Fuel Retailers in Mexico - Industry Market Research Report

Fuel Retailers in Mexico - Industry Market Research Report

  • May 2019 •
  • 23 pages •
  • Report ID: 5894983 •
  • Format: PDF
Fired up: The Mexican fuel market has opened up to private companies, boosting competition

Abstract

Fuel Retailers in Mexico
The Fuel Retailers industry in Mexico includes companies that sell fuels, such as gasoline and diesel, diaphanous oil, charcoal and firewood, liquid petroleum gas and natural gas to a variety of downstream residential and commercial clients. The majority of industry revenue is derived from the sale of propane, which accounts for nearly half industry revenue in 2019. Mexico’s energy-related industries have experienced drastic changes over the past five years. Historically, the Mexican energy market was dominated by Petróleos Mexicanos (Pemex), the largely state-owned integrated oil and gas company. However, over the past decade, Mexico launched a series of sweeping reforms across the energy market, leading to its economic liberalization. In 2013, the Mexican constitution was amended to open up the energy market to private companies, permitting them to invest in domestic exploration activities and bid for the rights to participate in exploration and extraction activities. Over the five years to 2024, the Fuel Retailers industry in Mexico is expected to experience moderate gains as a result of a slight uptick in world energy prices.

This industry includes companies involved in the retail trade of fuels, such as gasoline and diesel, diaphanous oil, charcoal and firewood; liquid petroleum gas; and natural gas. This industry excludes companies that supply natural gas by pipelines to the final consumer, and to the wholesale trade of industrial fuels, such as liquid petroleum gas, gasoline, diesel and biofuels, among others.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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