Spilling revenue: Surging oil prices are causing revenue to follow suit in 2022-23
Revenue in the fuel distribution industry has been volatile in recent years, as it has followed trends in global crude oil prices, which have see-sawed significantly. Crude oil prices dropped in the wake of the COVID-19 outbreak followed by an undersupply of oil as the global economy reopened from pandemic restrictions. Industry revenue is expected to grow at a compound annual rate of 6.5% over the five years through 2023 reaching €18.3 billion, aided by rising fuel prices.
The industry purchases fuel products and by-products from petroleum refining firms to wholesale to petrol stations, electricity generators, aviation and shipping industries, commercial resellers, domestic suppliers, and other industries. Firms in the industry wholesale charcoal, coal, coke, fuelwood, naphtha, crude oil, diesel fuel, petrol, fuel oil, heating oil, kerosene, greases, oils and gases such as liquefied petroleum gas (LPG), butane and propane.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DCC plc
Methodology
LOADING...
