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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Saudi Arabia Fuel Station Market Size
The Saudi Arabia fuel station market is projected to grow at a CAGR of 7.5% between 2024 and 2032. The expansion of the market can be attributed to the growing population and the rapidly expanding automotive sector.
Key Takeaways
- Saudi Arabia has a robust fuel retail network, with a total of 8,516 gas stations in the Kingdom.
- Riyadh, the capital and the largest city with a high urban population has 1,282 stations, the highest in the kingdom.
- Saudi Arabia increased its total liquid fuel production from 10.8 million barrels per day (b/d) in 2021 to 12.1 million b/d in 2022, representing a 12% growth.
Fuel stations, also known as gas stations or petrol stations, are facilities where vehicles can refuel with gasoline (petrol) or diesel. They typically offer other services such as convenience stores, car washes, and sometimes facilities for vehicle maintenance. Fuel stations play a crucial role in providing fuel to vehicles, keeping them operational and facilitating transportation.
One of the major factors propelling Saudi Arabia fuel station market growth is the country's expanding economy and increasing population. As economic activities intensify and the standard of living rises, there is a corresponding surge in vehicular traffic, thereby escalating the demand for fuel. This trend is anticipated to catalyse the expansion and installation of new fuel stations across the nation to meet the growing consumer demand.
Saudi Arabia Fuel Station Market Report Snapshots
Saudi Arabia Fuel Station Market Size
Saudi Arabia Fuel Station Market Trends
Saudi Arabia Fuel Station Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is anticipated to grow at a CAGR of 7.5% between 2025 and 2034.
The major market drivers are the growing urbanisation, along with the rise in the use of motor vehicles.
The key market trends include the increasing disposable income among people, the growing population along with an increase in the demand for the installation of fuel stations.
The various technologies used in fuel stations include petrol, diesel, and gas, among others.
The various end-users of the market for fuel stations include road transport vehicle, air transport vehicle, and water transport vehicle.
The major players in the market are Wafi Energy Company, ALDREES Petroleum & Transport Services Company, Petromin Corporation, TotalEnergies SE, ADNOC Distribution, ENOC Company, Saudi Automotive Services Co (SASCO), Tas'Helat Marketing Company, Fuel Integrated Limited (Fuel Way), Al-Atoz Petroleum Services Company, and Liter Group, among others.
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