Mobile Menu

Fuel Wholesaling in Ireland - Market Research Report (2016-2031)

Ison Hau Ison Hau London, United Kingdom Last Updated: January 2026 SIC G46.710IE

Revenue

€24.1bn

2026

€24.1bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

4,523

Businesses

348

Wages

€XXX.Xm

Fuel Wholesaling in Ireland industry analysis

Volatile global oil prices, shifting government policy and the march towards decarbonisation have redefined the Fuel Wholesaling industry. Sales and revenue have been defined by price surges after Russia’s invasion of Ukraine and then falls as costs cooled through 2025 and into 2026. At the same time, a surge in electric vehicle adoption is shrinking the market for petrol and diesel, the two biggest products for fuel wholesalers. Policy-driven biofuel blending mandates have grown more stringent, with wholesalers investing in sustainable fuel options to cater to this growing demand. Revenue is expected to expand at a compound annual rate of 4.5% over the five years through 2026 to £24.1 billion, including a forecast dip of 1.9% in 2026. Still, volume growth has been muted as GDP performance remains sluggish and the transition to electric vehicles gains pace.

Trends and Insights

  • Oil price fluctuations drive price volatility and pressure profit. Major swings in crude prices, spurred by the Russia-Ukraine war, have inflated prices but weighed on sales.
  • Petrol stations drive the bulk of purchases but face long-term risks. Petrol stations, often vertically integrated with wholesalers, dominate fuel wholesalers’ sales, though the surge in EV adoption threatens this market’s future relevance.
  • Dublin offers wholesalers strong sales opportunities. Dublin’s economic strength, dense petrol station network and busy airport make the city a strong market for wholesalers.
  • Legal and compliance requirements deter new entrants. Strict licensing, safety and environmental regulations require significant expertise and ongoing investment.
Show more

Get more expert insights that help you cut through the noise.

Get fast answers to complex questions about your business or your client’s industry. Annual memberships include unlimited access to data and analysis for thousands of industries globally.

Get in Touch

Unlock Expert Insights with Full Platform Access

  • Human Driven & Verified Analysis
  • Structured Database Powering Workflows
  • Intelligent Tools Empowering Confident Decisions
  • Insight where-and how- you need them

How you can access insights on the Fuel Wholesaling in Ireland industry

The Fuel Wholesaling in Ireland Industry Report is available in multiple formats to fit seamlessly into your workflow.

IBISWorld Platform

Answer any industry question in minutes with our entire database at your fingertips.

Screen of the IBISWorld platform user interface Book a demo

API Data Delivery

Feed trusted, human-driven industry intelligence straight into your platform.

Code example of using the IBISWorld API API documentation

Integrations

Streamline your workflow with IBISWorld’s intelligence built into your toolkit.

Screen of Client Application integrating with IBISWorld data View integrations

Related Coverage

Understand the landscape with full access to an IBISWorld license

Industry Statistics and Trends

Market size and recent performance (2016-2031)

Industry revenue has grown at a CAGR of 4.5 % over the past five years, to reach an estimated €24.1bn in 2026.

Trends and Insights

The shift to electric vehicles eats into sales of petrol and diesel

  • According to the Society of Irish Motor Traders (SIMI), the share of new car registration accounted for by petrol and diesel vehicles dropped by 20.5% in 2025, marking the sharpest annual decline recorded. In contrast, SIMI reports that the market share for battery EVs expanded by 31% and plug-in hybrids by 47.9% in 2025. The slump in new petrol and diesel car sales is driving down demand for these fuels. As more consumers and fleets switch to electric vehicles (EVs), fuel orders are expected to dip further, limiting growth and reducing revenue opportunities for wholesalers.
  • Additional trends and insights available with purchase
Fuel Wholesaling in Ireland
Revenue (2016-2031)
IBISWorld Logo Source: IBISWorld

Industry outlook (2026-2031)

Market size is projected to decline over the next five years.

Trends and Insights

Rising import tariffs increase costs and risks for Irish fuel wholesalers

  • Ireland’s reliance on imported fuel make it especially sensitive to global trade policy shifts. The country has just one fuel refinery, in Whitegate, and according to owner Irving Oil, this meets only around 40% of Ireland’s transport and heating fuel demand. As a result, Ireland is heavily reliant on imported fuel, with the majority sourced from US refineries. This leaves wholesalers exposed to global market risks, making revenue more volatile.

Biggest companies in the Fuel Wholesaling in Ireland

Company
Market Share (%)
2026
Revenue (€m)
2026
Greenergy Fuels Ltd
1,444.3
DCC plc
760.0
McMullan Bros Ltd
252.7

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Fuel Wholesaling in Ireland
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Automotive diesel, Petrol and Jet fuel. Automotive diesel is the largest segment of the Fuel Wholesaling in Ireland.

Trends and Insights

Diesel is the most common road fuel, but it’s falling out of favour

  • Diesel is a liquid fuel designed to be used in diesel engines. Diesel engines use compression ignitions, rather than the spark ignition used by petrol engines.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The industry purchases fuel products and by-products from petroleum refineries to wholesale to petrol stations, electricity generators, aviation and shipping industries, commercial resellers, domestic suppliers and other industries. Companies wholesale charcoal, coal, coke, fuelwood, naphtha, crude oil, diesel fuel, petrol, fuel oil, heating oil, kerosene, greases, oils and gases such as liquefied petroleum gas (LPG), butane and propane.

What's included in this industry?

Products and services covered in the Fuel Wholesaling industry in Ireland include Automotive diesel, Petrol, Jet fuel and Biofuel.

Companies

Companies covered in the Fuel Wholesaling industry in Ireland include Greenergy Fuels Ltd, DCC plc and McMullan Bros Ltd.

Purchase this report to view all 3 major companies in this industry.

Related Terms

Related terms covered in the Fuel Wholesaling industry in Ireland include diesel, jet fuel and petroleum gases.

Industry Code

SIC 2007

SIC 46.71 - Fuel Wholesaling in Ireland

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Oil price fluctuations drive price volatility and pressure profit. Major swings in crude prices, spurred by the Russia-Ukraine war, have inflated prices but weighed on sales.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2016-2025) and forecast (2026-2031)
  • Employees, including historical (2016-2025) and forecast (2026-2031)
  • Businesses, including historical (2016-2025) and forecast (2026-2031)
  • Profit, including historical (2016-2026)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Petrol stations drive the bulk of purchases but face long-term risks. Petrol stations, often vertically integrated with wholesalers, dominate fuel wholesalers’ sales, though ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2026
  • Product innovation level

Charts

  • Products & services segmentation in 2026
  • Major market segmentation in 2026

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Dublin offers wholesalers strong sales opportunities. Dublin’s economic strength, dense petrol station network and busy airport make the city a strong market for wholesalers.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2026

Tables

  • Number and share of establishments in each region in 2026
  • Number and share of revenue each region accounts for in 2026
  • Number and share of wages each region accounts for in 2026
  • Number and share of employees in each region in 2026

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Legal and compliance requirements deter new entrants. Strict licensing, safety and environmental regulations require significant expertise and ongoing investment.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2021-2026
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

DCC focuses scales up its low-carbon offerings. DCC is strengthening its energy portfolio and investing in cleaner fuels, strengthening its position in the fuel wholesaling m...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2022 through 2026
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2026
  • Overview of Greenergy Fuels Ltd's performance by revenue, market share and profit margin from 2020 through 2026
  • Overview of DCC plc's performance by revenue, market share and profit margin from 2020 through 2026
  • Overview of McMullan Bros Ltd's performance by revenue, market share and profit margin from 2020 through 2026

Detailed analysis

  • Description and key data for Greenergy Fuels Ltd, and factors influencing its performance in the industry
  • Description and key data for DCC plc, and factors influencing its performance in the industry
  • Description and key data for McMullan Bros Ltd, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Industry associations upskill members. The Fuel Distributors Association of Ireland offers training, technical guidance and oversight to help members comply with regulations ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2016-2031) 
  • Assistance historical data and forecast (2016-2031) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Purchase costs dominate wholesalers’ cost structure. A high dependence on imports exposes wholesalers to global price swings and inflates their purchase costs.

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2016-2031)
  • Revenue per Employee (2016-2031)
  • Revenue per Enterprise (2016-2031)
  • Employees per Establishment (2016-2031)
  • Employees per Enterprise (2016-2031)
  • Average Wage (2016-2031)
  • Wages/Revenue (2016-2031)
  • Establishments per Enterprise (2016-2031)
  • IVA/Revenue (2016-2031)
  • Imports/Demand (2016-2031)
  • Exports/Revenue (2016-2031)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2016-2031)
  • IVA (2016-2031)
  • Establishments (2016-2031)
  • Enterprises (2016-2031)
  • Employment (2016-2031)
  • Exports (2016-2031)
  • Imports (2016-2031)
  • Wages (2016-2031)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Fuel Wholesaling industry in Ireland in 2026?

The market size of the Fuel Wholesaling industry in Ireland is €24.1bn in 2026.

How many businesses are there in the Fuel Wholesaling industry in Ireland in 2026?

There are 348 businesses in the Fuel Wholesaling industry in Ireland, which has declined at a CAGR of 0.5 % between 2021 and 2026.

How may import tariffs affect the Fuel Wholesaling industry in Ireland?

The Fuel Wholesaling industry in Ireland is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Fuel Wholesaling industry in Ireland?

The Fuel Wholesaling industry in Ireland is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Fuel Wholesaling industry in Ireland grown or declined over the past 5 years?

The market size of the Fuel Wholesaling industry in Ireland has been growing at a CAGR of 4.5 % between 2021 and 2026.

What is the forecast growth of the Fuel Wholesaling industry in Ireland over the next 5 years?

Over the next five years, the Fuel Wholesaling industry in Ireland is expected to decline.

What are the biggest companies in the Fuel Wholesaling industry in Ireland?

The biggest companies operating in the Fuel Wholesaling industry in Ireland are Greenergy Fuels Ltd, DCC plc and McMullan Bros Ltd

What does the Fuel Wholesaling industry in Ireland include?

Automotive diesel and Petrol are part of the Fuel Wholesaling industry in Ireland.

Which companies have the highest market share in the Fuel Wholesaling industry in Ireland?

The company holding the most market share in the Fuel Wholesaling industry in Ireland is Greenergy Fuels Ltd.

How competitive is the Fuel Wholesaling industry in Ireland?

The level of competition is high and steady in the Fuel Wholesaling industry in Ireland.

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Ireland include:

  • Central Statistics Office
  • Department of Enterprise, Trade and Employment
  • Irish Tax & Customs

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.

feedback