaging 151.000 JPY/l from May 2009 (Median) to 23 Jul 2018, with 471 observations. The data reached an all-time high of 179.200 JPY/l in 21 Jul 2014 and a record low of 125.300 JPY/l in 01 Feb 2016. Japan Oil Product Retail Price: Premium Gasoline: Okinawa data remains active status in CEIC and is reported by Agency for Natural Resources and Energy. The data is categorized under Global Database’s Japan – Table JP.P004: Oil Product Retail Price: Weekly.
As of June 2024, the petrol index in Japan amounted to around 1.55 thousand, down from over two thousand in 2019. The petrol price index compares average petrol prices to average salaries in a given year. The higher the index, the more petrol can be purchased by the average salary in a country.
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Japan Oil Product Retail Price: Regular Gasoline: Okinawa data was reported at 155.000 JPY/l in 10 Dec 2018. This records a decrease from the previous number of 156.800 JPY/l for 03 Dec 2018. Japan Oil Product Retail Price: Regular Gasoline: Okinawa data is updated weekly, averaging 142.000 JPY/l from May 2009 (Median) to 10 Dec 2018, with 491 observations. The data reached an all-time high of 168.900 JPY/l in 21 Jul 2014 and a record low of 114.700 JPY/l in 01 Feb 2016. Japan Oil Product Retail Price: Regular Gasoline: Okinawa data remains active status in CEIC and is reported by Agency for Natural Resources and Energy. The data is categorized under Global Database’s Japan – Table JP.P013: Oil Product Retail Price: Weekly.
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The Japanese wood fuel market reached $943M in 2024, with an increase of 4.9% against the previous year. In general, consumption saw a prominent expansion. Wood fuel consumption peaked at $987M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
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Have timely access to reliable Kerosene price assessments in Japan:
Each assessment includes Kerosene price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Kerosene price assessments for Japan and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
As of January 2024, the average gasoline retail price in Kyushu Okinawa Prefecture in Japan stood at about 173.4 Japanese yen per liter. Due to the high uncertainty in the international energy market during 2022, Japan's average gasoline price peaked at 175.2 Japanese yen per liter in March.
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Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Japan (JPNCP040500GPQ) from Q2 1970 to Q2 2021 about water, fuels, electricity, gas, Japan, CPI, price index, indexes, and price.
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Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Japan (JPNCP040500GPM) from Feb 1970 to Jun 2021 about water, fuels, electricity, gas, Japan, CPI, price index, indexes, and price.
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Les prix de l'essence au Japon ont augmenté à 1,23 USD/litre en février par rapport à 1,19 USD/litre en janvier 2025. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Japon - Prix de l'essence.
As of January 2024, the average monthly gasoline retail price in Japan stood at about 175.2 Japanese yen per liter. The figure declined compared to August 2023.