Commodity Market Report
Thailand retail fuels long-term outlook
Report summary
Gasoline and diesel demand used in road transport are forecasted to grow out to 2035, driven by increasing car ownership and freight movements in the commercial sector. Beyond 2035, carbon-based road fuel demand begins to decline, chiefly due to the electrification of the passenger car fleet. The Thai retail market is dominated by five companies, accounting for over 90% of the overall fuel retail business by sales volume.
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