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Estonia’s Diesel Before Excise: Priciest in EU, Says Comparison

by Krystal

A recent price comparison compiled by Postimees reveals that diesel fuel prices in Estonia, excluding excise taxes, are the highest in the European Union. Additionally, 95-octane gasoline in the country ranks as the second most expensive across the bloc.

The report highlights a surprising contrast with Finland, where, despite higher fuel excise taxes, cheaper gasoline could be found at several gas stations this week.

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Indrek Sass, the pricing manager for motor fuels at Circle K Eesti, explained the situation: “While most EU member states have domestic fuel production, Estonia does not have a refinery. All fuel must be imported and stored in the country, which increases handling costs.”

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Tarmo Kärsna, energy sales area manager at Alexela, added that logistics also play a crucial role in fuel pricing, especially in countries without refineries. He noted that the Baltic states, where the nearest refinery is located in Mažeikiai, Lithuania, face similar challenges.

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The Postimees comparison further showed that, when including excise taxes, gasoline in Estonia is more expensive per liter than in many wealthier European countries, such as Austria and Belgium.

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