| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2020 - 2023 |
| CAGR | 2.10% |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North Africa Refined Petroleum Products Market Analysis by Mordor Intelligence
The North Africa Refined Petroleum Products Market is expected to register a CAGR of greater than 2.1% during the forecast period.
- Middle distillate oil products are expected to dominate the market in the forecast period owing to the demand in different sectors like power generation, transportation, and others.
- North Africa had more than 65 thousand million barrels of proved oil reserves. With future production of oil, several opportunities in the refinery sector and refined products can be expected in the North African region.
- Egypt is the dominating country in the refined petroleum products with a one-fifth share in oil product consumption in the region as of 2018.
North Africa Refined Petroleum Products Market Trends and Insights
Middle Distillates to Dominate the Market
- Middle distillate refers to oil refined products situated between lighter fuel like gasoline and heavier fuels like fuel oil. It mainly comprises of jet fuel, kerosene, diesel, and others.
- In 2018, Algeria increased the refining throughput capacity to 598 thousand barrels per day. With increased throughput, the production of refined petroleum products is expected to grow significantly.
- The upgradation project of Mostorod refinery is expected to complete during the forecast period. It is expected that the refinery will be able to produce 2.3 million tons of diesel, 600,000 tons of jet fuel, and 522,000 tons of gasoline, in addition to butane gas and naphtha.
- Egypt's diesel consumption increased by 10% year-on-year in February 2019, recording 1.118 million tons, compared to 1.016 million tons consumed in February 2018, increasing the demand for refined products significantly.
- With the growing demand in the transportation sector, power generation in different industries, the need for middle distillates is expected to grow further to dominate the market in the forecast period.
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Egypt to Dominate the Market
- In 2018, Egypt exported 6.9 million barrels of hydrocarbon gas liquids. 286 thousand barrels of asphalt and road oil, 93 thousand barrels of lubricants, and 155 thousand barrels of distillate fuel oil.
- In 2018, Egypt was one of the leading crude oil producers and had the highest refining capacity of 795 thousand barrels per day in the North Africa region.
- In February 2020, Egypt signed a contract for the construction of a hydrocracking complex in Assiut, the largest oil refining project to be implemented in Upper Egypt, with an investment of USD 2.5 billion.
- In July 2019, Egypt implemented seven refinery projects, with USD 8.03 billion in investments to increase the refining capacity and efficiency of petroleum derivatives production.
- With one-fifth of oil product consumption in Africa and increasing investment in refining projects, Egypt is expected to dominate the market in the forecast period.
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Competitive Landscape
The North Africa refined petroleum products market is moderately fragmented. Some of the major companies include Abu Dhabi National Energy Company PJSC, Qalaa Holdings SAE, Sonatrach SPA, Total S.A., and Royal Dutch Shell Plc.
North Africa Refined Petroleum Products Industry Leaders
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Sonatrach SPA
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Qalaa Holdings SAE
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Total S.A.
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Royal Dutch Shell Plc
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Abu Dhabi National Energy Company, PJSC
- *Disclaimer: Major Players sorted in no particular order
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North Africa Refined Petroleum Products Market Report Scope
The North Africa refined petroleum products market report includes:
Type
| Light Distillates |
| Middle Distillates |
| Heavy Distillates |
Geogrpahy
| Morocco |
| Algeria |
| Egypt |
| Rest of North Africa |
| Type | Light Distillates |
| Middle Distillates | |
| Heavy Distillates | |
| Geogrpahy | Morocco |
| Algeria | |
| Egypt | |
| Rest of North Africa |
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Key Questions Answered in the Report
What is the current North Africa Refined Petroleum Products Market size?
The North Africa Refined Petroleum Products Market is projected to register a CAGR of greater than 2.1% during the forecast period (2025-2030)
Who are the key players in North Africa Refined Petroleum Products Market?
Sonatrach SPA, Qalaa Holdings SAE, Total S.A., Royal Dutch Shell Plc and Abu Dhabi National Energy Company, PJSC are the major companies operating in the North Africa Refined Petroleum Products Market.
What years does this North Africa Refined Petroleum Products Market cover?
The report covers the North Africa Refined Petroleum Products Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North Africa Refined Petroleum Products Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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North Africa Refined Petroleum Products Market Report
Statistics for the 2025 North Africa Refined Petroleum Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North Africa Refined Petroleum Products analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
