Please Wait.....
Report
South Africa Petroleum - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 95 Pages I Mordor Intelligence
The South Africa Petroleum Market size is estimated at USD 8.40 billion in 2025, and is expected to reach USD 8.93 billion by 2030, at a CAGR of 1.23% during the forecast period (2025-2030).
Key Highlights
- Over the medium term, the increasing infrastructure development activities in the country, the growing population, and the increasing consumption of petrol products are expected to drive the market during the forecasted period.
- On the other hand, an increasing fluctuation in crude oil prices is expected to hinder the market's growth during the forecasted period.
- Nevertheless, the increasing investments in the petrochemical market are expected to create huge opportunities for the refined petroleum products market.
South Africa Petroleum Market Trends
Automotive Gas Oil (AGO) to Dominate the Market
- Automotive Gas Oil (AGO), commonly known as diesel fuel, is expected to dominate the South African refined petroleum products market.
- Automotive Gas Oil is widely used in various sectors, including transportation, mining, agriculture, and construction. South Africa's industrial and transportation sectors heavily rely on diesel-powered vehicles and equipment, making Automotive Gas Oil a crucial fuel for these industries.
- Moreover, South Africa has a significant demand for heavy-duty vehicles such as trucks, buses, and mining equipment. These vehicles require diesel fuel due to their higher energy density and better torque characteristics, making AGO the fuel of choice for such applications.
- For instance, according to the International Organization of Motor Vehicle Manufacturers, the sales of commercial vehicles in South Africa grew by more than 13% between 2021 and 2022. Signifying increased purchases of commercial vehicles, consequently increasing the demand for Automotive Gas Oil.
- Furthermore, in May 2023, according to the announcement made by the Department of Energy, there was an expected decrease of approximately 80 cents per liter in petrol prices for the upcoming time. Similarly, diesel prices are anticipated to decrease by around 90 cents per liter. The primary factor behind this price relief is the decrease in the cost of oil, which has led to a reduction in international product prices. As a result, there is an excess recovery of between USD 0.069 and USD 0.075 per liter.
- Therefore, as per the points mentioned above, the automotive gas oil segment is expected to dominate the market during the forecasted period.
Increasing Demand for Petroleum Products to Drive the Market
- As the economy of the country is growing, there is a rise in industrial activities, construction projects, and transportation needs. These sectors heavily rely on refined petroleum products like gasoline, diesel, and jet fuel, driving the demand for such products.
- South Africa's population is steadily increasing, increasing energy consumption and transportation requirements. Urbanization further contributes to the demand for refined petroleum products as cities expand and transportation infrastructure develops.
- Moreover, the transportation sector, including private vehicles, commercial fleets, and public transportation, is a major consumer of refined petroleum products. As the number of vehicles on the road increases, so does the demand for gasoline and diesel.
- Furthermore, refined petroleum products are essential for various industries, including manufacturing, mining, agriculture, and construction. These sectors rely on petroleum products for fueling machinery and equipment, creating a consistent demand for such products.
- For instance, according to the Organization for Economic Co-operation and Development, the average South African manufacturing output in 2022 was around 92.46 compared to 87.44 in 2020. Signifying the recovery of the market and steady growth.
- Various manufacturing sites are also inaugurated in the country; for instance, in October 2022, ALPLA Group inaugurated a cutting-edge manufacturing facility in Lanseria, located near Johannesburg. This new headquarters for Sub-Saharan Africa consolidates five former South African sites into a single location, bringing together all ALPLA technologies, processes, and materials. The Lanseria plant serves as a hub for the company's regional operations. Also, ALPLA will launch its first apprenticeship program in Africa in 2023.
- Therefore, as per the above points, the increasing demand for refined petroleum products is expected to drive the market during the forecasted period.
South Africa Petroleum Industry Overview
South Africa's refined petroleum products market is semi-fragmented. Some of the major players in the market (in no particular order) include TotalEnergies SE, ENGEN PETROLEUM LTD, PetroSA, Shell PLC, and Sasol Limited., among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Refined Petroleum Products Market in USD, till 2029
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.1.1 Increasing Consumption Of Petroleum Products
4.5.2 Restraints
4.5.2.1 Fluctuating Crude Oil Prices
4.5.2.2 Adoption of Cleaner Alternatives In Transportation
4.6 Supply Chain Analysis
4.7 PESTLE Analysis
5 MARKET SEGMENTATION
5.1 Refined Products
5.1.1 Illuminating Paraffin
5.1.2 Fuel Oil
5.1.3 Automotive Gas Oil (AGO)/Diesel
5.1.4 Premium Motor Spirit (PMS)
5.1.5 Liquefied Petroleum Gas (LPG)
5.1.6 Other Refined Products
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 TotalEnergies SE
6.3.2 ENGEN PETROLEUM LTD.
6.3.3 PetroSA
6.3.4 Shell PLC
6.3.5 Sasol Limited
6.3.6 Astron Energy (Pty) Ltd.
6.3.7 BP Southern Africa (Pty) Ltd.
6.3.8 Chevron Corporation
6.4 Market Ranking/Share Analysis**
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Petrochemical Industry Development
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security