• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

GCCA: Fuel imports rise in 2024, market remains competitive

by Mariam Razmadze
February 12, 2025
in Business & Economy, News
Reading Time: 1 min read
GCCA: Fuel imports rise in 2024, market remains competitive

Photo: British Petroleum.

The Georgian Competition and Consumer Agency (GCCA) recently published a 2024 auto fuel market report revealing increased imports and stable market conditions.

Per the report, in 2024, there were 47 companies actively engaged in the sector’s activities, with 1.67 billion liters of gasoline and diesel imported, an 8.2% rise, while the total import value reached 2.78 billion GEL. Despite the growth, the market remained low in concentration and the three biggest importers held 44% of the total imports. 

Russia was still the primary supplier, accounting for 54% of fuel imports, however, its share declined from 2023. Bulgaria followed by 16.7% and Romania with 14.7%.

At the retail level:

  • 383 companies operated 1,238 gas stations across the country.
  • The five largest companies controlled 67.1% of the market, with 500 stations.
  • The HHI index for retail was 1,190, revealing a low-concentration market with stable competition.

There were fluctuations in fuel prices throughout the year, with prices falling in January and February but rising again in March and June because of increased import costs. Import costs declined again over the July-September span, nevertheless, retail prices decreased from September 23 to October.

 

Tags: fuel pricesGCCA
ShareShareTweet

Related Posts

Nika Melia charged for splashing water on a judge
News

Nika Melia charged for splashing water on a judge

June 20, 2025
TI Georgia accuses ACB head of hiding Ivanishvili’s asset disclosure
Business & Economy

TI Georgia accuses ACB head of hiding Ivanishvili’s asset disclosure

June 20, 2025
PMCG: Number of high earners doubles in Georgia, gender gaps remain
Business & Economy

PMCG: Number of high earners doubles in Georgia, gender gaps remain

June 20, 2025

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

1 month ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

12 months ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

1 year ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

3 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

3 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

3 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

3 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

3 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Ukraine Latest: Massive Russian Attack Kills 28, Injures 134 in Kyiv

Georgian NGOs Decry ‘Russian-Style’ Data Demands from Gov’t

EU Condemns Georgia’s Media Crackdown, Demands Release of Journalist Mzia Amaglobeli

MEP Kols: I strongly demanded strict sanctions against the regime suffocating democracy in Georgia

EU Parliament urges immediate release of Amaglobeli, Devdze, Japaridze, Melia, Gvaramia & Saakashvili

Economist Khishtovani: Business climate in Georgia continues to deteriorate

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2024 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2024 © Georgia Today