Key Market Indicators
In 2022, Russia's fuel imports remained stable at approximately 480 cubic meters, showing no change from the previous year. This consistency followed the same import volume recorded in 2021. Meanwhile, Russian fuel exports are projected to experience modest growth over the next few years. By 2028, exports are expected to reach around 184,000 cubic meters, up from nearly 176,500 cubic meters in 2023. This represents an annual compound growth rate (CAGR) of 0.6%. Since 1997, Russia's fuel supply has been on a gradual upward trend, increasing by an average of 0.2% each year.
