×

We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Commodity Market Report

Australia retail fuels long-term outlook

Get this report

$4,750

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

31 January 2023

Australia retail fuels long-term outlook

Report summary

While gasoline-engine vehicles retain dominant position till 2040. The combined share of electric and hybrid vehicles is expected to reach around 55% of the passenger vehicle stock by 2050 to gain dominant position. The rise of alternatively-powered vehicles sees gasoline demand stagnate from 2019 while diesel demand is forecast to grow until the late 2040s. The country has a network of around 8,000 service stations and around 75% of retail service stations are located in the eastern states, namely New South Wales, Victoria and Queensland. Similar to some other developed markets, there is a strong presence of convenience store operators in the retail fuel market. These players often adopt a high volume, low margin model with the sale of higher margin non-fuel items offsetting the slim margins generated from fuel sales.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Australia Retail Fuels Long Term Outlook.pdf

    PDF 1.00 MB