Commodity Market Report

Thailand retail fuels long-term outlook

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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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    Thailand Retail Fuels Long Term Outlook.pdf

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