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Informations Rapides · 29 July 2022 · n° 205
Informations rapidesIn June 2022, oil prices rose again, industrial commodity prices decreased Prices of oil and raw material imports - June 2022

In June 2022, the price of oil in euros grew significantly (+8.0% after +10.6% in May). Prices in euros of imported raw materials (excluding energy) fell for the second consecutive month (−1.7% after −3.7%), mainly due to the decline in industrial raw material prices (−4.5% after −9.1%). The prices of food commodities, for their part, continued to slow down (+0,6 % after +1,1 %).

Informations rapides
No 205
Paru le :Paru le29/07/2022
Warning:

As rapeseed oil, wool and hide prices have not been issued by the usual data provider since December 2021, they have been indexed to equivalent series for this publication and are therefore subject to revision in the future.

In June 2022, the price of oil in euros grew significantly (+8.0% after +10.6% in May). Prices in euros of imported raw materials (excluding energy) fell for the second consecutive month (−1.7% after −3.7%), mainly due to the decline in industrial raw material prices (−4.5% after −9.1%). The prices of food commodities, for their part, continued to slow down (+0,6 % after +1,1 %).

Imported raw materials (excluding energy)

index 2010=100
Imported raw materials (excluding energy) (index 2010=100)
Prices in foreign currencies Prices in euros
2022-06 139.6 172.2
2022-05 142.0 175.1
2022-04 150.7 181.9
2022-03 150.8 178.8
2022-02 141.0 162.4
2022-01 135.9 157.0
2021-12 129.7 149.8
2021-11 124.0 141.9
2021-10 127.9 143.9
2021-09 125.8 139.5
2021-08 129.4 143.5
2021-07 132.3 146.1
2021-06 132.7 143.9
2021-05 135.2 145.5
2021-04 127.0 138.6
2021-03 119.7 131.4
2021-02 116.7 126.1
2021-01 113.1 121.3
2020-12 110.0 118.0
2020-11 102.1 112.5
2020-10 99.0 109.6
2020-09 98.8 109.1
2020-08 96.9 106.8
2020-07 91.1 103.5
2020-06 88.5 102.3
2020-05 87.6 104.7
2020-04 83.8 100.5
2020-03 87.2 102.6
2020-02 90.1 107.7
2020-01 92.8 109.0
2019-12 91.9 107.8
2019-11 89.3 105.2
2019-10 88.5 104.3
2019-09 89.0 105.3
2019-08 89.4 104.7
2019-07 96.0 111.5
2019-06 94.1 108.5
2019-05 92.1 107.3
2019-04 93.2 108.3
2019-03 91.0 105.0
2019-02 91.8 105.4
2019-01 88.6 101.2
2018-12 86.7 99.2
2018-11 88.8 101.7
2018-10 90.1 102.2
2018-09 86.9 97.1
2018-08 88.3 99.7
2018-07 90.9 101.4
2018-06 95.2 106.5
2018-05 95.9 106.0
2018-04 94.6 100.8
2018-03 94.6 100.3
2018-02 95.8 101.4
2018-01 94.4 101.1
2017-12 91.6 101.0
2017-11 91.8 102.1
2017-10 91.1 101.1
2017-09 92.8 101.7
2017-08 94.1 103.9
2017-07 92.4 104.7
2017-06 89.4 103.8
2017-05 89.7 105.8
2017-04 90.7 110.1
2017-03 95.4 116.2
2017-02 96.0 117.4
2017-01 93.2 114.3
2016-12 91.0 112.3
2016-11 89.7 108.2
2016-10 84.3 99.7
2016-09 83.3 97.0
2016-08 84.4 98.2
2016-07 84.7 99.9
2016-06 82.5 95.8
2016-05 80.3 92.7
2016-04 80.6 92.9
2016-03 77.9 91.7
2016-02 74.7 87.9
2016-01 72.8 87.4
2015-12 73.6 88.1
2015-11 74.9 90.9
2015-10 78.0 90.7
2015-09 78.7 91.6
2015-08 79.6 93.4
2015-07 81.0 96.4
2015-06 84.0 98.2
2015-05 84.7 99.5
2015-04 83.1 101.1
2015-03 84.3 101.8
2015-02 86.6 100.4
2015-01 89.3 101.2
2014-12 92.9 99.7
2014-11 95.3 101.3
2014-10 95.9 100.5
2014-09 97.6 100.6
2014-08 101.4 101.5
2014-07 102.5 101.1
2014-06 100.7 98.9
2014-05 103.0 100.2
2014-04 106.5 103.1
2014-03 104.8 101.4
2014-02 103.3 101.0
2014-01 102.7 100.8
2013-12 103.6 101.2
2013-11 100.8 99.7
2013-10 100.4 98.4
2013-09 100.0 99.8
2013-08 102.7 102.8
2013-07 102.1 103.8
2013-06 100.1 101.1
2013-05 102.5 105.1
2013-04 103.8 106.0
2013-03 105.0 107.5
2013-02 107.9 107.6
2013-01 106.6 106.8

Imported raw materials (excluding energy)

  • Source: INSEE

Oil prices strongly increased

In June 2022, the price of North Sea crude oil (Brent) in dollars rose sharply again (+7.9% after +7.8% in May), averaging 122.0 dollars. In euro terms, the price per barrel grew to a similar extent (+8.0% after +10.6%).

Oil (Brent)

price per barrel
Oil (Brent) (price per barrel)
Prices in dollars Prices in euros
2022-06 122.0 115.5
2022-05 113.1 106.9
2022-04 104.9 96.7
2022-03 117.2 106.4
2022-02 96.8 85.4
2022-01 86.5 76.5
2021-12 74.4 65.8
2021-11 81.0 71.0
2021-10 83.5 72.0
2021-09 74.5 63.3
2021-08 70.9 60.2
2021-07 75.1 63.5
2021-06 73.2 60.8
2021-05 68.5 56.4
2021-04 64.8 54.1
2021-03 65.4 55.0
2021-02 62.3 51.5
2021-01 54.8 45.0
2020-12 50.0 41.1
2020-11 42.7 36.1
2020-10 40.2 34.1
2020-09 40.9 34.7
2020-08 44.8 37.8
2020-07 43.2 37.7
2020-06 40.3 35.8
2020-05 29.4 27.5
2020-04 18.5 16.9
2020-03 31.9 28.8
2020-02 55.7 51.1
2020-01 63.6 57.3
2019-12 67.2 60.4
2019-11 63.2 57.2
2019-10 59.7 54.0
2019-09 62.8 57.1
2019-08 59.0 53.1
2019-07 63.9 57.0
2019-06 64.3 56.9
2019-05 71.2 63.6
2019-04 71.2 63.4
2019-03 66.1 58.5
2019-02 64.0 56.4
2019-01 59.4 52.0
2018-12 56.5 49.8
2018-11 64.7 57.0
2018-10 81.0 70.6
2018-09 78.9 67.7
2018-08 72.5 62.8
2018-07 74.3 63.5
2018-06 74.4 63.7
2018-05 76.9 65.2
2018-04 72.0 58.7
2018-03 66.0 53.5
2018-02 65.3 52.9
2018-01 69.1 56.6
2017-12 64.4 54.4
2017-11 62.7 53.4
2017-10 57.5 48.9
2017-09 55.5 46.6
2017-08 51.9 44.0
2017-07 49.1 42.6
2017-06 47.6 42.4
2017-05 51.4 46.5
2017-04 53.8 50.1
2017-03 52.6 49.2
2017-02 56.0 52.6
2017-01 55.4 52.2
2016-12 54.9 52.1
2016-11 47.1 43.7
2016-10 51.4 46.6
2016-09 47.7 42.5
2016-08 46.8 41.8
2016-07 45.3 41.0
2016-06 48.2 43.0
2016-05 46.7 41.3
2016-04 41.6 36.7
2016-03 38.2 34.4
2016-02 32.2 29.0
2016-01 30.7 28.3
2015-12 38.0 35.0
2015-11 44.3 41.2
2015-10 48.4 43.1
2015-09 47.6 42.4
2015-08 46.6 41.9
2015-07 56.6 51.4
2015-06 61.5 54.8
2015-05 64.1 57.5
2015-04 59.5 55.4
2015-03 57.3 52.8
2015-02 58.2 51.3
2015-01 50.1 43.1
2014-12 64.2 52.2
2014-11 80.8 64.8
2014-10 88.7 70.0
2014-09 98.9 76.7
2014-08 103.5 77.7
2014-07 108.6 80.2
2014-06 111.9 82.3
2014-05 109.2 79.6
2014-04 108.0 78.1
2014-03 107.9 78.0
2014-02 108.7 79.6
2014-01 107.6 79.0
2013-12 110.7 80.7
2013-11 107.7 79.9
2013-10 109.4 80.2
2013-09 111.6 83.6
2013-08 110.1 82.8
2013-07 107.7 82.3
2013-06 102.8 78.0
2013-05 103.0 79.4
2013-04 103.8 79.5
2013-03 109.7 84.6
2013-02 116.4 87.1
2013-01 112.0 84.3

Oil (Brent)

  • Source: INSEE

Petroleum

Petroleum
prices of last month Changes (%)
over the last month over the last 3 months over the last 12 months
Brent in $ per barrel 122.0 7.9 4.0 66.7
Brent in € per barrel 115.5 8.0 8.5 90.1
Gasoline cts €/L 102.0 6.6 33.6 114.6
Gas Oil 1226.9 14.5 17.8 149.7
Heavy fuel 550.1 -5.7 -1.5 66.4
Naphtha 776.4 -8.7 -14.6 50.0
  • Prices are in euros per tonne unless otherwise specified
  • Source: INSEE

Industrial raw material prices went down again

Prices in euros of industrial raw materials continued to fall in June (−4.5% after −9.1% in May), in the wake of those of mineral materials (−3.9% after −10.0%): the decline was marked for non-ferrous metals (−6.5% after −10.3%) and more modest for the prices of precious metals (−1.5% after −4.5%) and ferrous metals (−0.2% after −10.9%).

The prices of agro-industrial raw materials shrank even more sharply (−7.5% after −3.8%), due in particular to those for sawn softwood which continued to tumble (−22.5% after −15.8%). Prices for paper pulp (−1.1% after +2.1%), natural textile fibres (−4.2% after +7.4%) and hides (−4.1% after +1.6%) retreated, and those for tropical woods slightly decreased again (−0.9% after −1.6%). Conversely, rubber prices recovered (+0.9% after −2.5%).

Industrial raw materials

index 2010=100
Industrial raw materials (index 2010=100)
Prices in foreign currencies Prices in euros
2022-06 118.4 147.6
2022-05 124.2 154.6
2022-04 139.3 170.0
2022-03 144.2 173.0
2022-02 133.7 155.9
2022-01 127.2 148.7
2021-12 118.4 138.5
2021-11 110.3 127.7
2021-10 119.6 136.1
2021-09 116.5 130.8
2021-08 122.5 137.5
2021-07 134.7 150.5
2021-06 137.1 150.4
2021-05 140.7 153.1
2021-04 127.7 140.9
2021-03 120.8 134.2
2021-02 118.3 129.4
2021-01 115.0 124.9
2020-12 110.8 120.2
2020-11 97.1 108.2
2020-10 93.0 104.1
2020-09 94.1 105.1
2020-08 93.4 103.9
2020-07 84.8 97.3
2020-06 79.5 92.8
2020-05 74.2 89.4
2020-04 71.2 86.0
2020-03 74.7 88.7
2020-02 78.1 94.2
2020-01 82.2 97.5
2019-12 80.6 95.3
2019-11 78.0 92.7
2019-10 79.2 94.1
2019-09 81.0 96.8
2019-08 80.1 94.7
2019-07 90.1 105.8
2019-06 85.8 100.0
2019-05 83.8 98.5
2019-04 84.1 98.6
2019-03 82.3 95.9
2019-02 82.4 95.7
2019-01 76.3 88.0
2018-12 74.4 85.9
2018-11 76.9 88.9
2018-10 78.3 89.7
2018-09 76.4 86.2
2018-08 77.1 87.8
2018-07 77.6 87.6
2018-06 81.8 92.7
2018-05 82.7 92.7
2018-04 81.9 88.4
2018-03 81.5 87.5
2018-02 85.9 92.1
2018-01 85.4 92.6
2017-12 81.4 90.8
2017-11 79.9 89.8
2017-10 78.7 88.4
2017-09 80.7 89.4
2017-08 79.6 88.9
2017-07 73.7 84.3
2017-06 69.4 81.3
2017-05 71.3 84.8
2017-04 74.8 91.6
2017-03 80.4 98.9
2017-02 81.2 100.2
2017-01 76.4 94.5
2016-12 75.4 93.9
2016-11 71.8 87.6
2016-10 64.5 77.1
2016-09 63.2 74.3
2016-08 64.9 76.4
2016-07 63.7 75.9
2016-06 60.2 70.8
2016-05 60.8 71.1
2016-04 62.6 73.1
2016-03 60.3 71.8
2016-02 56.1 66.7
2016-01 53.3 64.7
2015-12 54.2 65.7
2015-11 56.0 68.9
2015-10 60.3 70.9
2015-09 61.7 72.7
2015-08 61.3 72.9
2015-07 62.8 75.9
2015-06 68.2 80.8
2015-05 69.6 82.9
2015-04 66.3 81.8
2015-03 67.6 82.9
2015-02 69.8 81.9
2015-01 71.9 82.5
2014-12 75.9 82.0
2014-11 79.1 84.5
2014-10 80.2 84.5
2014-09 82.3 85.2
2014-08 86.1 86.3
2014-07 86.4 85.2
2014-06 83.3 81.8
2014-05 84.8 82.5
2014-04 88.2 85.2
2014-03 86.6 83.6
2014-02 89.4 87.4
2014-01 91.7 89.9
2013-12 93.6 91.1
2013-11 93.1 92.1
2013-10 92.6 90.6
2013-09 92.2 92.1
2013-08 93.2 93.4
2013-07 89.2 91.0
2013-06 86.7 87.8
2013-05 90.5 93.2
2013-04 95.4 97.7
2013-03 98.7 101.5
2013-02 104.6 104.4
2013-01 102.7 103.1

Industrial raw materials

  • Source: INSEE

Food commodity prices continued to slow down

Prices in euros of food commodities slowed again in June (+0.6% after +1.1% in May). Indeed, only seafood prices remained very dynamic (+7.1% after +8.2%). Prices for cereals fell back (−4.9% after +7.3%), as did sugar prices (−2.4% after +0.3%), while prices for oilseeds went down significantly (−6.7% after −1.9%). Meat prices were virtually stable (+0.1% after −4.6%) and those for tropical commodities bounced back (+1.4% after −0.3%).

Food

index 2010=100
Food (index 2010=100)
Prices in foreign currencies Prices in euros
2022-06 165.2 202.0
2022-05 164.1 200.7
2022-04 166.2 198.4
2022-03 161.0 188.9
2022-02 151.8 172.9
2022-01 148.2 169.3
2021-12 143.2 163.7
2021-11 139.7 158.2
2021-10 138.7 154.5
2021-09 137.4 150.8
2021-08 138.9 152.5
2021-07 133.1 145.5
2021-06 131.7 141.2
2021-05 133.3 141.9
2021-04 129.3 139.8
2021-03 121.6 132.0
2021-02 117.9 126.0
2021-01 114.0 121.0
2020-12 109.6 116.4
2020-11 108.3 118.2
2020-10 106.3 116.6
2020-09 104.6 114.5
2020-08 101.5 110.8
2020-07 98.7 111.3
2020-06 99.2 113.9
2020-05 103.4 122.7
2020-04 98.8 117.6
2020-03 102.0 119.1
2020-02 104.5 123.8
2020-01 105.5 122.8
2019-12 105.9 123.1
2019-11 103.2 120.6
2019-10 99.7 116.6
2019-09 98.5 115.6
2019-08 100.6 116.8
2019-07 102.5 118.0
2019-06 103.9 118.8
2019-05 102.0 117.7
2019-04 104.1 119.9
2019-03 101.5 116.0
2019-02 103.1 117.2
2019-01 103.9 117.5
2018-12 102.0 115.7
2018-11 103.5 117.6
2018-10 104.6 117.6
2018-09 99.7 110.5
2018-08 102.2 114.2
2018-07 107.3 118.6
2018-06 111.8 123.7
2018-05 112.2 122.5
2018-04 110.3 116.0
2018-03 110.9 116.1
2018-02 107.7 112.6
2018-01 105.0 111.3
2017-12 104.0 113.4
2017-11 106.5 117.3
2017-10 106.4 116.9
2017-09 107.7 116.8
2017-08 112.2 122.8
2017-07 116.4 130.7
2017-06 115.2 132.6
2017-05 113.4 132.6
2017-04 110.9 133.6
2017-03 114.1 138.0
2017-02 114.6 139.0
2017-01 114.6 139.4
2016-12 110.1 134.9
2016-11 112.2 134.1
2016-10 110.0 128.9
2016-09 109.6 126.3
2016-08 109.6 126.2
2016-07 112.3 131.1
2016-06 111.9 128.6
2016-05 105.7 120.7
2016-04 103.9 118.3
2016-03 100.6 117.1
2016-02 99.1 115.4
2016-01 98.5 117.1
2015-12 98.7 117.0
2015-11 99.1 119.1
2015-10 100.8 115.9
2015-09 100.3 115.5
2015-08 103.1 119.5
2015-07 104.3 122.6
2015-06 104.0 120.0
2015-05 103.8 120.3
2015-04 104.6 125.5
2015-03 105.4 125.6
2015-02 107.9 123.6
2015-01 111.2 124.7
2014-12 114.1 121.7
2014-11 115.6 122.2
2014-10 115.5 120.4
2014-09 116.7 119.9
2014-08 120.6 120.4
2014-07 122.7 120.8
2014-06 122.4 120.2
2014-05 125.7 122.2
2014-04 129.3 125.3
2014-03 127.5 123.4
2014-02 120.7 118.0
2014-01 116.8 114.6
2013-12 116.5 114.1
2013-11 110.6 109.4
2013-10 110.5 108.3
2013-09 110.1 109.7
2013-08 114.8 114.8
2013-07 118.5 120.1
2013-06 117.1 117.9
2013-05 117.9 120.2
2013-04 114.6 116.5
2013-03 113.1 115.4
2013-02 112.4 112.0
2013-01 111.6 111.7

Food

  • Source: INSEE

Imported raw materials (excluding energy) in euros

Base 100 in 2010
Imported raw materials (excluding energy) in euros (Base 100 in 2010)
Index of last month changes (in%)
over the last month over the last 3 months over the last 12 months
Food total 202.0 0.6 6.9 43.0
Tropical foodstuffs 154.3 1.4 3.4 44.0
Oil seeds, vegetable oils 195.5 -6.7 -7.3 34.6
Cereals 159.2 -4.9 7.3 21.6
Sugar 106.2 -2.4 2.6 24.4
Meat 232.4 0.1 2.2 22.8
Seafood products 203.2 7.1 26.7 71.4
Industrial raw materials 147.6 -4.5 -14.7 -1.9
Agricultural raw materials 159.3 -7.5 -15.5 6.5
Natural Fibres 185.2 -4.2 12.8 69.5
Natural rubber 61.5 0.9 -2.3 13.8
Hides 57.8 -4.1 -0.8 -14.4
Wood pulp 188.7 -1.1 2.9 46.6
Tropical wood 99.2 -0.9 -2.4 0.2
Sawn softwood 298.7 -22.5 -46.4 -33.3
Minerals 143.3 -3.9 -14.5 -3.5
Ferrous metals 118.1 -0.2 -9.6 -29.5
Non-ferrous metals 154.9 -6.5 -18.4 21.5
Precious metals 165.4 -1.5 -6.4 3.1
All commodities 172.2 -1.7 -3.7 19.7
  • Source: INSEE

For further information

The relevant time series and a user guide are available at the bottom of this page.

Crude oil: from 1986, the price of Brent gradually established as a representative reference price of European supplies.

Petroleum: Prices of oil products are monthly averages.

Indices of non−energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw materials prices, weighted by their share in the French imports of raw materials (2010 = 100).

Next issue: 26 August 2022 at 12.00 pm

Pour en savoir plus

The relevant time series and a user guide are available at the bottom of this page.

Crude oil: from 1986, the price of Brent gradually established as a representative reference price of European supplies.

Petroleum: Prices of oil products are monthly averages.

Indices of non−energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw materials prices, weighted by their share in the French imports of raw materials (2010 = 100).

Next issue: 26 August 2022 at 12.00 pm

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