Gasoline Prices in Japan decreased to 1.20 USD/Liter in June from 1.24 USD/Liter in May of 2025. This dataset provides the latest reported value for - Japan Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of March 2025, the average monthly gasoline retail price in Japan stood at about 184.1 Japanese yen per liter. The figure declined increased in recent months.

Natural gas prices (Japan) in , May, 2025 For that commodity indicator, we provide data from January 1977 to May 2025. The average value during that period was 7.24 USD per million British thermal units with a minimum of 2.72 USD per million British thermal units in December 1998 and a maximum of 23.73 USD per million British thermal units in September 2022. | TheGlobalEconomy.com

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

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.

Japan: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.06 dollars, a decline from 1.38 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Japan from 1995 to 2016 is 1.28 dollars. The minimum value, 0.91 dollars, was reached in 2002 while the maximum of 2 dollars was recorded in 2012.

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.

Comprehensive historical data and future forecasts for Natural Gas prices in Japan, crucial for market analysis and strategic planning.

This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America

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.

Access monthly energy price assessments for Japan, featuring Natural Gas. Coverage includes 10-year price history, current values, short-term forecasts, and market trends. Updated on the 3rd business day of each month, the data offers insights on prices, supply, demand, production, and trade. Available via PDF reports, Excel Add-In, Power BI, and API. Free preview available.

Access monthly energy price assessments for Germany, featuring Gasoline and other key energy commodities. Coverage includes 10-year price history, current values, short-term forecasts, and market trends. Updated on the 3rd business day of each month, the data offers insights on prices, supply, demand, production, and trade. Available via PDF reports, Excel Add-In, Power BI, and API. Coverage for Japan and over 30 other countries is included in Intratec Energy Prices & Markets. Free preview available.

In 2022, liquified natural gas (LNG) cost approximately 18.4 U.S. dollars per million British thermal units in Japan. The country imported the majority of its natural gas supply from overseas.

Natural gas production in Japan

Since Japan has limited natural resources, it heavily depends on imports for its primary energy supply. Only a small amount of the total supply of natural gas energy is produced domestically in areas such as Hokkaido, Chiba, or Niigata Prefecture. The natural gas produced in the around 60 oil and natural gas mines operating in Japan is mainly wet and dry natural gas. Minami-Kanto natural gas fields dissolved in water, which lies across Chiba Prefecture and surrounding prefectures, yields close to 20 percent of the total production of natural gas in the country. The saltwater in the field also includes a great amount of iodine. Japan is hence one of the leading countries regarding iodine production.

LNG imports

Apart from the two percent of in-house natural gas production, the rest of the natural gas supply in Japan originates from liquefied natural gas (LNG) imports from countries like Australia, the state of Qatar, Malaysia, and Indonesia.

Japan imported over 71 megatons of LNG in recent years, making the country the world’s largest importer of LNG. Natural gas and LNG accounted for over 23 percent of the total primary energy supply in Japan, indicating that natural gas and LNG are some of the most essential resources the country requires.

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.

Gas export to Japan has become an important source of revenue for Indonesia since the 1970s. Traditionally, the gas was priced with linkage to the oil price. However, changes in the market during the early 2010s has put pressure to this traditional pricing mechanism. Using the Vector Auto-regression (VAR) approach, this research aims to understand whether the spot LNG import pricing in Japan is moving away from JCC linkage or not, and the extent of the change if there is any. LNG price analyzed in this research is the Japanese spot cargo import price, published by the Japanese Ministry of Economy, Trade and Industry from March 2014 to November 2017. The Japanese LNG spot price was regressed against US Henry Hub (HH) and UK NBP gas hub prices, Japan Customs-Cleared (JCC) crude oil price, and Japan imported coal price in the same period.The historical decomposition of the VAR model suggests that the spot LNG price in Japan were increasingly affected by US Henry Hub and UK NBP gas prices, while the effect of JCC crude oil price is weaker, and Japanese imported coal having no significant effect towards Japanese spot LNG price. The impact of mature gas hub prices is also dynamic: HH is showing stronger effect in the mid 2016, then it changed to the domination of NBP in mid 2017.The result further indicates the increasing connectivity of gas price around the world, with US and UK price affecting Japanese gas price through spot LNG trade. Due to the demand condition in Japan and East Asian market in general, the continuation of US/European gas hub price effect is likely to happen until early 2020s, as the slight deficit in this region might be fulfilled by spot LNG import. Under the new domestic gas pricing regulation in Indonesia, the continuation of NBP impact towards gas pricing in Japan might reduce the price to the level at which fulfilling the increasing domestic gas demand is more efficient than exporting LNG.

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.

United States Natural Gas Exports: Average Price: LNG: Japan data was reported at 8.250 USD/1000 Cub ft in Aug 2018. This records an increase from the previous number of 6.860 USD/1000 Cub ft for Jul 2018. United States Natural Gas Exports: Average Price: LNG: Japan data is updated monthly, averaging 4.145 USD/1000 Cub ft from Jan 1989 (Median) to Aug 2018, with 334 observations. The data reached an all-time high of 17.590 USD/1000 Cub ft in Jun 2012 and a record low of 0.000 USD/1000 Cub ft in Nov 2016. United States Natural Gas Exports: Average Price: LNG: Japan data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P007: Natural Gas Price.

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.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan (CPGREN01JPM657N) from Jan 1960 to Jun 2021 about fuels, electricity, energy, gas, Japan, CPI, price index, indexes, and price.