In 2022, average price of heavy fuel for all consumers amounted to 879.3 British pounds per metric ton. Overall, small consumer tend to pay higher prices compared to medium and large consumers. Price of heavy fuel oil per metric ton for the manufacturing industry has oscillated since 2010. Between 2010 and 2012, the average price of all consumers continuously increased. From 2013 onwards, figures declined to the low of 359.5 British pounds per metric ton in 2016, and rose in the following years.
Average annual price of heavy fuel oil for the manufacturing industry in Great Britain from 2010 to 2022*
(in GBP per metric ton)
* Oil product prices include hydrocarbon oil duty. From 23 March 2011 the effective duty rates per metric ton are £108.18 for Heavy Fuel Oil and £128.77 for gas oil. ** Small consumers made annual purchases of up to 490 metric ton, medium consumers between 490 and 4,900 and large consumers over 4,900.
From the source: It should be noted that prices for these fuels are drawn from small samples.
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GOV.UK, & UK Department for Business, Energy and Industrial Strategy. (December 21, 2023). Average annual price of heavy fuel oil for the manufacturing industry in Great Britain from 2010 to 2022* (in GBP per metric ton) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/372315/price-of-oil-per-tonne-manufacturing-industry-in-the-united-kingdom-uk/
GOV.UK, und UK Department for Business, Energy and Industrial Strategy. "Average annual price of heavy fuel oil for the manufacturing industry in Great Britain from 2010 to 2022* (in GBP per metric ton)." Chart. December 21, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/372315/price-of-oil-per-tonne-manufacturing-industry-in-the-united-kingdom-uk/
GOV.UK, UK Department for Business, Energy and Industrial Strategy. (2023). Average annual price of heavy fuel oil for the manufacturing industry in Great Britain from 2010 to 2022* (in GBP per metric ton). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/372315/price-of-oil-per-tonne-manufacturing-industry-in-the-united-kingdom-uk/
GOV.UK, and UK Department for Business, Energy and Industrial Strategy. "Average Annual Price of Heavy Fuel Oil for The Manufacturing Industry in Great Britain from 2010 to 2022* (in Gbp per Metric Ton)." Statista, Statista Inc., 21 Dec 2023, https://www.statista.com/statistics/372315/price-of-oil-per-tonne-manufacturing-industry-in-the-united-kingdom-uk/
GOV.UK & UK Department for Business, Energy and Industrial Strategy, Average annual price of heavy fuel oil for the manufacturing industry in Great Britain from 2010 to 2022* (in GBP per metric ton) Statista, https://www.statista.com/statistics/372315/price-of-oil-per-tonne-manufacturing-industry-in-the-united-kingdom-uk/ (last visited December 21, 2024)
Average annual price of heavy fuel oil for the manufacturing industry in Great Britain from 2010 to 2022* (in GBP per metric ton) [Graph], GOV.UK, & UK Department for Business, Energy and Industrial Strategy, December 21, 2023. [Online]. Available: https://www.statista.com/statistics/372315/price-of-oil-per-tonne-manufacturing-industry-in-the-united-kingdom-uk/
