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Andorra Fuel Prices Surge Up to 17% in April 2026 Amid Middle East Conflict

Imports plummet 15% to five-year low despite higher values; exports jump 41% led by transport equipment as price edge over Spain erodes.

Synthesized from:
Diari d'AndorraEl PeriòdicBon Dia+3

Key Points

  • Fuel prices in Andorra surged up to 17.2% in April 2026 due to Middle East conflict and eroding price edge over Spain.
  • Fuel imports dropped 15.2% YoY to 11.14M litres, lowest April in 5 years, but values rose 12.6% to €166.74M.
  • Exports jumped 41% to €20.99M, led by transport equipment tripling to €8.39M.
  • Non-energy imports grew 13.4%, driven by industrial goods and construction materials.

Fuel prices in Andorra climbed sharply across all categories in April 2026, driven by the Middle East conflict—particularly the outbreak involving Iran—and the erosion of price advantages over Spanish retailers, including low-cost chains. Store-sold heating diesel posted the largest monthly gain at 17.2%, with domestic heating diesel up 16.8%, standard transport diesel 16%, premium transport diesel 15.7%, 95-octane unleaded petrol 10%, and 98-octane 9.6%.

Year-on-year, the increases were steeper: store-sold heating diesel rose 48.7%, domestic heating diesel 47%, standard transport diesel 43.3%, premium transport diesel 42%, 95-octane petrol 20.3%, and 98-octane 19.3%. One report noted a 6.7% annual rise for heating diesel, though most data supported the higher figures. For January-April 2026 versus 2025, transport diesel increased 10-10.5%, petrol 1.8-1.9%, and heating diesel 14-15%. Over the prior 12 months, vehicle fuels were largely stable or down slightly—standard transport diesel -0.01%, premium -0.1%, 95-octane -3.8%, 98-octane -3.7%—while heating diesel gained 1.7-2%.

Amid these price hikes, fuel imports fell 15.2% year-on-year to 11.14 million litres in April—the lowest April volume in five years outside pandemic effects—and dropped 32.2% from March. Domestic heating diesel imports declined 39.7% annually and 65.5% monthly, transport diesel eased 5.8% to 6.14 million litres, and petrol fell 8.3% to 2.9 million litres. January-April totals reached 57.97 million litres, down 3.8% from 60.2 million in 2025; domestic heating diesel rose 2.2% due to harsh winter demand, but transport diesel dropped 9% and petrol 3.3%. Trailing 12-month imports totalled 161.72 million litres, a 1.5% decrease from 164.15 million.

Despite lower volumes, import values rose 12.6% to €166.74-166.75 million in April from €148 million the prior year and March. January-April values hit €645 million, up 3.6%; year-to-date energy imports fell 21.4%. Non-energy imports grew 13.4%, led by industrial goods (+26-26.4%), transport equipment (+29-29.3% to €36.46 million), construction materials (+31-53.9% to €12.82 million), jewellery (+33-69%), and other goods (+14-24.8%). Declines included pharmacy and perfumery (-8.8%), clothing and footwear (-8.9%), electronics (-3.7% to -9%), and beverages and tobacco (-6.5%). Twelve-month imports reached €2.02 billion, up 8%.

Exports surged 41% to €20.99 million in April, propelled by transport equipment which tripled to €8.39-8.394 million (+182.9%). Other gains included electronics (+16.1%), food (+41.7%), and construction (+27.4%); losses hit pharmacy and perfumery (-47.8%), clothing and footwear (-9.3%), and other goods (-9.4% to -44.5%). January-April exports totalled €68.31 million (+9.1%), with 12-month figures at €202.91 million (+6.7%).

The Statistics Department released the data on Monday, linking reduced fuel demand to vanishing price gaps with Spain, where fiscal measures by Pedro Sánchez's government have made cross-border options more competitive. Seasonally adjusted figures showed imports up 1.3% monthly in April, while exports dipped 0.2% from March.

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