Industry revenue of »retail sale of automotive fuel in specialised stores« in Slovenia 2011-2023

Revenues from the retail sale of automotive fuel in specialised stores in Slovenia are expected to only witness tepid growth between 2011-2023. This can be attributed to the government’s decision to phase out fossil fuel cars in the medium to long term, as a result of the rising carbon emissions. As per the latest directive, new registrations in the country would only possible for cars with carbon dioxide emissions of less than 50 grams per kilometer, which is only fulfilled by electric and hybrid cars as of now. Additionally, the rising prices of diesel and gasoline have not augured well for fuel retailers, as consumers are increasingly turning towards alternatives such as biofuels. In 2015, biofuels accounted for nearly eight percent of the overall fuel consumption in the country.

The outbreak of the corona virus has further added to the industry’s woes. Sales of Slovenia’s largest fuel retailer, the Petrol Group, have declined by over 50 percent in many of the petrol stations, owing to the subdued consumer activity. According to the company’s executives, the group is unlikely to hit its revenue targets this financial year.

Industry revenue of »retail sale of automotive fuel in specialised stores« in Slovenia from 2011 to 2023

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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Slovenia. The industry “retail sale of automotive fuel in specialised stores“ has the code “G473“.

Details on the methodology can be found here.

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