Diesel Price in South Korea
The chart above illustrates Diesel prices in South Korea, in KRW/kg, from March 2024 to March 2025, as follows:
- Diesel, ret, KR: Diesel, retail, South Korea
- Diesel, exp, KR: Diesel, export transaction, fob, South Korea
Further information about price assessments covered can be found in the assessments guide.
The Diesel, ret, KR price in March 2025 was approximately 1,890 KRW per kg. This represented a 1.4% decrease from the previous month's value, but an increase of 2.2% on a year-over-year basis.
For Diesel, exp, KR, the price in March 2025 was around 939 KRW per kg. This value reflected a 4.7% decline from the prior month, and a 7.7% decrease when compared year-over-year.
Recent data, updated on October 3rd, 2025, can be found in the South Korea Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for diesel and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in South Korea, presenting price assessments and market analyses of production, demand, trade, and South Korea's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Diesel price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Diesel price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Diesel price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Diesel price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping South Korea's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess South Korea's energy balance and self-reliance, identifying exposure to external supply sources.
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