| Product Code: ETC5044123 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Serbia fuel oil market, the import trend exhibited a decline from 2023 to 2024, with a growth rate of -14.29%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -9.64%. This downturn may be attributed to shifting demand patterns or changes in trade policies impacting import volumes.
In the Europe region, the Fuel Oil market in Serbia is projected to expand at a growing growth rate of 7.02% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Serbia Fuel Oil Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Fuel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Fuel Oil Market - Industry Life Cycle |
3.4 Serbia Fuel Oil Market - Porter's Five Forces |
3.5 Serbia Fuel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Serbia Fuel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Serbia leading to higher demand for fuel oil |
4.2.2 Growth in transportation sector driving the consumption of fuel oil |
4.2.3 Government investments in infrastructure projects boosting the demand for fuel oil |
4.3 Market Restraints |
4.3.1 Volatility in global crude oil prices impacting the pricing of fuel oil in Serbia |
4.3.2 Shift towards renewable energy sources reducing the demand for traditional fuel oil |
4.3.3 Regulatory changes and environmental policies affecting the usage of fuel oil |
5 Serbia Fuel Oil Market Trends |
6 Serbia Fuel Oil Market Segmentations |
6.1 Serbia Fuel Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Serbia Fuel Oil Market Revenues & Volume, By Marine, 2021-2031F |
6.1.3 Serbia Fuel Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 Serbia Fuel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Serbia Fuel Oil Market Import-Export Trade Statistics |
7.1 Serbia Fuel Oil Market Export to Major Countries |
7.2 Serbia Fuel Oil Market Imports from Major Countries |
8 Serbia Fuel Oil Market Key Performance Indicators |
8.1 Average price of fuel oil in Serbia |
8.2 Number of industrial projects using fuel oil |
8.3 Percentage of transportation sector relying on fuel oil |
9 Serbia Fuel Oil Market - Opportunity Assessment |
9.1 Serbia Fuel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Serbia Fuel Oil Market - Competitive Landscape |
10.1 Serbia Fuel Oil Market Revenue Share, By Companies, 2024 |
10.2 Serbia Fuel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |