[REVISION HISTORY]

Balkans heating fuel price surge

Updated 10 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-11 07:05 UTC → 2026-09-11 12:38 UTC · added ~~removed~~

In mid‑July 2026, heating fuel prices began climbing sharply across the Balkans. In Bosnia and Herzegovina (BiH), pellet prices jumped to 600–722 KM per tonne, while split firewood rose by about 20 KM per cubic metre. Serbia saw pellet costs rise by 2,000–4,000 dinars per tonne, reaching approximately 38,000–44,000 dinars. Suppliers blamed strong pre‑winter demand, higher production and fuel costs, and limited capacity. By mid-August, the situation in BiH intensified. Producers like Drvoprodex in Banja Luka reported being unable to accept new orders due to capacity constraints, with pellet prices reaching 760 KM per tonne. Raw material shortages pushed retail pellet prices as high as 830 KM per tonne by August 17. Goran Ivanović, President of the Association of Certified Pellet Producers in BiH, noted that production is being “immediately sold upon manufacture due to empty stocks.” ~~In Serbia, Belgrade warehouses reported prices between 40,000 and 50,000 dinars per ton.~~ By early September, shortages in the forestry ~~sector, exacerbated by a delayed forest entry due to a long winter,~~ sector continued to impact the market. ~~While prices in Republika Srpska reached up to 600 KM per ton, prices in the Federation of BiH were approximately 50 KM higher.~~ In urban centers like Sarajevo, Mostar, and Tuzla, resellers drove pellet prices as high as 900 KM per ton. ~~Ivanović warned that these hikes are driven by resellers rather than producers. Janko Petrović, Vice President of the Union of Employers' Associations~~ As of ~~Republika Srpska, noted that the wood industry has faced challenges for three years, leading to a significant drop in production. Natural gas users~~ September 9, fuel prices in the Federation of BiH ~~also face~~ are trending upward, with diesel averaging 3.49 KM per liter and Super 95 gasoline at 3.16 KM. To mitigate rising ~~expenses following~~ costs, the government of Republika Srpska has extended a ~~government-approved 14.42 percent price increase, driven by higher procurement costs from Gazprom Export due~~ subsidy of 10 fenning per liter of fuel, having already returned approximately 14 million KM to ~~geopolitical instability~~ citizens and ~~global market fluctuations.~~ businesses. In Serbia, the government has implemented additional excise tax reductions to prevent fuel prices from rising by at least four dinars per liter.

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