Businesses in the Fuel Retailing industry have contended with volatile operating conditions. Fluctuating global crude oil, diesel fuel and petrol fuel prices have severely impacted the industry. A global oversupply of oil, compounded by sharply deteriorating demand because of the pandemic in 2019-20, reduced oil prices over the second half of that year. This trend filtered downstream through lower retail fuel prices, sharply reducing industry revenue in the same year. However, the Russia-Ukraine conflict caused a global crude oil supply deficit, heightening oil prices and boosting industry revenue as retailers passed costs on to customers. IBISWorld modelling projects revenue to climb by an annualised 4.4% over the five years through 2024-25 to $58.7 billion. This trend includes a dip of 4.5% in 2024-25, caused by a moderation of global crude oil prices. The industry's main fuel-related products are petroleum and diesel. Diesel sales have grown as more motorists have switched to diesel vehicles, which typically offer greater fuel economy. Energy-efficient hybrid or electric vehicles have become increasingly popular with motorists, threatening fuel demand. Industry profit margins are slim, with a high fuel turnover required to make a business viable. Most industry profit comes from selling non-fuel products like confectionery and tobacco. The recent hikes in US crude oil production are helping combat the deliberate slowing of OPEC+ drilling activity, which the alliance has performed to support crude oil prices. If plans to restart maximum capacity drillings come to fruition, world fuel prices will recede, providing relief at the bowser for domestic consumers and resulting in greater overall fuel consumption. Industry revenue is expected to strengthen at an annualised 1.1% through 2029-30 to $62.2 billion, partly thanks to a rising number of motor vehicles. Continued uptake of more fuel-efficient vehicles like hybrid cars is poised to constrain fuel demand growth. Still, the energy transition presents an opportunity for market domination for fuel retailers that adapt by rolling out EV charging stations.

In the fourth quarter of 2024, the average retail petrol price in Australia was ***** cents per liter. This marked a decrease compared to ***** cents per liter in the third quarter of 2023.

Gasoline Prices in Australia increased to 1.17 USD/Liter in June from 1.14 USD/Liter in May of 2025. This dataset provides the latest reported value for - Australia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fuel Prices from Queensland service stations. Available as CSV and API.

Hong Kong had the highest prices for premium gasoline (95-RON) on May 12, 2025. That day, prices averaged 3.44 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around 2 U.S. dollars per liter.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Fuel Prices from Queensland service stations. Available as CSV and API.

The Australian used car market, valued at $69.90 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 10.12% from 2025 to 2033. This surge is driven by several factors. Firstly, increasing affordability compared to new vehicles makes used cars a more accessible option for a wider range of buyers, particularly younger demographics and budget-conscious consumers. Secondly, the rising popularity of online marketplaces like Gumtree and Carsales.com.au has streamlined the buying and selling process, boosting market transparency and facilitating quicker transactions. Furthermore, the growing preference for SUVs and multi-purpose vehicles (MPVs) is shaping market segmentation, with these categories experiencing disproportionately high demand. However, challenges exist. Fluctuations in fuel prices and the increasing adoption of electric vehicles (EVs) could influence buyer preferences in the coming years. Moreover, stringent vehicle inspection regulations and concerns regarding vehicle history could act as restraints on market expansion. The market's diverse structure, encompassing organized dealerships alongside informal sales channels, further contributes to its dynamic nature. Organized dealerships benefit from established reputations and warranties, while the unorganized sector offers potentially lower prices. The market's regional distribution likely mirrors Australia's population density, with major cities like Sydney and Melbourne contributing significantly to overall sales. While precise regional breakdowns are unavailable, the provided global regional segmentation suggests a concentration within Australia's urban centers. Future growth will depend on managing the evolving landscape of consumer preferences, addressing concerns regarding vehicle quality and transparency, and adapting to the ongoing transition towards sustainable mobility solutions. Further research into specific vehicle types, online versus offline sales channels, and regional variations within Australia would provide more granular insights into the market's intricacies and growth potential. The ongoing influence of economic factors like interest rates and consumer confidence will play a crucial role in shaping the market's trajectory in the coming years. This report provides a detailed analysis of the Australian used car market, encompassing historical data (2019-2024), current estimations (2025), and future forecasts (2025-2033). It offers invaluable insights for businesses and investors navigating this dynamic sector. With a focus on key segments like petrol, diesel, and electric vehicles, the report leverages high-search-volume keywords such as "used cars Australia," "second hand car market Australia," "pre-owned car prices Australia," and "Australian used car industry report" to maximize online visibility. Recent developments include: March 2023: Hyundai Australia announced that it has begun selling used Ioniq 5 models on its company’s website, beginning with 23 vehicles initially., May 2023: Sojitz Corporation acquired full ownership of Albert Automotive Holdings Pty Ltd, which operates a wholesale and retail used car business as part of Dutton Group.. Key drivers for this market are: Quality Assurance is Driving Market Growth in the Country. Potential restraints include: Trust and Transparency in Used Car Remained a Key Challenge for Consumers. Notable trends are: The Online Sales Channel Segment is Expected to be the Fastest Growing Segment Between 2024 and 2029.

Motor vehicle dealers have faced drastic changes in trading conditions over recent years. Uncertain economic conditions and issues with supply led to some of the largest declines in industry revenue since the global financial crisis. However, while these factors delayed purchases, they haven’t fundamentally altered demand for cars, with delayed purchases and deliveries leading to record surges in car sales over recent years. Overall, revenue is expected to have grown at an annualised 4.8% over the five years through 2024-25, to $68.5 billion. This includes an anticipated rise of 0.4% for 2024-25, following a glut of delayed deliveries that led to a spike in new car sales in 2023-24. Increased logistics costs and vehicle shortages have swollen prices. By passing on freight costs and capitalising on weak supply, dealers have increased profit margins. Motor vehicle preferences have changed significantly over time. Traditionally, consumers opted for passenger vehicles, but SUVs and utility vehicles have been increasing in popularity for more than 20 years. In 2020-21, SUVs accounted for more than half of all new vehicles sold for the first time. These vehicles' higher pricepoint has supported increased revenue. Meanwhile, electric vehicle sales have started to plateau due to some saturation among higher income earners and a limited number of affordable models available for lower income earners. The fuel cost savings from these vehicles are also starting to wane as the gap between charging station costs and fuel costs for relatively efficient petrol or diesel engines is narrowing. Increased pricing and a demand switch to more expensive SUVs and EVs are on track to fuel revenue growth over the coming years. Cost pressures, which started to wane in 2023-24, should begin to slow down new car prices over the next few years. Additionally, subdued real household discretionary income growth will temper sales and profit margin gains. Overall, revenue is set to climb at an annualised 2.3% over the five years through 2029-30, to $76.7 billion.