Market size and recent performance (2009-2024)
Industry revenue has declined at a CAGR of -0.9% over the past five years, to reach an estimated $1.2tr in 2019.
Trends and Insights
- Lower commodity prices have put a significant damper on total industry revenue
- Additional trends and insights available with purchase
Biggest companies in the Fuel and Lubricants Retailing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Petróleos Mexicanos | ||||
AutoZone Inc. | ||||
Nissan Motor Company Ltd. |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Propane, Heating oil and Automotive fuels. Propane is the largest segment of the Fuel and Lubricants Retailing in Mexico.
Trends and Insights
• Propane accounts for the largest share of industry revenue, estimated at 25.4% in 2019.
- Propane sales have increased during the current five-year period.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Fuel and Lubricants Retailing industry in Mexico is vast, generating more than MXN $1.2 trillion in revenue in 2019. The industry includes a variety of establishments, including those that specialize in the retail trade of fuels, such as gasoline and diesel, diaphanous oil, charcoal and firewood and liquid petroleum gas in cylinders and stationary tanks. Establishments in this segment account for the largest share of revenue, estimated at 52.7% in 2019. The industry also includes establishments that retail automobiles and trucks, such as pickup trucks and small commercial trucks, motorcycles and car parts and accessories. This includes the sale of new and used vehicles, as well as repair and maintenance services offered by industry establishments. Cumulatively, the industry's various automotive segments account for an estimated 47.3% of revenue in 2019.
What's included in this industry?
Selling heating oil to end usersSelling liquefied petroleum gas to end usersSelling other fuels to end usersSelling heating oil, propane and other fuels to businessesRetailing new and used automobiles and motorcyclesRetailing new and used vans and pick-up trucksRetailing auto-parts and accessories in conjunction with the sale of new or used automobiles or trucksFinancing of new or used automobiles, pickup trucks and vansSelling automotive parts and accessoriesDistributing automotive partsPropaneHeating oilAutomotive fuelsNew trucksNew carsCritical partsPerformance productsOtherCompanies
Petróleos MexicanosAutoZone Inc.Nissan Motor Company Ltd.Purchase this report to view all 4 major companies in this industry.
Related Terms
AFTERMARKETCAR FINANCINGHEATING OILHYBRIDLIGHT-DUTY VEHICLELIQUEFIED PETROLEUM (LP) GASPROPANEIndustry Code
NAICS 46812MX - Fuel and Lubricants Retailing in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
World price of crude oil. The world price of crude oil has a substantial influence on the price of fuel and lubricants, as crude oil is the most prominent input in their produ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Propane accounts for the largest share of industry revenue, estimated at 25.4% in 2019. Propane sales have increased during the current five-year period.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The location of establishments in the Fuel and Lubricants Retailing industry in Mexico is roughly in line with the distribution of the Mexican population due to the retail nat...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Ability to attract local support and patronage. Local patronage can help to stave off competition from electricity and natural gas, among other forms of support.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Petróleos Mexicanos (Pemex) is the largest operator in Fuel and Lubricants Retailing industry in Mexico. The company has a wide range of activities across the oil and gas supp...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Petróleos Mexicanos's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of AutoZone Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Nissan Motor Company Ltd.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Petróleos Mexicanos, and factors influencing its performance in the industry
- Description and key data for AutoZone Inc., and factors influencing its performance in the industry
- Description and key data for Nissan Motor Company Ltd., and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Fuel and Lubricants Retailing industry in Mexico is subject to a wide variety of regulations, dictated by the segment of the industry that companies operate in. The retail...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Fuel and Lubricants Retailing industry in Mexico in 2019?
The market size of the Fuel and Lubricants Retailing industry in Mexico is $1.2tr in 2019.
How many businesses are there in the Fuel and Lubricants Retailing in Mexico industry in 2019?
There are 76,521 businesses in the Fuel and Lubricants Retailing industry in Mexico, which has declined at a CAGR of 0.8% between 2014 and 2019.
Has the Fuel and Lubricants Retailing industry in Mexico grown or declined over the past 5 years?
The market size of the Fuel and Lubricants Retailing industry in Mexico has been at a CAGR of -0.9% between 2014 and 2019.
What is the forecast growth of the Fuel and Lubricants Retailing industry in Mexico over the next 5 years?
The Fuel and Lubricants Retailing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Fuel and Lubricants Retailing market in Mexico?
The biggest companies operating in the Fuel and Lubricants Retailing market in Mexico are Petróleos Mexicanos, AutoZone Inc. and Nissan Motor Company Ltd.
What does the Fuel and Lubricants Retailing in Mexico include?
Selling heating oil to end users and Selling liquefied petroleum gas to end users are part of the Fuel and Lubricants Retailing industry.
Which companies have the highest market share in the Fuel and Lubricants Retailing in Mexico?
The company holding the most market share in Mexico is Petróleos Mexicanos.
How many people are/were employed in the Fuel and Lubricants Retailing in Mexico in 2019?
There are 628k employed in the Fuel and Lubricants Retailing industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- Companies in this industry purchase petroleum products directly from bulk stations and sell them to retailers, including gas stations.
- Companies in this industry manufacture vehicles sold by the retailing industry.
- Companies in this industry operate and develop oil and gas field properties. Companies may operate oil and gas wells on their own account or for others on a contract or fee basis.
Methodology
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IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
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