Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#16 In EuropeBusiness
#20 In EuropeEmployees
#25 In EuropeWages
#14 In EuropeFuel wholesalers have come up against hugely volatile markets in recent years. The COVID-19 outbreak and subsequent travel restrictions and lockdowns led to a standstill in global transport activity, driving a sharp drop in fuel prices and sales in 2020. Air passenger numbers tanked by 73% in the EU in 2020, according to the European Commission, driving a sharp drop off in demand for jet fuel. OPEC+ manipulates world crude oil prices by adjusting production quotas and collaborating with other producers.
Enterprises
Number of businesses in 2024
Biggest companies in the Fuel & Related Product Wholesaling in Norway
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
TotalEnergies SE | 197,782.3 | 22,183.8 | 11.2 | |
DCC plc | 23,450.3 | 628.2 | 2.7 |
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Top Questions Answered in this Report
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What is the market size of the Fuel & Related Product Wholesaling industry in Norway in 2024?
The market size of the Fuel & Related Product Wholesaling industry in Norway is €12.7bn in 2024.
How many businesses are there in the Fuel & Related Product Wholesaling in Norway industry in 2024?
There are 267 businesses in the Fuel & Related Product Wholesaling industry in Norway, which has grown at a CAGR of 0.6 % between 2019 and 2024.
Has the Fuel & Related Product Wholesaling industry in Norway grown or declined over the past 5 years?
The market size of the Fuel & Related Product Wholesaling industry in Norway has been declining at a CAGR of 9.5 % between 2019 and 2024.
What is the forecast growth of the Fuel & Related Product Wholesaling industry in Norway over the next 5 years?
Over the next five years, the Fuel & Related Product Wholesaling industry in Norway is expected to decline.
What are the biggest companies in the Fuel & Related Product Wholesaling market in Norway?
The biggest companies operating in the Fuel & Related Product Wholesaling market in Norway are TotalEnergies SE and DCC plc
What does the Fuel & Related Product Wholesaling in Norway include?
Automotive diesel and petrol and Jet fuel are part of the Fuel & Related Product Wholesaling industry.
Which companies have the highest market share in the Fuel & Related Product Wholesaling in Norway?
The company holding the most market share in Norway is TotalEnergies SE.
How competitive is the Fuel & Related Product Wholesaling industry in Norway?
The level of competition is moderate and steady in the Fuel & Related Product Wholesaling industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Companies in this industry sell a range of fuel products and some by-products from the petroleum refining process. The industry includes the wholesale of charcoal, coal, coke, fuel wood, naptha, crude oil, diesel fuel, petrol, fuel oil, heating oil and kerosene. The industry also includes the wholesale of greases, oils and gases such as liquefied petroleum gas (LPG), butane and propane.
Related Terms
OPEC+ JET FUEL DIESELWhat's included in this industry?
Automotive diesel and petrolJet fuelBiofuelCompanies
TotalEnergies SEDCC plcIndustry Code
4661 - Wholesale of solid, liquid and gaseous fuels and related products in Norway
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Fuel & Related Product Wholesaling in Norway industry?
Outlook
Analysis
What's driving the Fuel & Related Product Wholesaling in Norway industry outlook?
Volatility
Analysis
What influences volatility in the Fuel & Related Product Wholesaling in Norway industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Fuel & Related Product Wholesaling in Norway industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Weak air passenger numbers hold back jet fuel sales. Demand for jet fuel remains below its pre-pandemic level as the cost-of-living crisis and rising environmental awareness dampen the number of flights.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Fuel & Related Product Wholesaling in Norway industry's products and services performing?
Analysis
What are innovations in the Fuel & Related Product Wholesaling in Norway industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Fuel & Related Product Wholesaling in Norway industry?
International Trade
Highlights
- Total Imports into Norway
- Total Exports into Norway
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
A handful of players dominate at a regional level. Companies like Shell, BP and Total have substantial market share in their main markets due to their extensive distribution networks.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Fuel & Related Product Wholesaling in Norway located?
Companies
Data Tables
Top 2 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Fuel wholesalers must abide by stringent regulations. The supply of fuel creates a number of environmental and safety risks, meaning the industry is highly regulated.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Fuel & Related Product Wholesaling in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Achieving economies of scale proves key to keeping costs down. Large wholesaling operators can leverage their size to buy in bulk, helping to lower purchase costs.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Fuel & Related Product Wholesaling in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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