In March, Ukrainian gas stations sold 658.7 million liters of fuel, which is 10.7% more than what was sold in February, reports the NaftoRynok analytical agency .
The increase in sales in March affected all Ukrainian regions. The most significant increase occurred in Zakarpattia, where the volume of fuel sales increased by 19.1%, as well as in Sumy Oblast and Khmelnytskyi Oblast, with increases of 15.5% and 15.0%, respectively.
Kyiv region and Kyiv city, as well as Dnipropetrovsk, Lviv, and Odesa regions were the leaders in terms of fuel consumption in March.
The smallest "strait" occurred at gas stations in the Kherson, Donetsk, Zaporizhzhia, Sumy, and Ternopil regions.
In general, gas stations sold 1.9 billion liters of fuel in the 1st quarter of 2024, which is 0.3% more than in the same period of 2023. In monetary terms, the indicators also increased: from 80.9 billion UAH in the 1st quarter of 2023. to UAH 85.2 billion (+5.3%) in the 1st quarter of 2024.
The total number of licenses for fuel retail trade as of the end of March 2024 in Ukraine was 6,953 units. This is 61 units less than a month earlier and 104 more than in March 2023.
Will there be enough fuel for everyone?
We asked Oleksandr Sirenko, an analyst at NaftoRynka, what could be the reason for such a jump in consumption, and whether the market operators have sufficient reserves (so as not to face a deficit again):
"The indicators for March are generally not so rosy, given the drop in sales of fuel to the population (non-commercial consumers)) in January-February. Operators say that the decrease in sales in winter is a consequence of mobilization processes, the male population began to drive less. I will make an accurate forecast, that the consequence of legislative changes will be a further decrease in fuel consumption at gas stations by individuals in the next two months. Therefore, under such circumstances, there should not be a shortage of fuel."
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