Energy prices
- International energy prices decreased in 2023 after 2022 peaks. However, gas and coal prices in 2023 are still 2.5 to 3 times higher than in 2019.
- International energy prices soared in 2022, particularly for gas and coal (+180% and +160% compared to 2021, respectively), following an already significant increase in 2021.
- 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 of 2008.
International energy prices (EU)
- Decrease in motor fuels and industry energy prices in 2023 (respectively -12% and -7%), but households energy prices increased by 2% in 2023.
- This followed the surge in end-use energy prices in 2022 : +70% in the industry, +25% in the residential sector and +24% in the transport 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
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.
