UK petrol price breakdown
UK PETROL PRICE BREAKDOWN
Pre-Tax
Duty
VAT
£/L
Petrol prices in 2022 were 30.7% higher than the 10-year average price, due to the global energy crisis.
1.5
1.0
0.5
UK diesel price breakdown 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 10-Yr Avg
0.0
Source: DESNZ
UK DIESEL PRICE BREAKDOWN
2.0 £/L
Pre-Tax Duty VAT
Diesel prices in 2022 increased more than petrol at 31.7% yoy compared to 25.3% yoy for petrol respectively. The UK is a net imported of diesel, while it exports surplus petrol, explaining the different impacts on price in the UK.
1.5
1.0
0.5
0.0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 10-Yr Avg Source: DESNZ
40
Fuels Statistics 2023
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