Fuel Retailing in Australia - IBISWorld Industry Market Research

Fuel Retailing in Australia

Fuel Retailing in Australia - IBISWorld Industry Market Research
Fuel Retailing in Australia
Published Jan 21, 2015
31 pages — Published Jan 21, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


Fuel retailers have suffered through significant revenue volatility over the past five years. Following the global financial crisis, the world price of crude oil fell by 36.3% in 2008-09. This contributed to a reduction in retail petrol prices in the following years and adversely affected industry revenue in 2009-10 and 2010-11. Revenue recovered in 2011-12 as petrol prices soared, only to fall again in 2012-13. The recent oil price plunge is expected to flow on to a reduction in pump prices for consumers in 2014-15. As fuel is a largely inelastic good, this will significantly erode revenue for industry operators, with revenue anticipated to decline by 7.8% this year.

Firms in the industry sell automotive fuel or lubricating oils at the retail level, typically at a service station. Participants also retail convenience store goods and provide services such as car washing as a supplement to fuel sales.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Fuel Retailing in Australia" Jan 21, 2015. Alacra Store. May 23, 2018. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Fuel-Retailing-in-Australia-2042-2713>
IBISWorld Industry Market Research. (2015). Fuel Retailing in Australia Jan 21, 2015. New York, NY: Alacra Store. Retrieved May 23, 2018 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Fuel-Retailing-in-Australia-2042-2713>
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