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Fuel & Related Product Wholesaling in the UK - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Krasimir Dinev Krasimir Dinev London, United Kingdom Last Updated: July 2025 SIC UK-G4661

Revenue

£1.7tr

2025-26

£1.8tr

Past 5-Year Growth

Profit

£XX.Xbn

Employees

605k

Businesses

76,848

Wages

£XX.Xbn

Fuel & Related Product Wholesaling in the UK industry analysis

Fuel 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.

Trends and Insights

  • Sanctions on Russia push up prices. Following its invasion of Ukraine, the EU and other western nations placed severe sanctions on Russia, including a ban on Russian fuel imports, pushing prices up and driving revenue growth for wholesalers.
  • 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.
  • 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.
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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 the United Kingdom in 2025?

The market size of the Fuel & Related Product Wholesaling industry in the United Kingdom is £1.7tr in 2025.

How many businesses are there in the Fuel & Related Product Wholesaling industry in the United Kingdom in 2025?

There are 76,848 businesses in the Fuel & Related Product Wholesaling industry in the United Kingdom, which has grown at a CAGR of 5.2 % between 2020 and 2025.

Has the Fuel & Related Product Wholesaling industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Fuel & Related Product Wholesaling industry in the United Kingdom has been growing at a CAGR of 5.5 % between 2020 and 2025.

What is the forecast growth of the Fuel & Related Product Wholesaling industry in the United Kingdom over the next 5 years?

Over the next five years, the Fuel & Related Product Wholesaling industry in the United Kingdom is expected to grow.

What does the Fuel & Related Product Wholesaling industry in the United Kingdom include?

Automotive diesel and petrol and Jet fuel are part of the Fuel & Related Product Wholesaling industry in the United Kingdom.

How competitive is the Fuel & Related Product Wholesaling industry in the United Kingdom?

The level of competition is high and steady in the Fuel & Related Product Wholesaling industry in the United Kingdom.

Everything you need in one report

  • Reliable market estimates from 2015-2030
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

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.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Fuel & Related Product Wholesaling in the UK 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.

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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 the UK industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

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 (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Methodology

Where does IBISWorld source its data?

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