Recent developments in North Macedonia’s fuel market indicate a notable increase in cross-border fuel demand, largely influenced by the country’s competitive pricing strategy. Authorities have confirmed that the supply of crude oil and petroleum products remains stable, despite a significant uptick in foreign drivers entering the country to refuel. Prime Minister Hristijan Mickoski reported that daily fuel consumption has surged by approximately 150,000 liters per day, although domestic requirements continue to be met without interruption.
The highest levels of fuel demand are concentrated in border regions, particularly cities such as Ohrid, Struga, and Debar to the west, along with Bitola and Gevgelija in the south, and Kumanovo in the north. These areas are witnessing an influx of foreign motorists seeking lower-priced fuel options.
In response to escalating energy market challenges, the government has implemented measures aimed at alleviating consumer costs. A 30-day energy crisis was declared, leading to a reduction in the value-added tax (VAT) on gasoline and diesel from 18% to 10%. This change is expected to provide daily savings exceeding €200,000, amounting to approximately €1.5 million weekly. Concurrently, the national energy regulator has revised fuel pricing structures, resulting in a slight increase in overall retail prices. Specifically, diesel prices have risen by €0.07 per liter, while petrol prices have remained stable.
The latest pricing adjustments set a liter of eurodiesel at €1.91, with the price for Eurosuper 95 holding steady at €1.73 per liter, and Eurosuper 98 priced at €1.77. Collectively, these regulatory changes and tax reductions have resulted in an average price increase of about 1.39% for petroleum products.
