In Italy, the overall cost of natural gas was for vulnerable protected customers was approximately *** euro cents per cubic meter in May 2025. The price of the raw material made up over ** percent of the total natural gas expenditure of an Italian domestic consumer in the Vulnerable Protection Service. The cost of natural gas peaked in December 2022, when it reached *** euro cents per cubic meter. Both taxes and transportation and gas meter management costs increased towards the end of 2023 and 2024. Until April 2023, system charges were reduced by the Italian government and contributed to make the total natural gas price less burdensome for domestic consumers.

Natural gas fell to 3.25 USD/MMBtu on July 22, 2025, down 2.13% from the previous day. Over the past month, Natural gas's price has fallen 14.59%, but it is still 48.80% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

This table shows the average prices paid for natural gas and electricity. The total prices represent the sum of energy supply prices and network prices.

The total price is the price paid by an end-user, for instance a household or an industrial company consuming energy in their production process. Natural gas used for non-energy purposes or for electricity generation is excluded from the data.

The price cap set by the Dutch government for 2023 has now been incorporated into the prices.

Data available from: 1st semester of 2009

Status of the figures: The figures in this table are provisional for the two most recent semesters, and the annual figures follow the status of the second semester of the relevant reporting year. The remaining figures are final.

Changes as of March 28: Figures for the second half of 2024 have been added.

When will new figures be published? New provisional figures will be published three months after the semesters end, at the end of September and at the end of March.

Algeria Export Price: Natural Gas: Cubic Meter data was reported at 342.900 USD/Cub m in Mar 2024. This records a decrease from the previous number of 464.700 USD/Cub m for Dec 2023. Algeria Export Price: Natural Gas: Cubic Meter data is updated quarterly, averaging 279.800 USD/Cub m from Mar 2007 (Median) to Mar 2024, with 69 observations. The data reached an all-time high of 762.800 USD/Cub m in Dec 2022 and a record low of 147.500 USD/Cub m in Jun 2016. Algeria Export Price: Natural Gas: Cubic Meter data remains active status in CEIC and is reported by General Directorate of Customs. The data is categorized under Global Database’s Algeria – Table DZ.P002: Export Price of Hydrocarbon.

TTF Gas fell to 32.37 EUR/MWh on July 24, 2025, down 1.76% from the previous day. Over the past month, TTF Gas's price has fallen 8.56%, but it is still 1.12% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on July of 2025.

In Italy, the regulated market price of natural gas for households with an average annual consumption of ***** cubic meters boomed at *** euro cents per cubic meter in the first quarter of 2022, after the cut-off of natural gas exports from Russia. The Italian government ended the gas regulated market at the end of 2023. The price for 2024 refers to an average annual consumption of ***** cubic meters in the vulnerability protection service. Natural gas price trends The natural gas price started to increase in 2021, when the natural gas consumption worldwide and in Italy increased compared to 2020 due to the economic recovery after the COVID-19 crisis. In 2022, Italy was strongly hit by the energy crisis, since Russia was one of the main natural gas suppliers to this country, providing around ** percent of the total natural gas imports. Impact of natural gas on electricity prices in Italy Natural gas is the main source of electricity in Italy. For this reason, the electricity price for average household consumers in Italy increased along with the natural gas price, reaching a record of over ** euro cents per kilowatt-hour in the fourth quarter of 2022.

Winter natural gas prices in the United States are forecast to see a notable increase in 2022/23. U.S. consumers are expected to pay an average of 15.95 U.S. dollars per thousand cubic feet of natural gas. This would mean an increase of over two U.S. dollars and comes in the wake of many countries and regions currently embattled in an energy supply shortage.

Algeria Export Price: Annual: Natural Gas: Cubic Meter data was reported at 1,895.900 USD/Cub m in 2023. This records an increase from the previous number of 536.800 USD/Cub m for 2022. Algeria Export Price: Annual: Natural Gas: Cubic Meter data is updated yearly, averaging 241.600 USD/Cub m from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 1,895.900 USD/Cub m in 2023 and a record low of 92.100 USD/Cub m in 2002. Algeria Export Price: Annual: Natural Gas: Cubic Meter data remains active status in CEIC and is reported by General Directorate of Customs. The data is categorized under Global Database’s Algeria – Table DZ.P002: Export Price of Hydrocarbon.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

Netherlands Natural Gas Price: Delivery: Households: excl VAT and Taxes: Above 5 687 m3 data was reported at 0.515 EUR/Cub m in Dec 2024. This records a decrease from the previous number of 0.551 EUR/Cub m for Jun 2024. Netherlands Natural Gas Price: Delivery: Households: excl VAT and Taxes: Above 5 687 m3 data is updated semiannually, averaging 0.334 EUR/Cub m from Jun 2009 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 1.280 EUR/Cub m in Jun 2023 and a record low of 0.231 EUR/Cub m in Jun 2021. Netherlands Natural Gas Price: Delivery: Households: excl VAT and Taxes: Above 5 687 m3 data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.P001: Natural Gas Price.

Natural gas prices are the highest in the residential sector. In 2024, U.S. households paid 14.59 U.S. dollars per 1,000 cubic feet, down from an all-time high of over 15.2 U.S. dollars per 1,000 cubic feet. Overall, U.S. residential natural gas prices have increased nearly tenfold since 1975. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around three U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. The growing natural gas market U.S. natural gas consumption has increased more than any other fuel after the U.S. oil boom of the 2010s. Petroleum consumption has been more variable, and use of coal has significantly decreased. Today, natural gas is used extensively for electric power generation, with it having overtaken coal as the primary electricity generating source. This is despite coal prices being a lot less volatile and generally lower than natural gas.

UK Gas fell to 78.09 GBp/thm on July 24, 2025, down 0.60% from the previous day. Over the past month, UK Gas's price has fallen 5.55%, but it is still 4.83% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on July of 2025.

Algeria Export Price: Liquefied Natural Gas: Cubic Meter data was reported at 342.900 USD/Cub m in Mar 2024. This records an increase from the previous number of 245.300 USD/Cub m for Dec 2023. Algeria Export Price: Liquefied Natural Gas: Cubic Meter data is updated quarterly, averaging 185.900 USD/Cub m from Mar 2007 (Median) to Mar 2024, with 69 observations. The data reached an all-time high of 483.100 USD/Cub m in Sep 2022 and a record low of 80.700 USD/Cub m in Mar 2020. Algeria Export Price: Liquefied Natural Gas: Cubic Meter data remains active status in CEIC and is reported by General Directorate of Customs. The data is categorized under Global Database’s Algeria – Table DZ.P002: Export Price of Hydrocarbon.

Netherlands Natural Gas Price: Delivery: Non-Households: incl VAT and Taxes: 28 433 to 284 333 m3 data was reported at 1.352 EUR/Cub m in Dec 2024. This records an increase from the previous number of 1.347 EUR/Cub m for Jun 2024. Netherlands Natural Gas Price: Delivery: Non-Households: incl VAT and Taxes: 28 433 to 284 333 m3 data is updated semiannually, averaging 0.635 EUR/Cub m from Jun 2009 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 1.546 EUR/Cub m in Jun 2023 and a record low of 0.506 EUR/Cub m in Jun 2010. Netherlands Natural Gas Price: Delivery: Non-Households: incl VAT and Taxes: 28 433 to 284 333 m3 data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.P001: Natural Gas Price.

In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data was reported at 3.630 RMB/Cub m in Mar 2025. This records a decrease from the previous number of 3.640 RMB/Cub m for Feb 2025. China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data is updated monthly, averaging 3.120 RMB/Cub m from Jan 2007 (Median) to Mar 2025, with 219 observations. The data reached an all-time high of 3.670 RMB/Cub m in Aug 2015 and a record low of 1.990 RMB/Cub m in Mar 2007. China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.

The natural gas prices for household consumers have slightly increased in Romania in the first half of 2024. The price for natural gas that household consumers were paying in the first semester of 2023 the price has increased by six percent compared to the same semester of the following year, the average price for household consumers in 2022 reached 12.65 euro cents per kilowatt-hour. However, in 2024, the prices dropped considerably, reaching a price of 5.81 euro cents in the first half of 2024.

Germany - Gas prices: Medium size households was EUR33.28 Gigajoule (gross calorific value - GCV) in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Gas prices: Medium size households - last updated from the EUROSTAT on July of 2025. Historically, Germany - Gas prices: Medium size households reached a record high of EUR34.15 Gigajoule (gross calorific value - GCV) in December of 2023 and a record low of EUR15.70 Gigajoule (gross calorific value - GCV) in December of 2010.

In 2024, the industrial natural gas price in the United States was 3.93 U.S. dollars per thousand cubic feet. This was a decrease compared to the previous year. In 2008, the U.S. price of natural gas for industry peaked at 9.65 U.S. dollars per thousand cubic feet as a result of the Great Recession. Despite the increase in natural gas prices for the industry sector in recent years, natural gas prices for other sectors were much higher. Regional price variations across U.S. hubs Natural gas prices can vary significantly across different regions of the United States. In 2024, the Waha trading hub in the Permian basin recorded the lowest spot prices due to its proximity to productive oil and gas wells and limited pipeline capacity. Meanwhile, the Henry Hub, which serves as the U.S. natural gas benchmark, averaged 2.2 U.S. dollars per million British thermal units in 2024. Looking ahead, forecasts suggest that Henry Hub prices could more than double by 2026, driven by increased demand. Industry natural gas prices around the world Switzerland has some of the highest natural gas prices for the industrial sector. U.S. prices are especially low in comparison to European countries, which rely on imports. U.S. industrial natural gas consumers paid around one fourth of the price paid by Swiss consumers.

Graph and download economic data for Global price of LNG, Asia (PNGASJPUSDM) from Jan 1992 to Jun 2025 about Asia, World, and price.