Commodity Market Report

Finland downstream oil long-term outlook

Get this report*

$4,750

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Neste is the only crude oil refiner in Finland with a single refinery in Porvoo since the closure of the Naantali site in 2021. Although historically Neste produced a surplus of product to meet inland demand, this situation could change following the reduction of refining capacity in the country. Also the market leader in fuel distribution and retail, Neste dominates the inland wholesale market as it effectively sets the ex-refinery product prices for third party fuels marketers. Finland's retail network has been consolidating following the exit of the oil majors from the retail sector. Currently, the top four players supply over 95% of retail fuel demand. The national retail network is characterised by a high proportion of automated sites, at over 60%. However, we don't see this growing much further and expect it to stabilise going forward. As demand oil product demand peaks, we expect to see an increased drive to diversify at the forecourt.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Finland Retail Fuels Long Term Outlook.pdf

    PDF 965.21 KB