In March 2026, Ukraine achieved a record import of diesel fuel — 577 thousand tons. This is over 25% more than in February and 12% higher than the volume for the same period last year.
This is reported by Finway
“As noted by analysts from the ‘A-95’ Consulting Group, this is the highest March import figure since 2021.”
The increase in imports occurred despite complicated logistical conditions caused by the war in the Middle East. In particular, ORLEN S.A. temporarily halted shipments, and transportation from Romania and Greece was accompanied by uncertainty. As a result of these factors, diesel prices rose significantly, forcing traders to quickly seek new supply routes to prevent a shortage in the Ukrainian market.
Import Structure and Market Leaders
In March, a significant portion of the imports — 48% — came through the sea ports of Greece and Romania, while the western direction accounted for 52% of the supplies. Supplies from Poland remained stable; however, ORLEN reduced volumes by 22%. This difference was compensated by resources from the Dembohuže terminal.
Among Ukrainian importing companies, the OKKO gas station network leads, having imported over 92 thousand tons of diesel fuel, which is 24% more than in February. The second place was taken by UPG with a volume of 53.7 thousand tons, while the third position was unexpectedly occupied by the company “Paid” with an indicator of 51.1 thousand tons.
Other players such as ZPEK, “D.Trading”, “Matrin Trade”, and “Gaztrim” also actively increased their import volumes. This indicates a rise in competition among fuel importers in Ukraine.
Prospects for the Diesel Market in Ukraine
Analysts assert that, despite the difficulties caused by the war in Iran, traders managed to form a sufficient transitional stock of diesel for April. However, the situation remains tense due to limited European resources and high prices for petroleum products. In April, a further shortage and sustained high prices in the market are possible.
Global diesel prices have reached historical highs. At the ICE exchange in London, gasoil rose to $1521 per ton, which is $155 more than the previous day, while in Southern European countries, prices climbed to $1617 per ton. This could significantly impact the pricing situation in the Ukrainian diesel fuel market in the coming months.