Industry Analysis & Industry Trends
The Gasoline and Petroleum Wholesaling industry experienced volatile growth over the past five years. While petroleum consumption was relatively stable, product prices fluctuated widely due to the global economic downturn and domestic infrastructure shortages. Since then, however, growing industrial output has buoyed petroleum consumption. Over the five years to 2019, the industry is projected to experience more stable growth due to strengthening demand for petroleum products and the scheduled expansion of pipeline infrastructure... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Gasoline and Petroleum Wholesaling industry is in the mature stage of its life cycle. Over the 10 years to 2019, industry value added, which measures an industry's contribution to the economy, is forecast to increase at an average annual rate of 8.8%. Over the same period, Canada's GDP is projected to grow an average of 2.4% per year. As a result, this industry's importance to the economy is growing, which is typically representative of a growing industry. However, other factors, such as steady consolidation and a stable product line, suggests that this industry is mature. Indeed, the industry's strong growth over the period is mostly due to the recovery from recession lows.
Industry products are well-segmented and stable... purchase to read more