South Africa Diesel prices, 08-Jul-2024

The current price of diesel fuel in South Africa is ZAR 23.13 per liter or USD 1.28 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
South Africa
Diesel prices
 Current price 1.28
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Central Energy Fund


We show diesel price data for South Africa from 2014-07-28 to 2024-07-08. The average diesel price during that period is ZAR 16.85 per liter with a minimum of ZAR 10.77 on 2015-02-02 and a maximum of ZAR 27.45 on 2022-10-31. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for South Africa every week.


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Diesel prices
Price (ZAR/Liter) Percent change
 Current price 23.13 -
 One month ago 23.43 -1.3 %
 Three months ago 24.91 -7.1 %
 One year ago 21.55 7.3 %


Our data on: CNN Bloomberg Reuters



South Africa Diesel prices: The last eight weeks

South Africa Diesel prices: The last eight weeks

South Africa Diesel prices, liter, South African Rand


South Africa Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
South Africa: Diesel price analytics
    Value
Percent of world average diesel price     99.76%
Correlation with crude oil prices     0.77
Percent change if oil prices increase 10%     4.28%
Correlation with USD exchange rate     -0.66
Price flexibility index: 0 (low) - 1 (high)     0.24
Correlation with gasoline prices     0.97
Percent of gasoline price     98.21%
Cost of 40 liter tank, percent of income     8.67%
Diesel consumption, percent of income     2.49%
Updated monthly. Methodological notes
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