natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe.
In 2023, the price of natural gas in Europe reached 13.1 constant U.S. dollars per million British thermal units, compared with 2.5 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, Natural gas commodity prices in Europe and the United States from 1980 to 2023, with a forecast for 2024 and 2025 (in U.S. dollars per million British thermal units)
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Other statistics that may interest you Natural gas industry worldwide
Overview
3
Reserves & production
4
- Premium Statistic Global natural gas reserves by region 1960-2022
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Trade
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- Premium Statistic Global gaseous state natural gas exports 2015-2022, by country
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- Premium Statistic Global gaseous state natural gas imports 2015-2022, by country
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Prices
5
- Basic Statistic U.S. Henry Hub prices per week 2022-2024
- Premium Statistic Weekly Dutch TTF gas prices 2022-2024
- Premium Statistic Monthly natural gas prices in the United States and Europe 2014-2024
- Basic Statistic Natural gas commodity prices in Europe and the U.S. 1980-2023
- Premium Statistic Global natural gas commodity prices by region 2020-2023
Consumption
3
Companies
5
- Premium Statistic Selected global natural gas companies by production 2023
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Employment & market data
4
- Premium Statistic Global natural gas investment returns 2010-2023
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Further related statistics
16
- Forecasted U.S. price of natural gas 1980-2025
- Price of AECO NIT natural gas 2014-2019
- Total natural gas sales unit price in Canada 2000-2015
- Household natural gas prices in the U.S. 1975-2022
- Price of commercial natural gas in Canada
- Price of industrial natural gas in Canada
- Natural gas rents APAC 2020, by country
- Global natural gas reserves breakdown by country 1960-2022
- Proved natural gas reserves in Saudi Arabia 1992-2020
- Share of world natural gas consumption in Canada 2001-2010
- Total natural gas sales in Canada 2000-2015
- Natural gas consumption in Germany 2005-2022
- Winter natural gas prices in the U.S. 2005/06-2022/23
- Natural gas residential prices in Europe 2020
- Average heating oil prices in Latvia 2004-2021
- Average heating oil prices in Slovenia 2004-2021
Further Content: You might find this interesting as well
Statistics
- Forecasted U.S. price of natural gas 1980-2025
- Price of AECO NIT natural gas 2014-2019
- Total natural gas sales unit price in Canada 2000-2015
- Household natural gas prices in the U.S. 1975-2022
- Price of commercial natural gas in Canada
- Price of industrial natural gas in Canada
- Natural gas rents APAC 2020, by country
- Global natural gas reserves breakdown by country 1960-2022
- Proved natural gas reserves in Saudi Arabia 1992-2020
- Share of world natural gas consumption in Canada 2001-2010
- Total natural gas sales in Canada 2000-2015
- Natural gas consumption in Germany 2005-2022
- Winter natural gas prices in the U.S. 2005/06-2022/23
- Natural gas residential prices in Europe 2020
- Average heating oil prices in Latvia 2004-2021
- Average heating oil prices in Slovenia 2004-2021
World Bank. (April 26, 2024). Natural gas commodity prices in Europe and the United States from 1980 to 2023, with a forecast for 2024 and 2025 (in U.S. dollars per million British thermal units) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/252791/natural-gas-prices/
World Bank. "Natural gas commodity prices in Europe and the United States from 1980 to 2023, with a forecast for 2024 and 2025 (in U.S. dollars per million British thermal units)." Chart. April 26, 2024. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/252791/natural-gas-prices/
World Bank. (2024). Natural gas commodity prices in Europe and the United States from 1980 to 2023, with a forecast for 2024 and 2025 (in U.S. dollars per million British thermal units). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/252791/natural-gas-prices/
World Bank. "Natural Gas Commodity Prices in Europe and The United States from 1980 to 2023, with a Forecast for 2024 and 2025 (in U.S. Dollars per Million British Thermal Units)." Statista, Statista Inc., 26 Apr 2024, https://www.statista.com/statistics/252791/natural-gas-prices/
World Bank, Natural gas commodity prices in Europe and the United States from 1980 to 2023, with a forecast for 2024 and 2025 (in U.S. dollars per million British thermal units) Statista, https://www.statista.com/statistics/252791/natural-gas-prices/ (last visited June 10, 2024)
Natural gas commodity prices in Europe and the United States from 1980 to 2023, with a forecast for 2024 and 2025 (in U.S. dollars per million British thermal units) [Graph], World Bank, April 26, 2024. [Online]. Available: https://www.statista.com/statistics/252791/natural-gas-prices/