Recent developments in North Macedonia’s fuel market indicate a significant increase in cross-border demand, driven by competitive pricing and regulatory adjustments. Authorities have confirmed that the supply of crude oil and petroleum products remains stable, even as foreign motorists flock to the country for refueling. Prime Minister Hristijan Mickoski reported a notable uptick in daily fuel consumption, with demand surpassing previous levels by approximately 150,000 liters per day, while domestic requirements continue to be met without interruptions.
The highest demand is concentrated in border regions, particularly in towns such as Ohrid, Struga, and Debar to the west, Bitola and Gevgelija in the south, and Kumanovo to the north. These areas are witnessing an influx of foreign drivers seeking lower fuel prices, which has led to increased consumption and heightened market activity.
In response to ongoing energy market pressures, the North Macedonian government has implemented measures aimed at alleviating consumer costs. A 30-day energy crisis was declared, resulting in a reduction of the value-added tax (VAT) on gasoline and diesel from 18% to 10%. This tax adjustment is projected to save citizens over €200,000 daily, equating to around €1.5 million weekly. However, despite this tax cut, the national energy regulator has adjusted fuel pricing, leading to a slight increase in retail costs.
The revised pricing structure now sets the cost of a liter of eurodiesel at €1.91, while the price for Eurosuper 95 remains stable at €1.73 per liter, and Eurosuper 98 is priced at €1.77. Consequently, the overall effect of these regulatory changes and tax reductions has resulted in an average price increase of approximately 1.39% for petroleum products.
