Mobile Menu
Norway
NO NO-G4661 | Industry Report | Factsheet

Fuel & Related Product Wholesaling in Norway Industry Data and Analysis

KD
Krasimir Dinev
Analyst London, United Kingdom July 2025

Fuel wholesalers have come up against hugely volatile markets in recent years. The COVID-19 outbreak and subsequent travel restrictions and lockdowns led to a standstill in global transport activity, driving a sharp drop in fuel prices and sales in 2020. Air passenger numbers tanked by 73% in the EU in 2020, according to the European Commission, driving a sharp drop off in demand for jet fuel. OPEC+ manipulates world crude oil prices by adjusting production quotas and collaborating with other producers.

Continue reading

Access this data your way

The Fuel & Related Product Wholesaling in Norway Industry analysis is available in multiple formats to fit seamlessly into your workflow.

IBISWorld Industry Report platform

IBISWorld Platform

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

Screen of code example for the IBISWorld api

API Data Delivery

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

IBISWorld Data integration with a Client user interface

Integrations

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

What's included in this industry analysis

IBISWorld's research coverage on the Fuel & Related Product Wholesaling industry in Norway includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released July 2025.

About this industry

What's this industry report about?

The Fuel & Related Product Wholesaling industry in Norway operates under the industry code NO-G4661. Companies in this industry sell a range of fuel products and some by-products from the petroleum refining process. The industry includes the wholesale of charcoal, coal, coke, fuel wood, naptha, crude oil, diesel fuel, petrol, fuel oil, heating oil and kerosene. The industry also includes the wholesale of greases, oils and gases such as liquefied petroleum gas (LPG), butane and propane. Related terms covered in the Fuel & Related Product Wholesaling industry in Norway include opec+ , jet fuel and diesel .

What's included in this industry?

Products and services covered in Fuel & Related Product Wholesaling industry in Norway include Petrol and diesel , Biofuel and Jet fuel.

What companies are included in this industry?

Companies covered in the Fuel & Related Product Wholesaling industry in Norway include TotalEnergies SE 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 & Related Product Wholesaling industry in Norway.

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 & Related Product Wholesaling industry in Norway.

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 & Related Product Wholesaling industry in Norway.

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 & Related Product Wholesaling industry in Norway. 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 & Related Product Wholesaling industry in Norway. 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 & Related Product Wholesaling industry in Norway. 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 & Related Product Wholesaling industry in Norway. 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 & Related Product Wholesaling industry in Norway.

Trusted by industry professionals

More than 6,000 businesses use IBISWorld to shape local and global economies

We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.

BDO logo

IBISWorld delivers the crisp business knowledge we need to drive our business.  Whether it be serving up our major clients, winning new business or educating  on industry issues, IBISWorld brings real value.

PWC logo

IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.

Australian Trade and Investment Commission logo

When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.

Citi Bank logo

10,000,000+ Data points

100% Industry analyst verified

50,000 + Industry titles

Frequently Asked Questions

What is the market size of the Fuel & Related Product Wholesaling industry in Norway in 2026?

The market size of the Fuel & Related Product Wholesaling industry in Norway is €17.1bn in 2026.

How many businesses are there in the Fuel & Related Product Wholesaling industry in Norway in 2025?

There are 262 businesses in the Fuel & Related Product Wholesaling industry in Norway, which has declined at a CAGR of 0.2 % between 2020 and 2025.

Has the Fuel & Related Product Wholesaling industry in Norway grown or declined over the past 5 years?

The market size of the Fuel & Related Product Wholesaling industry in Norway has been growing at a CAGR of 4.8 % between 2020 and 2025.

What is the forecast growth of the Fuel & Related Product Wholesaling industry in Norway over the next 5 years?

Over the next five years, the Fuel & Related Product Wholesaling industry in Norway is expected to decline.

What are the biggest companies in the Fuel & Related Product Wholesaling industry in Norway?

The biggest companies operating in the Fuel & Related Product Wholesaling industry in Norway are TotalEnergies SE and DCC plc

What does the Fuel & Related Product Wholesaling industry in Norway include?

Automotive diesel and petrol and Jet fuel are part of the Fuel & Related Product Wholesaling industry in Norway.

Which companies have the highest market share in the Fuel & Related Product Wholesaling industry in Norway?

The company holding the most market share in the Fuel & Related Product Wholesaling industry in Norway is TotalEnergies SE.

How competitive is the Fuel & Related Product Wholesaling industry in Norway?

The level of competition is moderate and steady in the Fuel & Related Product Wholesaling industry in Norway.

Cut through the noise with intelligence you can trust

/img/content/home/cta-image-1.webp
/img/content/home/cta-image-2.webp
/img/content/home/cta-image-3.webp
/img/content/home/cta-image-4.webp
/img/content/home/cta-image-5.webp