Diesel fuel prices in Latvia increased by ** euro cents per liter in the period of consideration, despite some fluctuation. Between 2004 and 2021, figures peaked at **** euros in 2015. The lowest average diesel price was seen in 2004, at ** euro cents per liter. By 2021, diesel was sold by an average of **** euros per liter.

Latvia LV: Pump Price for Diesel Fuel: USD per Liter data was reported at 1.070 USD in 2016. This records a decrease from the previous number of 1.490 USD for 2014. Latvia LV: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 1.070 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.770 USD in 2012 and a record low of 0.340 USD in 1995. Latvia LV: 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 Latvia – Table LV.World Bank: 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;

Gasoline Prices in Latvia decreased to 1.82 USD/Liter in July from 1.83 USD/Liter in June of 2025. This dataset provides the latest reported value for - Latvia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Latvia Average Retail Price: Diesel Fuel data was reported at 10.450 EUR/10 l in 2017. This records an increase from the previous number of 9.500 EUR/10 l for 2016. Latvia Average Retail Price: Diesel Fuel data is updated yearly, averaging 8.850 EUR/10 l from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 13.590 EUR/10 l in 2012 and a record low of 3.410 EUR/10 l in 1997. Latvia Average Retail Price: Diesel Fuel data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.P001: Average Retail Price.

Diesel price of Latvia plummeted by 28.19% from 1.49 US dollars per liter in 2014 to 1.07 US dollars per liter in 2016. Since the 18.79% surge in 2012, diesel price sank by 39.55% in 2016. 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.

Latvia: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 1.07 dollars, a decline from 1.49 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Latvia from 1995 to 2016 is 1 dollars. The minimum value, 0.34 dollars, was reached in 1995 while the maximum of 1.77 dollars was recorded in 2012.

Euro 95 and Diesel fuel prices in Latvia(LV) from 2005 to 2025, including weekly and annual averages.

Statistics illustrates prices of diesel engines (other than for motor vehicles and aircraft) in Latvia from 2007 to 2024.

Latvia - Harmonised index of consumer prices (HICP): Diesel was 135.22 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Latvia - Harmonised index of consumer prices (HICP): Diesel - last updated from the EUROSTAT on July of 2025. Historically, Latvia - Harmonised index of consumer prices (HICP): Diesel reached a record high of 189.37 points in June of 2022 and a record low of 82.54 points in February of 2016.

Fuel wholesalers have come up against hugely volatile markets in recent years. The COVID-19 outbreak and subsequent travel restrictions and lockdowns led to a standstill in global transport activity, driving a sharp drop in fuel prices and sales in 2020. Air passenger numbers tanked by 73% in the EU in 2020, according to the European Commission, driving a sharp drop off in demand for jet fuel. OPEC+ manipulates world crude oil prices by adjusting production quotas and collaborating with other producers. OPEC+ worked to cut production in early 2021 to raise prices back to their pre-pandemic level, which gave fuel wholesalers a big boost. Then, Russia’s invasion of Ukraine led to a string of sanctions being placed on Russia by the EU and other Western nations, including the UK. Bans on Russian fuel exports drove prices and wholesalers’ revenue through the roof. For example, according to vehicle insurer RAC, the average price of unleaded in the UK shot up by 23.8% between 2021 and 2022. Over the five years through 2024, fuel wholesalers’ revenue is forecast to fall at a compound annual rate of 3.8% to reach €1.1 trillion, including an expected 5.8% tumble in 2024 as supply cuts push prices up. Rising levels of environmental awareness will encourage fuel wholesalers to stock a growing range of low-carbon fuel options like biofuels and hydrogen (when they become more financially viable) in the future. In many European countries, the push to decarbonise transport is accelerating, with electric vehicles gaining ground on petrol vehicles, having already surpassed the market share of diesel vehicles in terms of new car registrations. The long-term fall in investment in oil and gas will also push up prices. Over the five years through 2029, revenue is anticipated to fall at a compound annual rate of 1.3% to reach €1.2 trillion.

Latvia Consumer Price Index (CPI): Weights: Transport: Operation of Personal Transport Equipment: Fuel: Diesel data was reported at 3.600 Per 100 in 2025. This records an increase from the previous number of 3.500 Per 100 for 2024. Latvia Consumer Price Index (CPI): Weights: Transport: Operation of Personal Transport Equipment: Fuel: Diesel data is updated yearly, averaging 3.100 Per 100 from Dec 2015 (Median) to 2025, with 11 observations. The data reached an all-time high of 3.800 Per 100 in 2023 and a record low of 2.500 Per 100 in 2016. Latvia Consumer Price Index (CPI): Weights: Transport: Operation of Personal Transport Equipment: Fuel: Diesel data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.I011: Consumer Price Index: Weights.

Automotive fuel retailers' revenue is forecast to sink at a compound annual rate of 5.3% to €316.6 billion over the five years through 2024. Retailers have endured a challenging and volatile period, including the shocks to oil prices amid the COVID-19 outbreak and Russia-Ukraine conflict, as well as having to contend with intense competition from supermarkets and growing environmental concerns. Rising numbers of individuals are seeking ultra-low emission vehicles like electric vehicles or are cutting their car usage overall and opting for public transport alternatives. Legislative changes like adopting low-emission zones in European city centres and prospective bans on the sale of new petrol and diesel cars are also driving electric vehicle adoption. Petrol stations are restructuring in the face of soaring competition, boosting investment in new technology and cleaner fuel options. The COVID-19 outbreak led to widespread bans on non-essential travel across Europe, with fuel demand plummeting in 2020. The easing of restrictions supported a strong recovery in fuel sales in 2021. Following its invasion of Ukraine in February 2022, Russia has faced severe sanctions on its oil exports, with supply concerns pushing up the price of oil to sky-high levels, which has trickled down to the price at the pump. Fuel retailers' revenue has significantly benefitted from fuel price inflation, although the extortionate purchase prices threaten profitability. While remaining high, fuel prices are likely to edge downwards in 2024, leading to an expected 3.8% dip in revenue. Petrol and diesel-fuelled cars will lose out to ultra-low emission vehicles over the next decade, with a series of legislation across European countries aimed at disincentivising or banning the sale of new petrol and diesel cars in the coming years. Fuel retailers that can adapt to the changing landscape by investing in electric vehicle charging infrastructure or integrating convenience stores into their stations will fare well. Over the five years through 2029, fuel retailers’ revenue is forecast to grow at a compound annual rate of 2.2% to reach €353.9 billion.

Petroleum refiners sell a variety of derivative products with wide usages across many different industries. Despite this strong level of diversification, refineries suffered greatly from global dips in demand for transport following the COVID-19 outbreak. Stay-at-home orders and closures of non-essential business in many European countries led to a sharp drop in demand for petrol, diesel and jet fuel as many car, ship and plane journeys came to a halt. Russia’s invasion of Ukraine led to many European countries announcing they would wean themselves off Russian oil, causing a substantial and sustained rise in oil prices. These strong oil prices paved the way for a significant rebound in revenue for petroleum refiners. Despite this, oil price inflation has raised the operating costs for many downstream businesses, leading to many cutting consumption and switching to renewable sources of energy, as shown by the rising uptake of electric vehicles in countries like Norway and the Netherlands. Over the five years through 2024, European petroleum refineries’ revenue is anticipated to slump at a compound annual rate of 7.2% to €620.3 billion, including a projected contraction of 23.1% in 2024. The profitability of petroleum refineries is somewhat insulated by vertical integration with crude oil extractors, which adds stability to purchase costs. Passing on additional cost increases to their customers is another key way to maintain a healthy margin. Over the five years through 2029, petroleum refineries’ revenue is forecast to climb at a compound annual rate of 3.6% to reach €739.4 billion, supported by an uptick in European construction and manufacturing after being constrained for multiple years due to strong economic headwinds. Long-term revenue prospects are set to deteriorate as the push for decarbonisation in many economies will see petroleum-derived products being phased out in favour of low-carbon options.

Latvia Consumer Price Index (CPI): 2015=100: Transport: Operation of Personal Transport Equipment: Fuel: Diesel data was reported at 118.900 2015=100 in Oct 2018. This records an increase from the previous number of 115.400 2015=100 for Sep 2018. Latvia Consumer Price Index (CPI): 2015=100: Transport: Operation of Personal Transport Equipment: Fuel: Diesel data is updated monthly, averaging 98.500 2015=100 from Jan 2015 (Median) to Oct 2018, with 46 observations. The data reached an all-time high of 118.900 2015=100 in Oct 2018 and a record low of 82.500 2015=100 in Feb 2016. Latvia Consumer Price Index (CPI): 2015=100: Transport: Operation of Personal Transport Equipment: Fuel: Diesel data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.I005: Consumer Price Index: 2015=100.

After three years of growth, the Latvian diesel-electric locomotive market decreased by -4.3% to $1.6M in 2024. Overall, consumption showed a strong increase. As a result, consumption attained the peak level of $9.4M. From 2016 to 2024, the growth of the market remained at a lower figure.

Lettonie: Diesel prices at the pump, in dollars per liter: Pour cet indicateur, The German Agency for International Cooperation fournit des données pour la Lettonie de 1995 à 2016. La valeur moyenne pour Lettonie pendant cette période était de 1 dollars avec un minimum de 0.34 dollars en 1995 et un maximum de 1.77 dollars en 2012.

The fuel retail sector is facing an uncertain future in Europe. The EU commission is in talks to ban fossil fuel cars in the medium to long term, owing to the growing environmental hazardous and to achieve their aim of zero greenhouse gas emissions by 2050. As a result, revenues of the fuel retail sector are experiencing a decline in majority of the European nations, including Czechia, Norway and Finland to name a few. The situation is no different in Latvia, with revenues projected to decline from 1.4 billion U.S. dollars in 2012 to 1.1 billion U.S. dollars by 2023. Additionally, the rising prices of fossil fuels such as gasoline and diesel have not augured well for the sector, resulting in a falling consumer demand. The growth of the electric and hybrid vehicle market is set to further impact the industry in the medium to long term. Apart from being eco-friendly, the fuel costs for hybrid vehicles are far lower. The government is offering various benefits on electric vehicles such as subsidies on vehicle operating tax and free parking in various parking lots across the country. Experts predict that the number of electric vehicles in the country will exceed 36,000 by 2030.

LV：柴油零售价：美元/公升在12-01-2016达1.070美元，相较于12-01-2014的1.490美元有所下降。LV：柴油零售价：美元/公升数据按年更新，12-01-1995至12-01-2016期间平均值为1.070美元，共11份观测结果。该数据的历史最高值出现于12-01-2012，达1.770美元，而历史最低值则出现于12-01-1995，为0.340美元。CEIC提供的LV：柴油零售价：美元/公升数据处于定期更新的状态，数据来源于World Bank，数据归类于Global Database的拉脱维亚 – 表 LV.世界银行：交通。

平均零售价格：柴油在12-01-2017达10.450EUR/10 l，相较于12-01-2016的9.500EUR/10 l有所增长。平均零售价格：柴油数据按年更新，12-01-1997至12-01-2017期间平均值为8.850EUR/10 l，共21份观测结果。该数据的历史最高值出现于12-01-2012，达13.590EUR/10 l，而历史最低值则出现于12-01-1997，为3.410EUR/10 l。CEIC提供的平均零售价格：柴油数据处于定期更新的状态，数据来源于Latvijas Statistika，数据归类于Global Database的拉脱维亚 – 表 LV.P001：平均零售价格。

ラトビアのディーゼル燃料の店頭価格の統計データです。最新の2016年の数値「1.07(ドル/1L)」を含む1995～2016年までの推移表や他国との比較情報を無料で公開しています。csv形式でのダウンロードも可能でEXCELでも開けますので、研究や分析レポートにお役立て下さい。