MacroHeraldMacroHeraldMacroHerald
  • Markets
    • Currencies
    • Equities
    • Commodities
    • Rates & Bonds
    • Crypto
  • Economy
    • Central Banks
    • Economic Data
    • Trade & Tariffs
  • Geopolitics
  • Analysis
  • Explainers
  • Economic Calendar
Reading: Poland’s grey fuel market stays at 4% in 2025, URE says
Share
Notification Show More
Font ResizerAa
MacroHeraldMacroHerald
Font ResizerAa
  • Markets
  • Economy
  • Geopolitics
  • Analysis
  • Explainers
  • Markets
    • Currencies
    • Equities
    • Commodities
    • Rates & Bonds
    • Crypto
  • Economy
    • Central Banks
    • Economic Data
    • Trade & Tariffs
  • Geopolitics
  • Analysis
  • Explainers
Have an existing account? Sign In
Follow US
  • Risk Disclaimer
  • Disclosure
  • Privacy
MacroHerald > Latest News > Economy > Economic Data > Poland’s grey fuel market stays at 4% in 2025, URE says
Economic Data

Poland’s grey fuel market stays at 4% in 2025, URE says

Enver Adıgüzel
Last updated: 4 September 2026 06:41
Enver Adıgüzel - Editor and Publisher
1 month ago
Share
Oil & energy
SHARE
Summarize with AI
Summarize with AI

Poland’s grey market in liquid fuels held steady at 4 percent of the market in 2025, unchanged from 2024, the energy regulator URE said in a new study. The regulator estimated the resulting loss to the state treasury at about 2.5 billion zloty, drawn from unpaid VAT, excise tax and the fuel fee on diesel consumption.

Contents
  • A smaller share than before
  • Where the risk sits now

A smaller share than before

URE described the current level as not high. It pointed to the early 2000s, when the grey market in liquid fuels in Poland was estimated at 20-30 percent of the total. Four percent is far lower.

Still, the loss runs into billions. That money would otherwise flow to the state budget. URE’s study treats the figure as a persistent, if reduced, drain on public revenue.

Where the risk sits now

URE said it sees the greatest risk currently in maritime diesel imports, in the import and production of lubricants, and in LPG imports. These are the segments the regulator flagged as most exposed to grey-market activity going forward.

To address the gaps, URE proposed a set of legislative changes. These include licensing requirements for the production of lubricating oil and pyrolysis oil, tighter controls on fuel transit, and increased supervision of tax warehouses that produce fuels. The regulator also proposed a registration system for plastic fuel tanks used by end consumers, aimed at closing off another route the grey market has used.

Also Read

Inflation
Euro area inflation hits 3.3%, matching forecasts
Colombia’s 7.2% deficit in 2027 would still breach fiscal rule, central bank warns
Australia’s quarterly GDP growth accelerates to 0.4%
IMF flags hedge fund risks to market liquidity and pricing
Hungary prepares structural plan to avoid EU deficit fines

Source: URE

Mexico’s annual inflation rises to 3.45 percent in September
Hungary inflation falls to 1.6% while Romania climbs to 6.6%
Polish core inflation Eases to 3.1% in September
China’s Trade Surplus Widens to 133.53 in September
Economists expect Turkish inflation to edge lower in August
TAGGED:energy regulatorfuel marketgrey marketpolandtax revenueure

The macro brief, every morning

Central banks, currencies and the data that moves them — in your inbox before the London open.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Print
Share
ByEnver Adıgüzel
Editor and Publisher
Follow:
Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
Previous Article Retail & consumer Hungary retail sales fall 0.4% in June, up 3.0% on year
Next Article Rate decision Forint jumps on report MNB may pause rate cuts

Search

What we cover

MacroHerald covers the forces that move markets: central bank policy, inflation and growth data, currencies, commodities and sovereign debt — and the geopolitics behind them.

We keep reporting and opinion apart. News runs under Markets and Economy, argued pieces under Analysis, and plain-English background under Explainers.

Sections

  • Markets
    Currencies · Equities · Commodities · Rates & Bonds · Crypto
  • Economy
    Central Banks · Economic Data · Trade & Tariffs
  • Geopolitics
  • Analysis
  • Explainers

Editorial standards

We publish who we are and how we work, and we correct the record in public.

  • Editorial policy
  • Corrections
  • Advertising disclosure
  • About & contact
MacroHerald

MacroHerald reports on central bank policy, currencies, government bond markets and the economic data that move them — for readers who want the reasoning, not just the headline.

  • Markets
  • Economy
  • Geopolitics
  • Analysis
  • Explainers
  • About
  • Contact
  • Editorial Policy
  • Corrections
  • Privacy Policy
  • Terms of Use
  • Risk Disclaimer
  • Advertising Disclosure

Find Us on Socials

MacroHeraldMacroHerald
© 2026 MacroHerald. All rights reserved. MacroHerald publishes journalism and commentary; nothing on this site is investment advice.
  • Risk Disclaimer
  • Disclosure
  • Privacy

Privacy Policy · Terms of Use
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Privacy Policy · Terms of Use
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?