Jet Fuel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition

Jet Fuel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition

Report Format: PDF+Excel | Report ID: SR112025A40030

Jet Fuel Price Trend, Index and Forecast

Track the latest insights on jet fuel price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Jet Fuel Prices Outlook Q2 2025

  • USA: US$ 2.102/Gallon
  • United Kingdom: US$ 2.036/Gallon
  • Japan: US$ 2.057/Gallon
  • Brazil: US$ 2.114/Gallon
  • Belgium: US$ 2.036/Gallon

Jet Fuel Price Chart

Jet Fuel Price Trend

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During the second quarter of 2025, the jet fuel prices in the USA reached 2.102 USD/Gallon in June. With supply relatively stable and demand outlook deteriorating, jet fuel prices trended lower through Q2. Buyers held off on long-term contracts, expecting further declines. Trump’s steep, wide-ranging tariffs disrupted global trade flows and confidence. These tariffs hit cross-border shipping and supply chains, directly affecting air freight and indirectly undermining business travel demand, reinforcing expectations of weaker fuel consumption. The combination of these factors led to soft spot buying in jet fuel markets, pushing refiners to discount to offload inventories.

During the second quarter of 2025, jet fuel prices in the United Kingdom reached 2.036 USD/Gallon in June. As per the jet fuel price chart, prices in the UK were significantly affected by the implementation of Sustainable Aviation Fuel blending mandate. This policy shift, while numerically modest, carried major cost and supply implications. UK refiners and fuel suppliers passed those costs on to airlines, which in turn nudged jet fuel contract prices up across the board. Some fuel procurement contracts were restructured to accommodate variable SAF costs, breaking with traditional fixed-term pricing models.

During the second quarter of 2025, the jet fuel prices in Japan reached 2.057 USD/Gallon in June. Conventional jet fuel prices in Japan stayed firm, supported by stable kerosene crack spreads and slow progress in SAF deployment. There was no significant shift in blended jet fuel pricing in Q2, as SAF remained a negligible part of total supply due to cost. Moreover, airlines continued to rely on imports of conventional jet fuel or foreign SAF from cheaper sources.

During the second quarter of 2025, the jet fuel prices in Brazil reached 2.114 USD/Gallon in June. Jet fuel prices in Brazil were influenced by Petrobras’s decision to reduce its average jet fuel prices to distributors, starting 1st June. The price reduction came at a time when fuel costs were already under pressure from global crude dynamics. Moreover, carriers operating within Brazil, particularly domestic routes, experienced a drop in fuel expenditure during the latter half of Q2. This helped improve short-term margins, which were squeezed earlier in the quarter by currency depreciation and global oil price volatility.

During the second quarter of 2025, the jet fuel prices in Belgium reached 2.036 USD/Gallon in June. The EU’s tightening biofuel blend requirements affected jet fuel economics. Belgium, aligned with EU mandates and began sourcing higher-cost SAF (sustainable aviation fuel) to meet blend targets. The small but growing SAF share nudged average costs upward, particularly for carriers operating international routes. Besides, refinery maintenance schedules also impacted local supply.

Jet Fuel Prices, Trend, Chart, Demand, Market

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the jet fuel prices.

Global Jet Fuel Price Trend

The report offers a holistic view of the global jet fuel pricing trends in the form of jet fuel price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of jet fuel, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed jet fuel demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Jet Fuel Price Trend

Q2 2025:

As per the jet fuel price index, the announcement of Germany’s draft bill in Q2 added a clear financial penalty to non-compliance with future e-SAF obligations. This shifted sentiment in the spot market. Buyers and sellers began pricing in future regulatory burdens. While this did not drive an immediate spike in jet fuel prices, it nudged forward contract pricing and hedging activity as fuel producers reassessed their cost structures. The immediate market was still driven by seasonal demand recovery, refinery output, and crude oil trends.

This analysis can be extended to include detailed jet fuel price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Jet Fuel Price Trend

Q2 2025:

Jet fuel prices in North America during Q2 2025 were under pressure from several directions. Despite a seasonal rise in airline consumption, prices slid due to ample refinery output, weak oil benchmarks, and disciplined buying. The month-on-month rise in consumption in May did not trigger higher prices because it was countered by a drop in per-gallon cost and stable supply. As a result, overall market tone remained soft, with no pricing breakout even as travel season picked up. 

Specific jet fuel prices and historical data within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Jet Fuel Price Trend

Q2 2025:

The report explores the jet fuel trends and jet fuel price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on jet fuel prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Jet Fuel Price Trend

Q2 2025:

Jet fuel prices in the Asia Pacific region during Q2 2025 were shaped by a muted recovery in demand, particularly due to slower international travel activity out of China and other parts of the region. A key drag was the decline in long-haul international flights, especially outbound travel from China. Consumers in China remained cautious with discretionary spending, and overseas trips were among the first to be scaled back. This sharply reduced the need for jet fuel, particularly the higher volumes associated with long-haul routes. Besides, the additional developments in Indonesia and continued aircraft efficiency gains had a reinforcing effect on the already soft jet fuel market in Asia Pacific. In June 2025, seat capacity on domestic and international flights in Indonesia dropped. This helped extend the price weakness that began earlier in the year, discouraging bullish positioning and keeping jet fuel firmly under pressure across key regional benchmarks.

This jet fuel price analysis can be expanded to include a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Jet Fuel Price Trend

Q2 2025:

As per the jet fuel price index, in Q2 2025, Petrobras’ decision to cut its average jet fuel prices had a direct effect on jet fuel prices across Latin America. Distributors in Brazil adjusted their pricing models accordingly, passing on a portion of the discount to airlines. Domestic jet fuel prices saw a modest but clear drop in June, helping ease cost pressures on carriers that had been dealing with elevated fuel costs earlier in the quarter due to international crude benchmarks and a weaker Brazilian real in April and early May. Countries which rely on fuel imports from or through Brazil, also saw a downstream effect. Some distributors began negotiating new supply contracts or requesting revised pricing from their Brazilian counterparts, leading to slightly lower wholesale jet fuel prices by mid to late June.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Jet Fuel Price Trend, Market Analysis, and News

IMARC's latest publication, “Jet Fuel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the jet fuel market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of jet fuel at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed jet fuel price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting jet fuel pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Jet Fuel Industry Analysis

The global jet fuel market size reached USD 176.7 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 470.5 Billion, at a projected CAGR of 10.20% during 2025-2033.

  • The recovery in international and domestic air travel continues to be one of the most influential drivers for jet fuel demand. Passenger volumes have surged, particularly in Asia-Pacific and North America, for instance, Asia Pacific Airlines handled 31 million international passengers, marking a 19% year-on-year growth in October 2024. Airlines are reinstating previously suspended routes and increasing flight frequencies, which translates into higher consumption of aviation turbine fuel (ATF). The surge in tourism, business travel, and cargo aviation has led refineries to adjust output ratios to produce more jet fuel. Moreover, newer fleets may be more fuel-efficient, but overall fleet utilization has climbed rapidly, offsetting the gains from efficiency. Budget airlines and Middle Eastern carriers expanding long-haul operations are also contributing. This broad-based recovery has reinstated jet fuel as a top priority for refiners and traders alike, with inventories tightening in key hubs like Singapore, Europe, and the U.S. Gulf Coast.
  • Heightened geopolitical tensions and increased defense budgets have led to more frequent military exercises and operations globally. Jet fuel demand from military aviation, fighters, tankers, transport planes, and surveillance aircraft, has seen a measurable uptick. NATO exercises, Indo-Pacific patrols, and increased surveillance over conflict zones have kept defense fleets active. These operations require large volumes of aviation-grade fuel, often procured in advance or under long-term government contracts. While civilian aviation follows seasonal patterns, military demand is more stable and often ramps up during geopolitical flashpoints, providing a reliable floor for consumption. In addition, many countries have increased investment in air mobility for humanitarian aid and disaster response, further supporting fuel use. Unlike commercial aviation, military aircraft are less influenced by carbon policy pressures in the short term, allowing their demand to remain more insulated and stable. This segment’s impact is especially significant in North America, the Middle East, and parts of Eastern Europe.
  • E-commerce growth has fueled a persistent rise in cross-border air freight. Companies like Amazon, FedEx, DHL, and UPS have increased flight operations, including overnight logistics routes that require high frequency and reliability. Major shipping delays in maritime transport during recent disruptions (like Red Sea or Panama Canal chokepoints) have also pushed businesses toward air cargo as a backup. This modal shift boosts demand for freighters and converted passenger aircraft operating as cargo carriers. High-value goods, pharmaceuticals, and perishables continue to rely on air freight regardless of economic cycles. On top of that, Europe, Asia, and North America routes remain busy, supporting refueling hubs in places like Anchorage, Dubai, and Hong Kong. Cargo-specific airports have also reported record jet fuel draws, pointing to structural strength in this segment beyond pandemic-related trends.

Jet Fuel News

The report covers the latest developments, updates, and trends impacting the global jet fuel industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in jet fuel production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the jet fuel price trend.

Latest developments in the Jet Fuel industry:

  • July 2025: LanzaJet is prepared to launch a groundbreaking facility to reshape the global aviation fuel market. LanzaJet’s $200 million plant in rural Soperton, Georgia is built to start producing sustainable aviation fuel (SAF) from ethanol. LanzaJet’s move came after airlines and governments pushed for cleaner options to meet carbon-reduction goals in a sector historically hard to decarbonize.

Product Description

Jet fuel is a type of aviation fuel designed specifically for aircraft powered by gas-turbine engines, such as commercial airliners, cargo planes, and military jets. It is a refined petroleum product, primarily composed of hydrocarbons, and manufactured to strict quality standards to ensure safety, performance, and consistency at high altitudes and varying temperatures.

The two main types of jet fuel are Jet A and Jet A-1, both used in civil aviation. Jet A-1, the most commonly used globally, has a lower freezing point and is preferred for international flights. Military aircraft typically use a different variant known as JP-8, which includes additives for corrosion resistance and anti-icing.

Jet fuel is favored for its high energy density and ability to perform reliably in extreme conditions. It must be clean-burning and stable, with properties that prevent engine issues like freezing or combustion instability.

Traditionally, jet fuel is derived from crude oil, but there is a growing shift toward alternatives like Sustainable Aviation Fuel (SAF), made from renewable sources such as ethanol, waste oils, or algae. SAF is chemically similar to conventional jet fuel, allowing it to blend seamlessly with existing supply chains and aircraft systems, helping reduce carbon emissions without redesigning infrastructure.

Report Coverage

Key Attributes Details
Product Name Jet Fuel
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Ammonia Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of jet fuel pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
  • The study examines factors affecting jet fuel price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The jet fuel price charts ensure our clients remain at the forefront of the industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Jet Fuel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
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