Key Market Indicators
Macedonian fuel imports are projected to rise to 22,250 cubic meters by 2028, up from 21,980 cubic meters in 2023. This represents a modest annual growth rate of 0.2%. Since 1998, Macedonia has seen a consistent increase in fuel demand, averaging an annual growth of 7.1%. On the export front, Macedonia's fuel exports are expected to reach 47 cubic meters by 2028, a significant jump from 21 cubic meters in 2023. This corresponds to an average annual growth rate of 12.6%. Despite this anticipated increase, the country's fuel supply has faced challenges. Since 2007, Macedonian fuel supply has declined at an average annual rate of 9.2%.
