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UK SIC G46.710 | Industry Report

Fuel Wholesaling in the UK Industry Data and Analysis

IH
Ison Hau
Analyst London, United Kingdom November 2025

The UK Fuel Wholesaling industry is navigating a period of marked transition, underscored by rising uptake of electric vehicles and sustained pressure from environmental regulation. Major urban centres have seen rapid declines in diesel and petrol purchases in response to the expansion of low-emission zones and the UK’s strengthened emissions mandates. At the same time, volatility in crude oil prices since 2021, influenced by the aftermath of the Russia-Ukraine conflict and tightening global supplies, has kept input costs elevated. Wholesalers have responded by passing on higher costs to customers, but these nominal revenue gains mask a steady decline in fuel volumes, which has trimmed economies of scale and squeezed profit. Squeezed margins have eroded profit, with the industry’s average margin falling below the benchmark of the broader wholesale sector. Larger companies have managed to maintain resilience by leveraging automation and scale, but smaller firms continue to face rising compliance and wage costs that threaten their long-term viability. Revenue is expected to expand at a compound annual rate of 7.8% over the five years through 2025-26 to £395.2 billion, including a dip of 7.3% in 2025-26.

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What's included in this industry analysis

IBISWorld's research coverage on the Fuel Wholesaling industry in the United Kingdom includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released November 2025.

About this industry

What's this industry report about?

The Fuel Wholesaling industry in the United Kingdom operates under the SIC industry code G46.710. Companies in this industry sell a range of fuel products and some byproducts from the petroleum refining process. The industry includes the wholesale of charcoal, coal, coke, fuel wood, naphtha, crude oil, diesel fuel, petrol, fuel oil, heating oil and kerosene. The industry also includes the wholesale of greases, oils and gases like liquefied petroleum gas (LPG), butane and propane. Related terms covered in the Fuel Wholesaling industry in the United Kingdom include diesel, jet fuel, petroleum gases, opec+ and hydrocarbons.

What's included in this industry?

Products and services covered in Fuel Wholesaling industry in the United Kingdom include Petrol, Automotive diesel and Biofuel.

What companies are included in this industry?

Companies covered in the Fuel Wholesaling industry in the United Kingdom include Greenergy Fuels Ltd, Esso Petroleum Company Ltd and DCC plc.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Fuel Wholesaling industry in the United Kingdom.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Fuel Wholesaling industry in the United Kingdom.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Fuel Wholesaling industry in the United Kingdom.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Fuel Wholesaling industry in the United Kingdom. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Fuel Wholesaling industry in the United Kingdom. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Fuel Wholesaling industry in the United Kingdom. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Fuel Wholesaling industry in the United Kingdom. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Fuel Wholesaling industry in the United Kingdom.

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Frequently Asked Questions

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

The market size of the Fuel Wholesaling industry in the United Kingdom is £395.2bn in 2026.

How many businesses are there in the Fuel Wholesaling industry in the United Kingdom in 2025?

There are 1,285 businesses in the Fuel Wholesaling industry in the United Kingdom, which has declined at a CAGR of 1.0 % between 2020 and 2025.

How may import tariffs affect the Fuel Wholesaling industry in the United Kingdom?

The Fuel Wholesaling industry in the United Kingdom 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 the United Kingdom?

The Fuel Wholesaling industry in the United Kingdom 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 the United Kingdom grown or declined over the past 5 years?

The market size of the Fuel Wholesaling industry in the United Kingdom has been growing at a CAGR of 7.8 % between 2020 and 2025.

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

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

What are the biggest companies in the Fuel Wholesaling industry in the United Kingdom?

The biggest companies operating in the Fuel Wholesaling industry in the United Kingdom are Greenergy Fuels Ltd, Esso Petroleum Company Ltd and DCC plc

What does the Fuel Wholesaling industry in the United Kingdom include?

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

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

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

How competitive is the Fuel Wholesaling industry in the United Kingdom?

The level of competition is high and increasing in the Fuel Wholesaling industry in the United Kingdom.

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