Name: Jet Kerosene Price Trend, Chart, News, Monitor, Market Analysis & Demand
Creator: IMARC Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: Jet Kerosene Price Trend, Jet Kerosene Prices

Jet Kerosene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112025A22503

Buy Now New Year Sale

Jet Kerosene Prices December 2023

Product	Category	Region	Price
Jet Kerosene	Petrochemicals	India	1155 USD/MT

The price of jet kerosene in India has reached 1155 USD/MT in the fourth quarter of 2023. The Indian market has been witnessing a fair share of opportunities due to the relaxation of US sanctions on Venezuela, which enables the nation to procure crude oil at better competitive prices, which is highly likely to change the import strategies. Other than this, the production costs of jet kerosene across the region reduced when the supply interruptions caused due to the Israel-Hamas conflict, got better. Moreover, jet kerosene oil prices witnessed a considerable low due to the inflow of economical crude oil from Venezuela. According to numerous reports, various oil marketing companies including Bharat Petroleum Corporation, Indian Oil corporation, and Hindustan Petroleum Corporation are prepared to reduce the fuel prices in the upcoming future.

Jet Kerosene Price Trend, Market Analysis, and News

IMARC's latest publication, “Jet Kerosene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the jet kerosene market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of jet kerosene at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed jet kerosene price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting jet kerosene 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 Kerosene Price Trend

Jet Kerosene Market Analysis

The global jet kerosene market size reached US$ 463.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 736.5 Billion, at a projected CAGR of 5.30% during 2023-2032.

The globally rising air traffic is leading to a significant rise in the adoption of jet kerosene. The application of stringent travel restrictions after the sudden outbreak of the COVID-19 pandemic were lifted after a reduction in the number of cases. This caused an instant rise in cargo and passenger flights, thereby propelling the market for jet kerosene. This resurgence of the industry is particularly focused in the Asia Pacific region which is witnessing rapid economic growth. For instance, as per the INDIAN EXPRESS, the Indian domestic air traffic for the financial year 2023-2024 is projected to grow at a CAGR of 8-13%. The market is forecasted to display similar growth in the financial year 2024-2025, which will lead to the closing of the market at 16.5-15 crores. Other than this, prominent key players are introducing new routes and increasing frequencies in order to cater to this exponential growth.
Another major factor which influences the market for jet kerosene is geopolitical factors. Regions encounter political instability, particularly the ones rich in oil reserves such as the Middle East. These instabilities often lead to a disruption in the production of oil, which further influence the price trend of this product. For instance, as per a report published by the MIDDLE EAST RESEARCH AND INFORMATION PROJECT (MERIP), post the Gulf war, the jet fuel prices in the United States increased by 78% between August and October 1990. Other than this, numerous trade policies and sanctions also have a substantial affect on the jet kerosene market. The sanctions imposed on nations such as Venezuela and Iran which further disarrayed the oil market, are a fair illustration for the aforementioned factor.
Furthermore, numerous environmental concerns and regulations acting as preservatory steps majorly drive the jet kerosene market. In consideration of the growing concerns regarding emissions, governments and organizations across the globe are imposing stringent emission standards in order to resist climate change. On account of this, the aviation industry is seeking for better and environmentally friendlier options such as SUSTAINABLE AVIATION FUEL (SAF). For instance, the EUROPEAN COMMISSION has entered into an agreement with the European Parliament on the ReFuelIEU Aviation proposal. These regulations have been formed to decarbonize the aviation sector by promoting the fuel suppliers to incorporate SUSTAINABLE AVIATION FUELS (SAF) with kerosene in substantial quantities from 2025. This agreement in itself is forecasted to bring down aircraft CO₂emissions by approximately two-thirds by the year 2025.

Jet Kerosene News

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

Latest developments in the jet kerosene industry:

In February 2023, Indian Oil Corporation entered announced its joint venture with LanzaJet Inc. and various other domestic airlines with the vision to manufacture sustainable aviation fuel (SAF). This strategic step has been taken to expedite India’s goal to achieve net-zero operational emissions by the year 2046.
In March 2023, NREL Regional conducted a case study which can potentially propel the production and development of sustainable fuel. SAF which is produced from biomass and waste, can minimize aviation greenhouse gas emissions by 50% or more.

Product Description

Jet kerosene commonly known as aviation turbine fuel or ATF, refers to a kind of aviation fuel manufactured to be utilized in the aircraft powered gas-turbine engines. It is a clear to straw-colored liquid which possesses a distinct oily smell and is well-known for its high energy efficiency and stability.

Jet kerosene is usually produced through the process of fractional distillation of crude oil in a petroleum refinery. Under this procedure, crude oil is heated at high temperatures which leads to its vaporization. Further, the raw kerosene goes through treatment procedures which include hydrodesulfurization to eliminate sulfur compounds.

Jet kerosene is highly adopted in the aerospace industry as a fuel for military and commercial jets. It also offers a powerful and stable energy source for rocket launches. Additionally, this fuel is also used as a substitute for heating oil. Furthermore, numerous other applications where jet kerosene is put to use include electricity generation, manufacturing and agriculture, and transportation.

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 kerosene price trend.

Global Jet Kerosene Price

The report offers a holistic view of the global jet kerosene pricing trends in the form of jet kerosene 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 kerosene, 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 kerosene 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 Kerosene Price

The European jet kerosene market in the fourth quarter of 2023 reflected a negative trend due to numerous factors. One of the major factors affecting the market unpredictable crude oil prices which substantially affected the production costs for jet kerosene. Other than this, the continuous regional strains resurrected demand concerns which further led to a downward trend in the price trend of jet kerosene.

European jet kerosene prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed jet kerosene 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 Kerosene Price

The North America jet kerosene market witnessed a negative trend in the fourth quarter of 2023, owing to the continuous uncertain crude oil prices globally. This uncertainty of costs led to a reduction in the production costs of the fuel. Other than this, lessening concerns over supply disturbances caused by the Israel-Hamas conflict further impacted the market negatively.

The analysis of jet kerosene prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific jet kerosene 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 Kerosene Price

The jet kerosene market in the Middle East and Africa (MEA) region provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

In addition to region-wise data, information on jet kerosene 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 Kerosene Price

The fourth quarter 2023 of the Asia Pacific jet kerosene market reflected a downward trend on account of numerous factors. The primary factors responsible for this trend is the persistent volatility of the crude oil prices.

The jet kerosene pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This jet kerosene 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 Kerosene Price

The analysis of jet kerosene prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

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.

Report Coverage

Key Attributes	Details
Product Name	Jet Kerosene
Report Features	Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Jet Kerosene 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 Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *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 kerosene 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 kerosene 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 kerosene 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.

Purchase Options New Year Sale

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.