In 2023, diesel prices in Poland decreased compared to the previous year, amounting to 1.65 euros per liter.
Causes of fuel price fluctuations in Poland in 2018
The increase in fuel prices in Poland was mainly influenced by changes in the international oil and fuel markets and by changes in the exchange rate of the Polish currency to the U.S. dollar. The strengthening of the zloty's exchange rate to the dollar slowed down the scale of price rises for Polish fuel consumers. In 2018, the international situation did not ensure stable prices on the market. Waiting for the introduction of oil sanctions against Iran, a possible trade war between the U.S. and China, or information about a potential further reduction in oil production by OPEC+ countries resulted in rising oil prices in global markets. As soon as it became clear that neither sanctions on Iran nor restrictions on oil production affected the supply of crude oil on the world market as expected, prices on the markets started to fall. Nevertheless, drivers and transport companies have not benefited from the rising average annual prices, although state VAT revenues have increased significantly. Higher sales of liquid fuels, rising prices, and an increase in the number of cars on Polish roads have also resulted in additional income for Polish oil companies.
Biofuel market in Poland
Transport is the sector that accounts for one of the most significant shares of total carbon dioxide emissions from fuel combustion. Complete replacement of oil in transport is possible but costly. The data show that the consumption of biodiesel in transport is higher every year, and, like energy, transportation has a mandatory target for Renewable Energy Systems in 2020. The dominant renewable energy source in transport is biodiesel, followed by bioethanol and renewable electricity in rail transport. The average EU share of RES in transport is over seven percent, while in Poland, it is steadily growing, reaching nearly six percent in 2018.
Average prices of diesel fuel in Poland from 2005 to 2023
(in euros per liter)
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European Commission. (May 2, 2024). Average prices of diesel fuel in Poland from 2005 to 2023 (in euros per liter) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/603754/diesel-fuel-prices-poland/
European Commission. "Average prices of diesel fuel in Poland from 2005 to 2023 (in euros per liter)." Chart. May 2, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/603754/diesel-fuel-prices-poland/
European Commission. (2024). Average prices of diesel fuel in Poland from 2005 to 2023 (in euros per liter). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/603754/diesel-fuel-prices-poland/
European Commission. "Average Prices of Diesel Fuel in Poland from 2005 to 2023 (in Euros per Liter)." Statista, Statista Inc., 2 May 2024, https://www.statista.com/statistics/603754/diesel-fuel-prices-poland/
European Commission, Average prices of diesel fuel in Poland from 2005 to 2023 (in euros per liter) Statista, https://www.statista.com/statistics/603754/diesel-fuel-prices-poland/ (last visited December 21, 2024)
Average prices of diesel fuel in Poland from 2005 to 2023 (in euros per liter) [Graph], European Commission, May 2, 2024. [Online]. Available: https://www.statista.com/statistics/603754/diesel-fuel-prices-poland/