Bulk Fuel Storage in Australia - Industry Market Research Report

Hole in the Tank: the Covid-19 Pandemic Has Reduced Industry Demand and Revenue

Operators in the Bulk Fuel Storage industry have experienced volatile operating conditions over the past five years. The industry is dominated by global vertically integrated petroleum giants. Their activities cover the whole supply chain from oil production, fuel refining and storage, to fuel wholesaling and retailing. The Bulk Fuel Storage industry effectively captures just one segment of this process. The major players separate the activities of the supply chain into different business groups. Firms that solely provide bulk fuel storage services charge upstream refineries a fee to store their fuel before these products are distributed to downstream retailers. The industry has benefited from the closure of local fuel refineries over the past five years, which has increased Australia's reliance on imported fuel. This spurred the development of new fuel import terminals and investment in fuel storage infrastructure.

Companies in the industry store large quantities of fuel and operate fuel import terminals. This fuel is not processed or transformed while it is in storage.

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's key players and their market shares.