Commodity Market Report
Estonia downstream oil long-term outlook
Report summary
With no domestic oil refining capacity, Estonia relies entirely on oil product imports from Finland and Lithuania to satisfy domestic demand. The country has a large marine bunker fuel market and has historically been an established transit route for Russian oil product exports. However, this has been on the decline as political tensions between the two countries rise, and Russia bolsters its northwestern port infrastructure. The Estonian government has made much progress in recent years to monitor and address its historic illicit 'grey' fuel market and introduced mandatory biofuel blending in transport fuels in 2018. Following LUKOIL's exit, the Estonian fuels market is now more concentrated than ever, with the top four players collectively accounting for over 90% of the retail market volume sales.
Table of contents
- Market drivers
- Outlook
-
Regulatory issues
- Overall position - net importer
-
Fuels retailing
- Volumes
- Overall network development
- Circle K (previously Statoil)
- Neste
- Independents
- Network efficiency
- Performance pacesetters in the retail market
-
Commercial fuels
- Fuel oil
- Fuels marketing margins
- Oil product storage infrastructure
Tables and charts
This report includes 19 images and tables including:
- Key demand indicators
- Overall demand
- Car parc by fuel type
- Demand forecast (kt)
- Trade balance
- Commercial fuel volumes
- Main products: monthly unit gross margins
- Main products: annual average unit gross margins
- Storage and distribution infrastructure
- Key trade partners
- Gasoline - net importer
- Diesel/gasoil - net importer
- Jet/kero - net importer
- Fuel oil - net importer
- Retail fuel volumes
- Retail outlets by brand
- Market shares
- Number of sites and average throughputs
- Network effectiveness ratio: ratio of share of fuel sales to share of sites
What's included
This report contains:
Other reports you may be interested in
07 August 2020
Serbia downstream oil long-term outlook
Commodity Market Report
Serbia downstream oil long-term outlook
NIS continues to dominate the Serbian oil products market as the country's sole refiner.
$4,75012 November 2020
Lithuania downstream oil long-term outlook
Commodity Market Report
Lithuania downstream oil long-term outlook
The Lithuanian retail fuel market is expected to consolidate further as the demand for road transport fuels peaks.
$4,75005 May 2021
Austria downstream oil long-term outlook
Commodity Market Report
Austria downstream oil long-term outlook
The Austrian downstream oil market is dominated by sole refiner OMV, but independent fuel retailers have been growing their market share
$4,750
