Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+
Industry Domains
Add 2 More Reports For 20% off
HVO Prices, Demand and Supply Overview
In the United States, the highest-cost reporting region, HVO prices moved only near 0.4% in Q3 2026, moving from just under USD 2,830/MT in Q2 to just above USD 2,840/MT in Q3, and it was a balance of firmer gasoil prices and softer renewable diesel sentiment, with feedstock costs steady that most plausibly shaped the move. Across the tracked regions, the global average moved from roughly USD 2,603/MT in Q2 to close to USD 2,613/MT in Q3, a change of about 0.4%. For Q4 2026, a global average of near USD 2,510 to 2,740/MT is expected, with gasoil prices, feedstock costs, and quota compliance demand guiding the range.
HVO, or hydrotreated vegetable oil, is a paraffinic renewable diesel produced by treating vegetable oils, waste oils, and animal fats with hydrogen, giving a fuel that is chemically close to fossil diesel and can be used in diesel engines without changes. It is used as a drop in road diesel, in heavy duty trucks, buses, off road equipment, and as a base for sustainable aviation fuel production, with road transport blending taking the largest share of demand. Gasoil prices, waste and crop feedstock costs, greenhouse gas quotas and renewable energy rules, plant maintenance, and shipping costs all feed into the price.
HVO Price Forecast for 2026
The balance of supply and demand for HVO through the end of 2026 leans stable. Trade press reports show that only about 9 percent of European HVO feedstock came from crops, with most from waste based sources, so supply is largely inelastic. Product values weakened in May and have recovered, and volatile gasoil prices linked to the Middle East conflict have kept margins wide.
The main upside risk is a jump in gasoil prices or tighter feedstock supply that lifts prices above the forecast range. The main downside risk is a fall in gasoil prices, plant restarts that add supply, or weaker quota prices, which would pull prices below the forecast.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 2,510 - 2,740 | Gasoil moves guide the range |
| Singapore | 2,330 - 2,550 | Asian exports keep Singapore lowest |
| Netherlands | 2,430 - 2,660 | Hub trading sets a lower middle |
| Germany | 2,540 - 2,780 | Quota demand holds an upper middle |
| United States | 2,730 - 2,980 | Credit values hold the top |
For the Quarter Ending September 2026
HVO Prices Q3 2026:
- Singapore: USD 2,430/MT
- Netherlands: USD 2,530/MT
- Germany: USD 2,650/MT
- United States: USD 2,840/MT
HVO Prices in Singapore
Singapore HVO prices averaged near USD 2,430/MT in Q3 2026, little changed at just above 0.4% from just under USD 2,420/MT in Q2 2026. It was steady gasoil prices that held the market in balance, with balanced quota demand limiting any move.
Why did the price of HVO change in Q3 2026 in Singapore?
Balanced quota demand and steady gasoil prices pulled in opposite directions through the quarter, and neither was able to dominate. Asian producers export to Europe and North America, and their pricing follows feedstock and shipping costs. The Singapore average stayed at near USD 2,430/MT.
HVO Prices in Netherlands
The Netherlands market held to an average of roughly USD 2,530/MT in Q3 2026, a move of just about 0.4% against close to USD 2,520/MT in Q2 2026. What kept the range tight was balanced quota demand, while steady gasoil prices offset the pull in the other direction.
Why did the price of HVO change in Q3 2026 in Netherlands?
The Netherlands market sat in a narrow band as Steady gasoil prices and balanced quota demand cancelled each other out. The ARA hub sets the European trading level for fuel grade HVO delivered into blending terminals. The average for the quarter was roughly USD 2,530/MT.
HVO Prices in Germany
Germany HVO prices averaged near USD 2,650/MT in Q3 2026, little changed at just above 0.4% from just under USD 2,640/MT in Q2 2026. It was steady gasoil prices that held the market in balance, with balanced quota demand limiting any move.
Why did the price of HVO change in Q3 2026 in Germany?
Balanced quota demand and steady gasoil prices pulled in opposite directions through the quarter, and neither was able to dominate. Strong greenhouse gas quota demand and the RED III rules support a premium. The Germany average stayed at near USD 2,650/MT.
HVO Prices in United States
The United States market held to an average of roughly USD 2,840/MT in Q3 2026, a move of just about 0.4% against close to USD 2,830/MT in Q2 2026. What kept the range tight was balanced quota demand, while steady gasoil prices offset the pull in the other direction.
Why did the price of HVO change in Q3 2026 in United States?
The United States market sat in a narrow band as Steady gasoil prices and balanced quota demand cancelled each other out. Federal and state credits and a large renewable diesel fleet lift domestic values. The average for the quarter was roughly USD 2,840/MT.
For the Quarter Ending June 2026
HVO Prices Q2 2026:
- Singapore: USD 2,420/MT
- Netherlands: USD 2,520/MT
- Germany: USD 2,640/MT
- United States: USD 2,830/MT
HVO Prices in Singapore
HVO in Singapore averaged near USD 2,420/MT through Q2 2026, rising just above 0.8% from just under USD 2,400/MT the quarter before. It appears that tight availability of waste based feedstocks set the tone, and higher shipping costs helped the gains hold.
Why did the price of HVO change in Q2 2026 in Singapore?
The quarter turned on Firm demand from blenders, with firmer gasoil prices arriving at almost the same moment. Asian producers export to Europe and North America, and their pricing follows feedstock and shipping costs. Together they carried the Singapore average to near USD 2,420/MT.
HVO Prices in Netherlands
The Netherlands market held to an average of roughly USD 2,520/MT in Q2 2026, a move of just about 0.8% against close to USD 2,500/MT in Q1 2026. What kept the range tight was balanced quota demand, while steady gasoil prices offset the pull in the other direction.
Why did the price of HVO change in Q2 2026 in Netherlands?
The Netherlands market sat in a narrow band as Steady gasoil prices and balanced quota demand cancelled each other out. The ARA hub sets the European trading level for fuel grade HVO delivered into blending terminals. The average for the quarter was roughly USD 2,520/MT.
HVO Prices in Germany
Germany HVO prices averaged near USD 2,640/MT in Q2 2026, little changed at just above 0.8% from just under USD 2,620/MT in Q1 2026. It was steady gasoil prices that held the market in balance, with balanced quota demand limiting any move.
Why did the price of HVO change in Q2 2026 in Germany?
Balanced quota demand and steady gasoil prices pulled in opposite directions through the quarter, and neither was able to dominate. Strong greenhouse gas quota demand and the RED III rules support a premium. The Germany average stayed at near USD 2,640/MT.
HVO Prices in United States
The United States market for HVO closed Q2 2026 on an average of roughly USD 2,830/MT, a gain of about 1.1% on close to USD 2,800/MT in Q1 2026. What carried the move was firm demand from blenders, while firmer gasoil prices kept buying interest alive.
Why did the price of HVO change in Q2 2026 in United States?
The quarter turned on Tight availability of waste based feedstocks, with higher shipping costs arriving at almost the same moment. Federal and state credits and a large renewable diesel fleet lift domestic values. Together they carried the United States average to roughly USD 2,830/MT.
Quarterly HVO Price Trends
Looking across the table, the global HVO average opened the window at just under USD 2,630/MT in Q2 2025, moved to just above USD 2,560/MT in Q3 and roughly USD 2,530/MT in Q4, then firmed to close to USD 2,580/MT in Q1 2026, firmed to about USD 2,603/MT in Q2 and moved to near USD 2,613/MT in Q3 2026, a net decline of just under 0.6% over the window. Gasoil prices, feedstock costs, and quota compliance demand drove the overall price pattern.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q3 2026 | 2,613 | +0.4% | - Stable |
| Q2 2026 | 2,603 | +0.9% | ↑ Rising |
| Q1 2026 | 2,580 | +2.0% | ↑ Rising |
| Q4 2025 | 2,530 | -1.2% | ↓ Falling |
| Q3 2025 | 2,560 | -2.7% | ↓ Falling |
| Q4 2026 | In Progress | - | - In Progress |
What was HVO Price in 2025?
HVO prices eased through 2025 as feedstock costs fell and then recovered in 2026 as quota demand and gasoil prices strengthened. The global average eased from just above USD 2,680/MT in Q1 2025 to roughly USD 2,530/MT by Q4, a full-year decline of close to 5.6%.
HVO Prices in Singapore in 2025
Through 2025 the Singapore average slid from just above USD 2,500/MT in Q1 to roughly USD 2,350/MT in Q4, a drop of close to 6.0%. What shaped the year was steady blending mandates and balanced feedstock costs.
HVO Prices in Netherlands in 2025
Through 2025 the Netherlands average slid from just above USD 2,600/MT in Q1 to roughly USD 2,450/MT in Q4, a drop of close to 5.8%. What shaped the year was steady compliance demand and balanced feedstock costs.
HVO Prices in Germany in 2025
Through 2025 the Germany average slid from just above USD 2,720/MT in Q1 to roughly USD 2,570/MT in Q4, a drop of close to 5.5%. What shaped the year was steady quota demand and balanced feedstock costs.
HVO Prices in United States in 2025
Through 2025 the United States average slid from just above USD 2,900/MT in Q1 to roughly USD 2,750/MT in Q4, a drop of close to 5.2%. What shaped the year was steady credit values and balanced feedstock costs.
How We Can Help
Expert Market Research: Your Source for Real-Time HVO Price Intelligence
Expert Market Research tracks HVO prices continuously across every major producing and consuming region. The team traces causation through gasoil economics, feedstock costs, and quota compliance demand. Contact Expert Market Research today for HVO pricing data, bespoke market analysis, and strategic procurement advisory.
Pricing Plans
Upto 15% Off
USD
-
$799 $699
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Frequently Asked Questions About This Report
Road transport blending takes the largest share. HVO is a drop in diesel for trucks, buses, and off road equipment, and a base for sustainable aviation fuel.
The Q3 2026 average was about USD 2,430/MT in Singapore, near USD 2,530/MT in the Netherlands, just under USD 2,650/MT in Germany, and just above USD 2,840/MT in the United States. The United States carried the highest cost, on quota demand and credit values.
The global average moved only slightly from roughly USD 2,603/MT in Q2 to close to USD 2,613/MT in Q3 2026, a move of about 0.4%. Balanced gasoil prices, steady feedstock costs, and steady quota demand kept prices in a narrow band.
Rising gasoil prices were offset by softer renewable diesel sentiment, feedstock costs barely moved, and buyers stayed on contract. Prices ended the quarter close to where they began.
The global average is expected between near USD 2,510 and USD 2,740/MT for Q4 2026. Gasoil prices, feedstock costs, and quota compliance demand are expected to guide the range, with a stable bias.
The United States and Germany hold the premium on credit and quota demand, the Netherlands sets the hub level, and Singapore prices lowest on Asian export supply.
This report is updated monthly. For real-time pricing intelligence, contact the Expert Market Research team directly.
Prices respond mainly to gasoil prices, waste and crop feedstock costs, greenhouse gas quotas, plant maintenance, and shipping costs.
The Netherlands, Singapore, the United States, Finland, and Brazil are leading producers.
Buyers can use quarterly trends to time supply contracts, follow gasoil and feedstock prices as the lead signals, and compare feedstock pathways.
One Year Subscription
One Year Subscription
USD 799
USD 699
tax inclusive*
- Report in Excel Format
- 3 Months Price Forecast
- Historical Prices for the Past 3 Years
-
Summary Of Factors Influencing Prices
- Current Price Overview
- 3-Month Price Forecast
- Historical Price Summary
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Bundle Type
Flash Bundle
20% OFF
Number of Reports: 3
Small Business Bundle
25% OFF
Number of Reports: 5
Growth Bundle
30% OFF
Number of Reports: 8
Enterprise Bundle
35% OFF
Number of Reports: 10
Overview
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
- 3 Reports Included
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
- 5 Reports Included
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
- 8 Reports Included
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
- 10 Reports Included
- Historical Price Trends
- Current Market Pricing
- 3-Month Price Forecast
- Grade / Specification-wise Pricing
- Pricing Data in Excel Format
- Pricing Summary
- Monthly Price Updates
- Regional Price Benchmarking
- Price Drivers & Market Influencing Factors
- Analyst Support for Pricing Insights
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.