petrol price

Diesel prices in South Africa shot up by R1.43 a litre from Wednesday – and early indications are that further pain awaits in December. Photo: Pixabay

LIST: How does SA’s petrol price compare to the rest of the world?

We may not be the only country struggling with soaring petrol price increases – but South Africa’s fuel situation remains unenviable.

petrol price

Diesel prices in South Africa shot up by R1.43 a litre from Wednesday – and early indications are that further pain awaits in December. Photo: Pixabay

We’re expecting an announcement on the petrol price for April within the next few days. Perhaps we’d be better off just adopting the brace position now, because all signs point to another monstrous rise…

Expected average petrol price for South Africa in April 2022

The Russia-Ukraine conflict has set global oil markets back in devastating fashion. Earlier this month, crude oil costs had reached record highs. Although this value has dropped towards the end of March, the damage has very much been done in terms of our April petrol price, which is now likely to go through the roof.

South Africans are already paying upwards of R21-per-litre of petroleum – a figure that’s ghastly enough as it is. However, several forecasts from fuel experts suggest that another R2-per-litre will be added onto the price next week.

Even in a best case scenario, it’s believed that the average petrol price will soon settle at R23.50p/l. There is talk of government intervention to cushion this blow, but nothing has been set in stone as of Thursday 31 March.

Not looking good…

Of course, Mzansi isn’t the only place being hit hard by these fuel costs. It’s a global problem, and pretty much every country on the planet is feeling the pinch. But just how high is our petrol price in comparison to others?

Should South Africa see its petrol price rise above the R23.50p/l mark in April as expected, that would mean we’re inside the top 50 most expensive countries for fuel. SA has always occupied the middle-ground, settling nearer to the cheapest countries rather than the costliest ones – so this shift is particularly concerning.

SA vs the rest of the world: How do our fuel costs compare?

This might be a good time to take stock, though. Sure, we have it bad. But there’s always someone who has got it worse. Dozens of countries have a higher petrol price than South Africa – and the top 10 is a real eye-opener…

(All data provided by globalpetrolprices.com, based on a rand-per-litre measurement)

  1. Hong Kong: R42.20
  2. Netherlands: R36.89
  3. Monaco: R36.44
  4. Norway: R35.96
  5. Finland: R34.54
  6. Zimbabwe: R34.49
  7. Denmark: R34.29
  8. Germany: R33.33
  9. Greece: R33.28
  10. Iceland: R33.25

Countries with the cheapest petrol price REVEALED

Indeed, things could be a lot more unbearable for the motorists of Mzansi. But we’ve got two sides to this coin. There are some countries that charge LESS than R1-per-litre for their fuel. Must be nice…

  1. Venezuela: R0.36
  2. Libya: R0.47
  3. Iran: R0.75
  4. Syria: R4.67
  5. Algeria: R4.71
  6. Kuwait: R5.05
  7. Angola: R5.20
  8. Nigeria: R5.86
  9. Turkmenistan: R6.27
  10. Kazakhstan: R6.33