Energy prices
- Soaring international energy prices in 2022, particularly for gas and coal (+175% and +159% compared to 2021, respectively), following an already significant increase in 2021. Consequently, the price of coal and gas in 2022 reached a value of three to four times that of 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 of 2008.
International energy prices (EU)
- Notable surge in end-use energy prices in 2022, following a rebound in 2021 after the 2020 drop due to the Covid crisis. This increase was particularly pronounced in industry (+70% in 2022, +106% since 2019) because of natural gas price increase. In 2022, prices increased by 24% in the transport sector, and by 25% in the residential sector. The increase is more limited in these sectors thanks to government support to limit price rise in several countries.
- 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 (-5.4%/year), mainly in transport (-7.5%/year for motor fuels) and industry (-6.0%/year). Moderate reduction for households (-1.9%/year).
- Very rapid increase of average end-use energy prices by sector between 2000 and 2012 (around 55%).
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.
