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.

United States - Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast was 2.33800 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast reached a record high of 3.37400 in January of 2022 and a record low of 0.40300 in January 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 July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Jet Fuel (WPU05720301) from Feb 1973 to May 2025 about fuels, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast was 1.92800 $ per Gallon in May 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 4.12000 in June of 2022 and a record low of 0.30400 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 July of 2025.

Graph and download economic data for Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast (DJFUELUSGULF) from 1990-04-02 to 2025-07-07 about kerosene, fuels, commodities, and USA.

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.

This statistic represents the sales price of aviation fuel to end-users in the United States between 1990 and 2014. The average price of jet fuel kerosene stood at around 90 US cents per gallon in 2000.

The Wholesale Price Index of aviation turbine fuel across India during financial year 2024 was 158.6. The price index value of turbine fuel increased by about 88 percent from the base year of 2012. An overall increase in the price index was seen over the years from financial year 2013 in the country.

The Jet Fuel Market Report is Segmented Into Fuel Type (Jet A, Jet A-1, Jet B, and Others), Application (Commercial Aviation, Defense Aviation, and General Aviation), Distribution Channel (Into-Plane and Bulk Supply To Fixed-Base Operators), and Geography (North America, Asia-Pacific, Europe, South America, and Middle East and Africa). The Market Size and Forecast are Provided in Terms of Value (USD).

This dataset describes the individual fuel purchases, by Region or Group, made for Transport Canada’s fleet of aircraft. Details provided include the city where the fuel was purchased, the supplier, volume, purchase price, and the method of payment used.

Interactive weekly chart and 35 years of historical data from 1990 to 2025.

Fuel costs are a significant but highly variable expense for airlines worldwide, specifically in recent years due to rising energy prices. As of 2023, the share of fuel cost in overall airline companies' spending was estimated to reach ** percent.

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).

The global jet fuel market, valued at $175.76 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 11.07% from 2025 to 2033. This expansion is fueled primarily by the resurgence of air travel post-pandemic, coupled with the increasing demand for air freight and the expansion of low-cost carrier operations globally. Growth in emerging economies, particularly in Asia-Pacific, is significantly contributing to this market expansion. The increasing adoption of more fuel-efficient aircraft technologies, while mitigating some environmental concerns, also presents a significant growth opportunity. However, fluctuating crude oil prices represent a key restraining factor, impacting profitability and potentially influencing investment decisions within the industry. Furthermore, ongoing global efforts to reduce carbon emissions and the increasing adoption of Sustainable Aviation Fuels (SAFs) will shape the market landscape in the coming years. Segmentation by fuel type (Jet A, Jet A1, Jet B) reflects varying demands based on aircraft engine specifications and operational contexts. Similarly, application segments – commercial, defense, and general aviation – illustrate the diverse sectors driving market demand, with commercial aviation holding the largest share. Key players, including ExxonMobil, Shell, TotalEnergies, Chevron, and BP, along with regional players, are actively competing to meet the growing demand for jet fuel, often strategically expanding their refining capabilities and exploring sustainable fuel options. The regional distribution of the jet fuel market reveals significant variations. North America and Europe currently hold substantial shares due to established air travel networks and robust economies. However, the Asia-Pacific region is anticipated to exhibit the fastest growth rate over the forecast period, driven by rising disposable incomes, increasing air passenger numbers, and significant investments in airport infrastructure. The Middle East and Africa, while currently holding a smaller market share, present considerable growth potential tied to expanding tourism and airline industries. South America shows moderate growth prospects, contingent upon economic conditions and infrastructural development. The competitive landscape is characterized by both large multinational oil companies and regional players focusing on both supply chain efficiency and product diversification, including the exploration of SAFs to meet sustainability goals and regulatory requirements. This dynamic interplay of factors will continue to shape the jet fuel market's trajectory throughout the forecast period. Recent developments include: April 2023: Indian Oil Corporation intends to form a joint venture with US-based clean energy technology company LanzaJet Inc and numerous domestic airlines to produce sustainable aviation fuel (SAF). At USD 366 million, the proposed business will establish a factory to manufacture SAF using alcohol-to-jet technology at the state-run company's Panipat refinery in Haryana., March 2023: NREL regional analysis can aid in accelerating the production and delivery of sustainable aviation fuel. Sustainable aviation fuel (SAF), made from nonpetroleum sources such as trash and biomass, can reduce aviation greenhouse gas (GHG) emissions by 50% or more than fossil-derived jet fuel.. Key drivers for this market are: 4., The Increasing Number of Air Passengers4.; Increasing use of Aircraft in Defence Sector. Potential restraints include: 4., The Increasing Number of Air Passengers4.; Increasing use of Aircraft in Defence Sector. Notable trends are: The Commercial Segment to Dominate the Market.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Jet Fuel was 201.20000 Index 1982=100 in December of 2018, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Jet Fuel reached a record high of 387.00000 in July of 2008 and a record low of 36.50000 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Jet Fuel - last updated from the United States Federal Reserve on July of 2025.

The North American Jet Kerosene market witnessed notable volatility during Q1 2025, with the United States being the most significantly impacted region. According to data released by the Bureau of Transportation Statistics (BTS), U.S. scheduled service airlines consumed 1.453 billion gallons of fuel in January 2025, reflecting an 8.9% decrease compared to December 2024 (1.594 billion gallons) and a 0.6% decline from January 2020, pre-pandemic levels.

In the fiscal year of 2023, Air Canada paid nearly 112 Canadian cents for each liter of jet fuel, down from 130 cents paid for per liter of fuel in the previous year. In the period of consideration, 130 Canadian cents was the highest average fuel cost paid by the airline company.

The global market size of Jet Fuel is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Jet Fuel Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Jet Fuel industry. The key insights of the report:
1.The report provides key statistics on the market status of the Jet Fuel manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Jet Fuel industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Jet Fuel Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Jet Fuel as well as some small players. At least 18 companies are included:
* Air BP
* Chevron
* Exide
* Exxon Mobil
* Gazprom
* Shell
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Jet Fuel market
* Jet A
* Jet A-1
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Civil
* Military

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

United States - Producer Price Index by Industry: Petroleum Refineries: Jet Fuel (DISCONTINUED) was 242.00000 Index Jun 1985=100 in December of 2017, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Jet Fuel (DISCONTINUED) reached a record high of 509.40000 in July of 2008 and a record low of 45.90000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Jet Fuel (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

The global jet engine fuel market is experiencing robust growth, driven by the burgeoning aviation industry and increasing air travel demand. While precise market size figures for 2019-2024 are unavailable, extrapolating from available data and considering the typical growth trajectory of this sector, we can estimate the 2025 market size to be approximately $150 billion USD. This substantial market is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033. This growth is fueled by several key factors: the expansion of low-cost carriers, the rise of air freight, and increasing tourism. Further propelling growth are advancements in sustainable aviation fuel (SAF) production, such as biofuels and synthetic fuels, which are addressing environmental concerns associated with traditional jet fuel. Segment-wise, kerosene fuel currently dominates the market, but naphtha-based alternatives and diverse applications across commercial, military, and civil aviation sectors contribute to the market’s complexity and growth potential. However, challenges remain. Fluctuating crude oil prices pose a significant risk, impacting jet fuel costs and airline profitability. Stringent environmental regulations and the push for carbon emission reduction necessitate significant investment in SAF technologies and infrastructure. Geopolitical instability and regional conflicts can also disrupt supply chains and fuel price stability, thus influencing market growth patterns. The competitive landscape is characterized by major oil and gas companies alongside emerging SAF producers. These players are continuously striving for technological innovation and strategic partnerships to gain a larger market share, leading to a dynamic and evolving market scenario. This in-depth report provides a comprehensive analysis of the global jet engine fuel market, projecting a value exceeding $200 billion by 2030. It delves into market dynamics, key players, and future trends, offering invaluable insights for industry stakeholders. The report utilizes rigorous data analysis and expert forecasts to provide a clear and actionable overview of this vital sector. High-search-volume keywords like "aviation fuel market," "sustainable aviation fuel," "jet fuel prices," and "kerosene fuel market" are strategically incorporated to maximize search engine visibility.