Graph and download economic data for Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast (WJFUELUSGULF) from 1990-04-06 to 2025-11-14 about kerosene, fuels, commodities, and USA.

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 2.15400 $ per Gallon in October 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 December of 2025.

View market daily updates and historical trends for US Gulf Coast Kerosene-Type Jet Fuel Spot Price. Source: Energy Information Administration. Track econ…

Jet fuel prices worldwide were forecast to average 86 U.S. dollars per barrel in 2025, marking a decrease from the previous year's 99 dollars per barrel.

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).

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Jet Fuel (WPU057203) from Jan 1975 to Sep 2025 about fuels, commodities, PPI, inflation, price index, indexes, price, and USA.

View monthly updates and historical trends for US Airline Fuel Cost. from United States. Source: Bureau of Transportation Statistics. Track economic data …

Market Overview and Growth Drivers: The global jet fuel market is valued at $175.76 million, projected to expand at a robust CAGR of 11.07% during 2025-2033. This growth is predominantly driven by the resurgence of the aviation industry post-COVID-19. Increasing air travel demand, particularly for leisure and business purposes, is fueling the demand for jet fuel. Moreover, ongoing geopolitical tensions and the expanding defense sector are contributing to the market growth. Key Market Trends and Restraints: The jet fuel market is segmented into fuel types (Jet A, Jet A1, Jet B) and applications (commercial, defense, general aviation). Commercial aviation dominates the market, with growing passenger traffic and the introduction of new aircraft. The defense sector is expected to exhibit significant growth due to increased military spending and aircraft modernization programs. However, the market faces certain restraints, including fluctuating crude oil prices and environmental concerns related to carbon emissions from air travel. 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.

U.S. Gulf Coast Jet Fuel Prices - Historical chart and current data through 2025.

Fuel costs are a significant but highly variable expense for airlines worldwide, specifically in recent years due to rising energy prices. As of 2024, the share of fuel cost in overall airline companies' spending was estimated to reach ** percent.

The global jet fuel market is projected to reach a value of USD 271.87 billion by 2033, exhibiting a CAGR of 4.67% during the forecast period (2025-2033). The growth in air travel and the increasing demand for jet fuel from commercial airlines are key drivers of the market. The market is segmented by aircraft type (commercial aircraft, military aircraft, business jets, private jets), fuel type (Jet A-1, Jet A, JP-8, JP-5), application (commercial aviation, military aviation, private aviation), and end user (airlines, military, corporations, individuals). North America is expected to account for the largest share of the jet fuel market, followed by Asia Pacific. The growth in the aviation industry in these regions, coupled with the increasing number of air travelers, is expected to drive demand for jet fuel. Key market players in the jet fuel market include BP, PBF Energy, Repsol, Petrobras, TotalEnergies, Sinopec, Phillips 66, Valero Energy, HollyFrontier, Delek US Holdings, Neste, Marathon Petroleum, Chevron, Shell, and ExxonMobil. These companies are investing in research and development to improve the efficiency and sustainability of jet fuel, as well as to expand their global reach. Key drivers for this market are: Sustainable aviation fuel adoption Increased air travel demand Technological advancements in aircraft design Emerging markets growth Digitalization of operations. Potential restraints include: 1 Increasing air travel demand2 Rising fuel prices3 Environmental regulations4 Technological advancements5 Government incentives.

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Aviation Fuel Market Size 2024-2028

The aviation fuel market size is valued to increase USD 109 billion, at a CAGR of 8.55% from 2023 to 2028. Increasing focus on clean aviation fuel will drive the aviation fuel market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% growth during the forecast period.
By End-user - Commercial segment was valued at USD 98.60 billion in 2022
By Product - ATF segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 84.82 billion
Market Future Opportunities: USD 109.00 billion
CAGR : 8.55%
APAC: Largest market in 2022

Market Summary

The market encompasses the production, distribution, and consumption of fuels utilized in aviation industry operations. Key entities in this market include core technologies, such as biofuels and synthetic fuels, and applications, including jet fuel and avgas. Service types or product categories consist of refining, blending, and distribution. Regulatory bodies, like the International Civil Aviation Organization (ICAO), play a significant role in shaping market dynamics through emissions regulations. Currently, the market is experiencing significant evolution. The increasing focus on clean aviation fuel, driven by environmental concerns and regulatory mandates, is a major trend. For instance, biojet fuel accounted for approximately 0.1% of the total jet fuel consumption in 2020, according to the Sustainable Aviation Fuel Users Group.
Another influential factor is the fluctuation in oil and gas prices, which impact the cost structure and profitability of aviation fuel producers. Despite challenges, opportunities for growth persist, particularly in emerging markets and the development of advanced fuel technologies.

What will be the Size of the Aviation Fuel Market during the forecast period?

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How is the Aviation Fuel Market Segmented and what are the key trends of market segmentation?

The aviation fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Commercial
  Military
  Private


Product

  ATF
  Aviation biofuel


Fuel Type

  Jet Fuel (Jet A, Jet A-1, Jet B)
  Aviation Gasoline (Avgas)


Platform

  Fixed-Wing
  Rotorcraft


End-use

  Commercial Airlines
  Cargo Airlines
  Business & General Aviation
  Military


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The commercial segment is estimated to witness significant growth during the forecast period.

The market is experiencing notable expansion due to the burgeoning commercial aircraft industry. Factors such as the rising number of air travelers and increasing disposable income are fueling this growth. In 2023, the commercial segment experienced a significant rebound following the pandemic, with global aviation traffic reaching 94.1% of pre-pandemic (2019) levels. This trend is attributed to the increasing demand for air travel, as evidenced by the traffic in December 2023, which reached 97% of pre-pandemic levels. Fuel distribution networks and storage tank management are crucial aspects of the market. Fuel companies focus on improving cetane number, engine combustion efficiency, and reducing emissions through the use of corrosion inhibitors, emissions reduction technologies, and fuel tanker operations.

The hydrocarbon composition, fuel density measurement, and energy density analysis are essential factors in ensuring optimal fuel performance. Regulations play a significant role in the market, with stringent requirements for fuel quality control, spill prevention measures, and flight efficiency optimization. Fuel blending processes, vapor pressure limits, and jet fuel performance are closely monitored to maintain safety and efficiency. The industry also focuses on reducing carbon footprint through the use of sustainable aviation fuel, nitrogen oxide emissions reduction, and greenhouse gas emissions mitigation. Synthetic fuel synthesis and lubricity enhancement are emerging trends in the market. These advancements aim to improve fuel efficiency and reduce environmental impact.

The market also prioritizes fuel handling safety, with a focus on anti-icing additives and aircraft fuel systems. Pipeline transportation and aviation fuel additives are essential components of the market's infrastructure. In the future, the market is expected to continue its growth trajectory,

The Report Covers Aviation Fuel Market Size & Share and It is Segmented by Fuel Type (Aviation Turbine Fuel (JetA, JetA-1, and JetB), Aviation Biofuel, and AVGAS), End-User (Commercial, Defense, and General Aviation), Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Market Size and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

In Q3 2025, North America Jet Kerosene Price Index in North America showed a mild upward trend during. Check detailed insights for Europe and APAC.

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.

The Jet fuel Market will grow from USD 174.20 Billion in 2025 to USD 282.48 Billion by 2031 at a 8.39% CAGR.

The global jet fuel market is booming, projected to reach [estimated 2033 market size] by 2033, with a CAGR of 11.07%. Discover key drivers, trends, restraints, and leading companies shaping this dynamic industry. Explore regional market shares and fuel type segmentation in this comprehensive analysis. 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.

View weekly updates and historical trends for US Kerosene-Type Jet Fuel Stocks. Source: Energy Information Administration. Track economic data with YChart…

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Jet Fuel was 235.12600 Index 1982=100 in August of 2025, 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 434.97500 in May of 2022 and a record low of 24.70000 in January of 1975. 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 November of 2025.