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Petroleum Refining in Germany - Market Research Report (2014-2029)

Chris Merklein Chris Merklein Frankfurt, Germany Last Updated: October 2024 WZ C19.20DE

Revenue

€114.7bn

2024

€114.7bn

Past 5-Year Growth

Profit

€X.Xbn

Employees

24,481

Businesses

84

Wages

€X.Xbn

Petroleum Refining in Germany industry analysis

The development of industry turnover is heavily dependent on the global market price for crude oil. Since 2019, industry turnover has risen by an average of 1.2% per year and is therefore expected to reach €114.7 billion in 2024. The coronavirus crisis and the Ukraine conflict have significantly increased the volatility of the crude oil price and thus the volatility of industry turnover. In 2020, the price of crude oil and industry sales collapsed due to the pandemic, while industry sales fell due to the drop in demand and the simultaneous fall in the price of oil. In the current year, the price of crude oil is likely to rise slightly, but industry sales are expected to fall due to low demand. IBISWorld expects industry turnover to fall by 7.1% in 2024.Society's growing environmental awareness, which is also resulting in stricter regulations and possible tax increases for oil manufacturers, and the increasing popularity of alternative forms of energy are threatening the industry. For example, the increasing number of electric cars on Germany's roads poses a risk to the industry. The number of cars registered in Germany is likely to continue to rise in 2024 despite increasing climate awareness and high fuel prices. This is mainly due to the continued high demand in rural areas. In large cities, on the other hand, people are increasingly switching to public transport, which is disadvantageous for the industry.In the next five years, turnover in the sector is expected to fall by an average of 5.8% per year. IBISWorld expects industry turnover to reach 85 billion euros in 2029. The number of industry players and employees is likely to fall slightly, partly due to the increasing importance of alternative forms of energy. In order to be able to react to changes in demand, companies are investing large sums in the development of new technologies. The aim is not only to make manufacturing processes more efficient and environmentally friendly, but also to research new fuels.

Trends and Insights

  • The oil companies were among the winners of the coronavirus pandemic and the Ukraine conflict. Due to the uncertain supply situation, they were able to push through higher profit mark-ups on the market.
  • Fuels based on mineral oil will increasingly be replaced by more environmentally friendly drive technologies in the future. As a result, other sectors such as the chemical industry will gain in importance as customers.
  • The largest number of sector companies is located in the centre region. A particularly large number of people need to be supplied there and numerous industrial customers are located there.
  • The mineral oil industry is dominated by a few large companies. However, smaller providers can hold their own on the market as highly specialised subcontractors.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 1.2 % over the past five years, to reach an estimated €114.7bn in 2024.

Trends and Insights

The oil companies exert extensive influence on prices for end customers

  • The five largest branded petrol station companies in Germany, Aral (BP), Shell, Jet (Phillips 66), Total and Esso (ExxonMobil), the so-called Big Five, are largely controlled directly or indirectly by oil companies. At these petrol stations, the petrol station leaseholders only sell the fuel on a commission basis, but it belongs to the oil companies until the time of sale. They can therefore also set the prices for the fuel.
  • Additional trends and insights available with purchase
Petroleum Refining in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

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

Trends and Insights

Biggest companies in the Petroleum Refining in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
BP Europa SE
22,032.7
Shell Deutschland GmbH
19,260.0
TotalEnergies Holdings Deutschland GmbH
12,757.4

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Petroleum Refining in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Diesel fuel, Petrol and Heating oil. Diesel fuel is the largest segment of the Petroleum Refining in Germany.

Trends and Insights

Demand for diesel fuels is falling

  • Diesel fuels are a mixture of hydrocarbons. Diesel is denser and heavier than petrol.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The mineral processing industry involves the production of fuels from crude oil, minerals and their fractionation products. Various products such as engine fuels, combustibles and lubricants are created in the processing process. The production of industrial gases is not part of the industry.

What's included in this industry?

Diesel fuelPetrolHeating oilRaw petrolBitumenParaffinLubricants

Companies

BP Europa SEShell Deutschland GmbHTotalEnergies Holdings Deutschland GmbH

Purchase this report to view all 5 major companies in this industry.

Related Terms

RENEWABLE ENERGIESFRACTIONINGPIPELINEBIG FIVEFREE PETROL STATIONSCETAN NUMBEREMISSIONS TRADINGHEAT PUMPE-FUELS

Industry Code

WZ 2008

WZ 19.20 - Petroleum Refining in Germany

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

The oil companies were among the winners of the coronavirus pandemic and the Ukraine conflict. Due to the uncertain supply situation, they were able to push through higher pr...

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 (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • 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

Fuels based on mineral oil will increasingly be replaced by more environmentally friendly drive technologies in the future. As a result, other sectors such as the chemical in...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

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
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

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

The largest number of sector companies is located in the centre region. A particularly large number of people need to be supplied there and numerous industrial customers are ...

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 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

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

The mineral oil industry is dominated by a few large companies. However, smaller providers can hold their own on the market as highly specialised subcontractors.

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 2019-2024
  • 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

The leading mineral oil companies have large refinery networks. Their business activities are broadly diversified and also include the operation of petrol stations and the sa...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of BP Europa SE's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Shell Deutschland GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of TotalEnergies Holdings Deutschland GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for BP Europa SE, and factors influencing its performance in the industry
  • Description and key data for Shell Deutschland GmbH, and factors influencing its performance in the industry
  • Description and key data for TotalEnergies Holdings Deutschland GmbH, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

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

Analyst insights

The mineral oil industry is subject to strict regulation. The companies are not allowed to exceed certain limits with regard to environmental pollution and are involved in em...

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 (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

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

The largest cost item for mineral oil companies is the cost of materials. This is primarily determined by the price of crude oil and is therefore subject to considerable fluc...

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 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

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 (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

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

What is the market size of the Petroleum Refining industry in Germany in 2024?

The market size of the Petroleum Refining industry in Germany is €114.7bn in 2024.

How many businesses are there in the Petroleum Refining in Germany industry in 2024?

There are 84 businesses in the Petroleum Refining industry in Germany, which has declined at a CAGR of 2.0 % between 2019 and 2024.

Has the Petroleum Refining industry in Germany grown or declined over the past 5 years?

The market size of the Petroleum Refining industry in Germany has been growing at a CAGR of 1.2 % between 2019 and 2024.

What is the forecast growth of the Petroleum Refining industry in Germany over the next 5 years?

Over the next five years, the Petroleum Refining industry in Germany is expected to decline.

What are the biggest companies in the Petroleum Refining market in Germany?

The biggest companies operating in the Petroleum Refining market in Germany are BP Europa SE, Shell Deutschland GmbH and TotalEnergies Holdings Deutschland GmbH

What does the Petroleum Refining in Germany include?

Diesel fuel and Petrol are part of the Petroleum Refining industry.

Which companies have the highest market share in the Petroleum Refining in Germany?

The company holding the most market share in Germany is BP Europa SE.

How competitive is the Petroleum Refining industry in Germany?

The level of competition is moderate and increasing in the Petroleum Refining industry in Germany.

Related Industries

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Competitors

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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 Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

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.