Energy prices

  • High rise international energy prices in 2021, particularly for gas (+62% compared to 2019)
  • Upward trend in international energy prices from 2016 to 2018 and decrease in 2019 and 2020.
  • Significant decline in international prices over the period 2012-2016 after the sharp rise driven by the financial crisis.

International energy prices (EU)

  • Rebound of end-use energy prices in 2021 after the 2020 drop due to the Covid crisis, especially in industry (+29%) because of natural gas price increase. Prices increased by 15% in the transport sector, and by 7% in the residential sector.
  • Slight progression of end-use energy prices between 2016 and 2018.
  • Between 2012 and 2016, rapid decrease of the average energy prices for final consumers (-4.7%/year), mainly in transport (-7.4%/year for motor fuels) and industry (-4.1%/year). Moderate reduction for households (-1.7%/year).
  • Very rapid increase of average end-use energy prices by sector between 2000 and 2012 (around 70%).

Average energy prices by sector (EU)

Source: Eurostat; energy prices by sector (at constant prices): weighted average prices by energy (electricity, gas, fuel, coal) on the basis of energy market shares.