The average annual price of diesel fuel in Germany tended to rise between 1950 and 2025. The price increase has increased significantly since 2020 in particular, only to fall again slightly from 2023. As of April 2025, the average diesel price was roughly 166.3 cents.

Diesel prices in Denmark rose with some fluctuation, peaking at **** euros per liter in 2012. Between 2000 and 2021, figures increased by ** euro cents per liter, with the lowest price recorded in 2003, at **** euros. By 2021, diesel prices amounted to an average of **** euros per liter.

Industrial product price index (IPPI), for selected products, by region, by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1971. The table presents month-over-month and year-over-year percentage changes. The base period is (202001=100).

In 2024, the average price of diesel for retail use was around ***** New Zealand cents per liter, while commercial diesel was priced at around ****** New Zealand cents per liter. Retail prices and commercial prices decreased compared to the previous year.

Graph and download economic data for Producer Price Index by Industry: Petroleum Refineries: Diesel Fuel (PCU324110324110C2) from Jun 1985 to Jul 2025 about refineries, diesel, petroleum, fuels, PPI, industry, price index, indexes, price, and USA.

The global diesel fuel market, valued at $244.26 billion in 2025, is projected to experience steady growth, driven primarily by the persistent demand from the transportation and industrial sectors. A compound annual growth rate (CAGR) of 3.50% from 2025 to 2033 indicates a continuous, albeit moderate, expansion. The transportation segment, encompassing heavy-duty vehicles like trucks and buses, remains the largest consumer, significantly influenced by global logistics and freight movements. Industrial applications, including power generation and machinery operation, contribute substantially to market demand, particularly in developing economies experiencing rapid industrialization. While the "Others" segment encompasses various smaller applications, its growth is expected to be influenced by overall economic activity and emerging technologies. Growth will likely be influenced by factors such as fluctuating crude oil prices, government regulations on emissions (promoting cleaner alternatives), and the ongoing shift toward electric and alternative fuel vehicles. However, the persistent demand from heavy industries and developing economies is expected to offset some of the negative pressure from these factors. Regional variations are expected, with Asia-Pacific and the Middle East showing potentially stronger growth due to their expanding economies and infrastructure development. North America and Europe are expected to witness more moderate growth due to the ongoing adoption of stringent emission standards and the increasing popularity of electric vehicles. The competitive landscape is dominated by major integrated energy companies like Chevron, ExxonMobil, and Shell, along with significant players from Asia and the Middle East. These companies hold considerable market share due to their established refining and distribution networks. However, smaller regional players and alternative fuel providers are increasingly challenging the established order, particularly in niche markets. The long-term outlook suggests continued market growth, albeit at a pace moderated by technological advancements and regulatory changes. The industry will need to adapt to evolving environmental concerns and consumer preferences, emphasizing efficiency and sustainability in both production and distribution. Recent developments include: May 2023: Petrobras, the state oil company of Brazil, gave the green light to a revised fuel pricing policy that will result in significant cost reductions for drivers. As per the newly approved strategy, gasoline, and diesel prices will experience a considerable decline, with a nearly 13% reduction., February 2023: Europe officially confirmed the prohibition on selling new petrol and diesel cars starting in 2035. As the world's second-largest car market, this decision follows the passing of a law by the European Parliament. The law mandated car manufacturers to achieve complete elimination of CO2 emissions from all newly produced vehicles.. Key drivers for this market are: 4., Increasing Demand from Industrial Applications4.; Growing Infrastructure Across the World. Potential restraints include: 4., Increasing Demand from Industrial Applications4.; Growing Infrastructure Across the World. Notable trends are: Transportation Segment is to Expected to Dominate in the Market.

Australia Diesel Price: South-West data was reported at 184.400 0.01 AUD/l in Apr 2025. This records a decrease from the previous number of 186.800 0.01 AUD/l for Mar 2025. Australia Diesel Price: South-West data is updated monthly, averaging 139.000 0.01 AUD/l from Jan 2001 (Median) to Apr 2025, with 292 observations. The data reached an all-time high of 231.400 0.01 AUD/l in Nov 2022 and a record low of 88.200 0.01 AUD/l in Jan 2002. Australia Diesel Price: South-West data remains active status in CEIC and is reported by Department of Mines, Industry Regulation and Safety. The data is categorized under Global Database’s Australia – Table AU.P008: Average Petrol and Diesel Prices: Western Australia.

Singapore Retail Prices: Diesel (Per Litre) data was reported at 2.330 SGD/l in Dec 2024. This stayed constant from the previous number of 2.330 SGD/l for Nov 2024. Singapore Retail Prices: Diesel (Per Litre) data is updated monthly, averaging 1.530 SGD/l from Jan 2010 (Median) to Dec 2024, with 180 observations. The data reached an all-time high of 2.810 SGD/l in Jun 2022 and a record low of 0.940 SGD/l in Feb 2016. Singapore Retail Prices: Diesel (Per Litre) data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.P002: Average Retail Prices: 2019=100. [COVID-19-IMPACT]

Red diesel prices rose in 2017 for the first time in five years. On average, buyers had to pay **** pence per liter of red Diesel in the United Kingdom in 2017. The average price had risen by **** pence between 2003 and 2012, before once again falling to 2017’s figures.

What is red diesel?

Red diesel is the same fuel as regular or white diesel. The fuel is heavily rebated and only to be used for agricultural, construction, and forestry purposes. It powers off-road vehicles and machinery in these industries and is not legal for use in road vehicles. A red dye is added to distinguish it from regular diesel. Red diesel has a lower tax rate to allow the above-mentioned industries to operate at a profit.

Regular diesel prices

One can surmise how much the different tax rate matters when we look at regular diesel prices. The lowest average price for white diesel in the past few years was *** pence per liter in February of 2016. In March 2019 it was *** pence. Compared to the regional differences in white diesel price, the price difference between the red and white variants is significantly higher. For more information on the fossil fuel industry in the UK visit our topic page here.

The global retail fuel market is a dynamic sector experiencing significant growth, driven by increasing urbanization, rising vehicle ownership, and expanding industrial and commercial activities. While precise market size figures are unavailable, based on industry trends and comparable markets, we can estimate the 2025 market value at approximately $1.5 trillion USD. This substantial market is expected to exhibit a Compound Annual Growth Rate (CAGR) of around 4% from 2025 to 2033, reaching an estimated value of $2.2 trillion USD by 2033. This growth is fueled by factors such as the increasing demand for transportation fuels in developing economies, the expansion of the aviation industry, and the growing use of fuel in power generation and industrial processes. However, the market faces constraints, such as fluctuating crude oil prices, governmental regulations on emissions, and the increasing adoption of alternative energy sources like electric vehicles. Segment-wise analysis reveals diverse growth patterns. Natural gas and high-speed diesel are dominant fuel types, driving a significant portion of the market value. Within applications, power generation, industrial uses, and transportation (including aviation and captive power) are key drivers. Geographic distribution shows significant regional variations. North America and Asia Pacific are currently leading markets due to high vehicle ownership and industrialization. However, emerging economies in regions like the Middle East & Africa and South America are exhibiting rapid growth, presenting substantial future opportunities. Key players in the retail fuel market include national oil companies such as Bangladesh Petroleum Corporation and Petrobangla, as well as international giants like Chevron Corporation. These players are constantly adapting to changing market dynamics, investing in infrastructure and exploring new fuel technologies to maintain their competitiveness. The future of the retail fuel market hinges on successful navigation of environmental concerns, strategic infrastructure development, and the management of volatile energy prices.

Graph and download economic data for Producer Price Index by Industry: Petroleum Refineries: Heavy Fuel Oils, Including No. 5, No. 6, Heavy Diesel, Gas Enrichment Oils, etc. (PCU324110324110E) from Jan 1947 to Jun 2025 about refineries, diesel, heavy weight, petroleum, fuels, oil, gas, PPI, industry, price index, indexes, price, and USA.

This statistic shows the change in the price of automotive diesel per liter in selected countries for the period between June 2019 and June 2020. The price changes exclude value added taxes from prices for automotive diesel. In June 2020, the diesel price per liter in the United States was 22.1 percent lower than it was in June 2019.

Change in the price of automotive diesel

There are many types of diesel, most commonly a fractional distillate of petroleum fuel oil, all of which are constantly being developed and adapted for the industry. As of 2006, almost all of the petroleum-based diesel fuels in Europe and North America are an ultra-low sulfur diesel (ULSD). Using ULSD will promote more strict emission technologies for diesel engines and lower-emission fuels. Diesel is used for vehicles with diesel engines. Unlike gas engines, diesel engines usually inject diesel directly into the cylinder to continue combustion and thus, move the piston. Due to high compression ratios, diesel engines are often more efficient than conventional gasoline engines. However, diesel can convert into a gel-like substance in colder temperatures, preventing movement through the fuel systems.

Diesel has a higher volumetric energy density than conventional gasoline, which is important for fuel efficiency. During colder seasons, the price of diesel tends to rise as demand for heating oil also increases. In the U.S., diesel cars only account for approximately three percent of the car market. Meanwhile, in Europe, some 28 percent of passenger cars purchased in the first quarter of 2020 were diesel fueled.

Macau List Price: Gas Oil & Diesel: For Industrial use data was reported at 240.000 MOP/18 l in Sep 2018. This records an increase from the previous number of 236.000 MOP/18 l for Jun 2018. Macau List Price: Gas Oil & Diesel: For Industrial use data is updated quarterly, averaging 105.000 MOP/18 l from Mar 1990 (Median) to Sep 2018, with 115 observations. The data reached an all-time high of 247.000 MOP/18 l in Sep 2014 and a record low of 49.000 MOP/18 l in Jun 1990. Macau List Price: Gas Oil & Diesel: For Industrial use data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR – Table MO.P006: Energy List Price.

Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-08-18 about diesel, sales, commodities, and USA.

The size of the Diesel Industry market was valued at USD 244.26 Million in 2023 and is projected to reach USD 310.77 Million by 2032, with an expected CAGR of 3.50% during the forecast period. The diesel sector, an essential element of the global energy landscape, involves the production, distribution, and utilization of diesel fuel and engines. Diesel fuel is produced from crude oil through refining methods and is predominantly utilized in transportation modes such as trucks, buses, trains, and ships, owing to its superior energy density and efficiency. Moreover, diesel engines find extensive application in industrial settings and power generation. In recent years, the industry has encountered significant transformations prompted by environmental regulations and the emergence of alternative energy sources. Governments across the globe are increasingly enforcing stringent emissions standards to address climate change and mitigate air pollution, which has led the diesel sector to invest in cleaner technologies and the development of low-emission diesel engines. Additionally, the rise of electric vehicles and advancements in renewable energy technologies present considerable challenges to the prevailing dominance of diesel. Nevertheless, the diesel industry continues to demonstrate resilience, especially in areas where diesel power is vital for heavy-duty transportation and industrial activities. The future of the market will likely depend on its capacity to innovate and adapt to a swiftly changing energy environment, while balancing environmental considerations with the persistent demand for dependable, high-performance energy solutions. Recent developments include: May 2023: Petrobras, the state oil company of Brazil, gave the green light to a revised fuel pricing policy that will result in significant cost reductions for drivers. As per the newly approved strategy, gasoline, and diesel prices will experience a considerable decline, with a nearly 13% reduction., February 2023: Europe officially confirmed the prohibition on selling new petrol and diesel cars starting in 2035. As the world's second-largest car market, this decision follows the passing of a law by the European Parliament. The law mandated car manufacturers to achieve complete elimination of CO2 emissions from all newly produced vehicles.. Key drivers for this market are: Increasing Demand from Industrial Applications4., Growing Infrastructure Across the World. Potential restraints include: A Rise in Concerns Related to Carbon Emissions and A Shift Towards Electric Vehicles and Renewable Sources of Energy. Notable trends are: Transportation Segment is to Expected to Dominate in the Market.

The global diesel market, valued at $1,025.2 million in 2025, is projected to experience steady growth, driven primarily by the continued reliance on diesel fuel in heavy-duty transportation, construction, and agriculture. The 4.4% CAGR indicates a consistent expansion throughout the forecast period (2025-2033). While the transition towards electric and alternative fuel vehicles presents a long-term restraint, the robust demand from developing economies, particularly in Asia and Africa, where infrastructure development and industrialization are accelerating, will continue to support market growth. Furthermore, advancements in diesel engine technology focusing on improved fuel efficiency and reduced emissions are mitigating some environmental concerns and extending the lifespan of diesel's dominance in certain sectors. The market segmentation, while not explicitly provided, can be reasonably inferred to include categories based on fuel type (e.g., ultra-low sulfur diesel), application (e.g., on-road, off-road), and end-user (e.g., commercial vehicles, power generation). Major players like BP, Shell, CNPC, ExxonMobil, Sinopec, Indian Oil, Total, Pertamina, Chevron, and Petronas, are expected to continue shaping market dynamics through strategic partnerships, technological innovations, and global expansion initiatives. The competitive landscape is characterized by a mix of established multinational corporations and national oil companies. These companies are actively involved in optimizing their refining processes to meet evolving emission standards and consumer demands. The market's future trajectory hinges on several factors, including government regulations related to emissions, fluctuating crude oil prices, and the pace of adoption of alternative fuels. Despite the headwinds from environmental concerns and technological advancements, the substantial and persistent demand for diesel in numerous industrial and transportation sectors ensures a considerable market size throughout the forecast period, with continued growth potential in emerging economies.

The global diesel fuel market is a substantial industry, exhibiting consistent growth driven by several key factors. While precise figures for market size and CAGR are unavailable, industry reports consistently indicate a multi-billion dollar market with a moderate to strong growth rate (let's assume a CAGR of 3-4% for illustrative purposes, reflecting global economic activity and industrial demand). This growth is primarily fueled by the continued reliance on diesel engines in heavy-duty transportation (trucks, trains, ships), construction equipment, and agricultural machinery. Developing economies, particularly in Asia-Pacific and the Middle East & Africa, contribute significantly to this demand due to infrastructure development and increasing industrialization. The rising adoption of diesel-powered generators in areas with unreliable electricity grids also contributes to market expansion. However, several factors restrain market growth. Stringent emission regulations, aimed at curbing air pollution, are driving the shift towards cleaner alternatives like biodiesel and electric vehicles. Fluctuations in crude oil prices, a primary input cost for diesel production, create market volatility. Furthermore, government initiatives promoting renewable energy sources and energy efficiency measures gradually reduce the overall reliance on diesel fuel. The market is segmented by application (heavy-duty transportation, agriculture, power generation, etc.) and type (ultra-low sulfur diesel, biodiesel blends, etc.). Major players in the diesel fuel market include established oil and gas giants like BP, Shell, CNPC, ExxonMobil, Sinopec, Indian Oil, Total, Pertamina, Chevron, and Petronas, indicating a highly consolidated market structure with significant competition. Regional market dominance is expected to remain with North America, Europe, and Asia-Pacific, reflecting the concentration of industrial activity and transportation infrastructure in these regions.