Key Market Indicators
Serbian fuel exports are projected to rise significantly, reaching approximately 52,000 cubic meters by 2028, up from around 42,000 cubic meters in 2023. This represents an annual compound growth rate (CAGR) of 3.4%. Since 2011, the nation's fuel supply has consistently increased by an average of 3.8% per year. On the import side, Serbia is also expected to see substantial growth. Fuel imports are forecasted to climb to nearly 22,400 cubic meters by 2028, compared to about 13,800 cubic meters in 2023. This equates to an average annual growth rate of 7.6%. Serbian demand for fuel has surged dramatically, with an impressive average annual growth of 47.1% since 2011.
