Gas stations in the state of Guerrero have the highest average price of regular gasoline across Mexico, at over 20 Mexican pesos per liter as of November 2023. Gasoline in the capital Mexico City was also above the national average, at nearly 19.9 pesos per liter. Meanwhile, Tamaulipas – in the Gulf of Mexico coast – reported the lowest average price in the Latin American country, at less than 16.9 pesos per liter.
The average price of regular gasoline in Mexico reached 23.55 Mexican pesos per liter as of December 2024, up from more than 22 pesos per liter in the previous year. For premium gasoline, average prices increased from 24.3 pesos to 25.16 pesos per liter in the same period. What defines the price of gasoline in Mexico? The North American country is highly dependent on gasoline imports in order to meet its demand. Since 2016, gasoline imports by Pemex – Mexico’s national oil corporation – have averaged at more than 400 thousand barrels per day in a regular year. With the government’s control put to an end in late 2017, prices are since controlled by the market, and in turn strongly affected by global oil prices. Nevertheless, other factors come into play, such as import tariffs, or transport and logistics costs. In fact, prices also vary across Mexico. In 2023, Guerrero was the state with the highest average gasoline price, while Tamaulipas reported the lowest figure. How does Mexico compare with the rest of Latin America? At an average of 1.4 U.S. dollars per liter, Mexico had one of the highest prices in the region as of June 2023. This figure was above the average gasoline price reported in Latin America at the time. The country's gasoline purchasing power decreased in recent years. In 2023, the average Mexican salary could afford approximately 499 liters of gasoline.
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Mexico Gasoline Price: Premium: Baja California Sur data was reported at 21.769 MXN/l in Jun 2019. This records an increase from the previous number of 21.698 MXN/l for May 2019. Mexico Gasoline Price: Premium: Baja California Sur data is updated monthly, averaging 19.251 MXN/l from Jan 2017 (Median) to Jun 2019, with 30 observations. The data reached an all-time high of 21.769 MXN/l in Jun 2019 and a record low of 17.433 MXN/l in Jul 2017. Mexico Gasoline Price: Premium: Baja California Sur data remains active status in CEIC and is reported by Energy Regulatory Commission. The data is categorized under Global Database’s Mexico – Table MX.P002: Gasoline Price.
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Have timely access to reliable Natural Gas price assessments in Mexico:
Each assessment includes Natural Gas 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.
Natural Gas price assessments for Mexico and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
The gas supply in Mexico experienced a Consumer Price Index (CPI) increase of roughly 22.55 percent in July 2024, when compared to the same month of the previous year, indicating a decrease in gas prices. In contrast, the electricity inflation rate in Mexico stood at 5.35 percent that same month.
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Have timely access to reliable Fuel Oil price assessments in Mexico:
Each assessment includes Fuel Oil 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.
Fuel Oil price assessments for Mexico and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Mexico (CPGREN01MXM657N) from Jan 1980 to Dec 2023 about Mexico, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
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Have timely access to reliable Nitrogen Gas price assessments in Mexico:
Each assessment includes Nitrogen Gas price history for the past 10 years, current prices, and short-term forecasts. Cost assessments can be accessed through online charts, an Excel Add-In and API. Free previews for all assessments are available at Intratec website.
Nitrogen Gas price assessments for Mexico and up to 32 other countries are part of Intratec Industry Economics Worldwide. Subscribe and access now key factors impacting the costs of commodity manufacturing operations in strategic countries.
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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.
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Bensinprisene i Mexico økte til 1,19 USD/liter i februar fra 1,17 USD/liter i januar 2025. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Mexico - Bensinpriser.
Mexico's retail price for diesel fuel reached 1.13 U.S. dollars per liter in 2022. After two years of continual increase, this was the highest price recorded in the Latin American country since the turn of the century. Despite some oscillation in recent years, Mexico's diesel prices have net increased for the past two decades.
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Mexico MX: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.720 USD in 2016. This records a decrease from the previous number of 1.020 USD for 2014. Mexico MX: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.495 USD from Dec 1992 (Median) to 2016, with 12 observations. The data reached an all-time high of 1.020 USD in 2014 and a record low of 0.250 USD in 1995. Mexico MX: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Transportation. 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.; ; German Agency for International Cooperation (GIZ).; Median;
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Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Mexico (CPGREN01MXQ659N) from Q1 1980 to Q2 2024 about Mexico, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
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Statistics illustrates consumption, production, prices, and trade of Gas and Smoke Analysers in Mexico from Jan 2019 to Jan 2025.
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Statistics illustrates consumption, production, prices, and trade of Gas and Smoke Analysers in Mexico from 2007 to 2024.
As of June 2023, Uruguay reported one of the highest gasoline prices in Latin America and the Caribbean, with an average price of 1.83 U.S. dollars per liter. People in Chile had to pay some 1.58 U.S. dollars per liter at the time, which was the second-highest price in the region.
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Statistics illustrates consumption, production, prices, and trade of Gas Supply or Production Meters in Mexico from 2007 to 2024.
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The size of the Mexico Oil and Gas Upstream Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 1.00% during the forecast period. The transformation that is taking place in the upstream market of Mexican oil and gas is significant, due to reforms initiated by the government and increasing investment in the exploration and production activities. Since there are sizeable reserves in both conventional and unconventional resources, investment by foreign companies into the oil and gas sector is becoming a remarkable opportunity for this country. Several factors are driving the expansion of this market, including the energy reforms made by the Mexican government to open up the industry to private and foreign firms to break the state-owned Pemex monopoly. These reforms encouraged the country to opt for international partnerships and joint ventures with new technology and expertise for the exploration and production of reserve sources. New oil fields and the possible shale gas reserves in the country are attracting much attention worldwide, with major global oil companies looking for their share of participation. Governments are also endeavoring to promote competitive bidding processes for the exploration blocks to avail opportunities to local as well as external market players. Key challenges that the industry will face include regulatory complexity, fluctuating oil prices in the global market, and enormous investment requirements to refurbish the infrastructure and technology. The perspective about the Mexico oil and gas upstream market is optimistic and continues to invest in and develops the country's upstream activities to expand production capacity and ensure adequate supply and security for this country. Key drivers for this market are: 4., Increasing Gas Production and Infrastructure4.; Increasing Exploration and Production Activities. Potential restraints include: 4., Increasing Adoption of Clean Power Sources. Notable trends are: Offshore Segment to Dominate the Market.
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The Mexican liquefied petroleum gas (LPG) market surged to $4.6B in 2024, increasing by 16% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Liquefied petroleum gas (LPG) consumption peaked at $4.9B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
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In 2023, the Mexican gas and smoke analyser market decreased by -20.1% to $234M, falling for the third consecutive year after two years of growth. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $783M. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.
Gas stations in the state of Guerrero have the highest average price of regular gasoline across Mexico, at over 20 Mexican pesos per liter as of November 2023. Gasoline in the capital Mexico City was also above the national average, at nearly 19.9 pesos per liter. Meanwhile, Tamaulipas – in the Gulf of Mexico coast – reported the lowest average price in the Latin American country, at less than 16.9 pesos per liter.