Graph and download economic data for Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast (WJFUELUSGULF) from 1990-04-06 to 2025-08-29 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 2.24400 $ per Gallon in July 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 September of 2025.

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 Industry: Petroleum Refineries: Jet Fuel (PCU3241103241106) from Jun 1985 to Aug 2025 about jet, refineries, petroleum, fuels, PPI, industry, price index, indexes, price, and USA.

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

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.

The Wholesale Price Index of aviation turbine fuel across India during financial year 2024 was *****. The price index value of turbine fuel increased by about ** 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.

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.

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

Global Jet Fuel market size is expected to reach $259.07 billion by 2029 at 5%, the surging passenger numbers fueling jet fuel market growth

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

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.

In 2021, the estimated average price per barrel of Brent crude oil in the aviation industry amounted to **** euros. In that same year, airlines paid ** percent of the total expenditure on fuel.

Global Jet fuel Market was valued at USD 142.08 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 12.19% through 2029.

The global aircraft jet fuel market is experiencing robust growth, driven by the resurgence of air travel post-pandemic and the increasing demand for air freight. While precise figures for market size and CAGR were not provided, a reasonable estimation, based on industry reports and considering a typical CAGR for this sector of around 4-6%, suggests a 2025 market size of approximately $150 billion USD. This substantial valuation reflects the critical role jet fuel plays in powering the global aviation industry. Key drivers include the expansion of low-cost carriers, rising disposable incomes fueling leisure travel, and the growth of e-commerce driving air freight demand. Emerging trends such as sustainable aviation fuels (SAFs) and advancements in aircraft engine technology are shaping the future of the market. However, restraints like fluctuating crude oil prices, government regulations on emissions, and geopolitical instability pose challenges. The market is segmented by fuel type (conventional vs. SAF), aircraft type, and region, with significant players including Air BP, Chevron, ExxonMobil, Shell, and emerging biofuel producers like Neste Oil and Amyris actively competing in the space. The forecast period (2025-2033) promises further growth, propelled by the continued expansion of air travel and increasing investments in SAF technologies. The market's evolution is closely tied to global economic growth and travel patterns. The post-pandemic recovery is a significant factor, with a projected increase in passenger numbers and cargo volumes contributing to higher jet fuel consumption. The industry is also witnessing a shift toward sustainable practices, with significant investment in SAF research and development. While the transition to SAFs is gradual, it represents a long-term trend that will significantly impact the market landscape in the coming years. Government regulations and incentives are further accelerating the adoption of more sustainable aviation fuels. This dynamic interplay of factors makes the aircraft jet fuel market a complex and exciting arena for analysis and future projections. The integration of SAFs, alongside optimizing conventional fuel supply chains, will be crucial for sustainable growth within the industry.

Why did the Jet Kerosene Price Change in July 2025? Jet Kerosene spot prices in North America remained in a muted pricing environment during Q2 2025, reflecting limited market momentum compared to the same period in 2024.

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.

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).