Uganda Petroleum Products Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Uganda Petroleum Companies and it is segmented by Type (Gasoline, Diesel, Jet Fuel, Kerosene, and Liquified Petroleum Gas), and End-User (Transport, Residential, Commercial, Fishery, and Others).

Uganda Petroleum Products Market Size

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Uganda Petroleum Products Market - Market Overview
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 3.10 %
Market Concentration Low

Major Players

Uganda Petroleum Products Market

*Disclaimer: Major Players sorted in no particular order


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Uganda Petroleum Products Market Analysis

The Uganda petroleum products market is expected to grow at a CAGR of around 3.1% during the forecast period. Due to the COVID-19 pandemic, the market witnessed a significant negative impact with a drop in demand for petroleum products due to the decline of economic activities in the country. Factors like growth in consumption of petroleum products for various commercial purposes like fishery are likely to propel the market. However, dominant reliance on wood fuel is expected to hinder the market growth during the forecast period.

  • Diesel is likely to have high consumption during the forecast period on account of wide applications like road, railway, and fishery industry.
  • Uganda is highly dependent upon wood fuel. Nearly 93% of the energy comes from wood fuel, the rest 5% comes from petroleum products, and 1.5% comes from hydro power. Hence, petroleum products companies operating in the country have ample opportunity for expansion if the government offers legal and institutional framework for downstream operations.
  • An increase in transportation services is expected to propel the market during the forecast period.

Uganda Petroleum Products Market Trends

This section covers the major market trends shaping the Uganda Petroleum Products Market according to our research experts:

Diesel as a Significant Petroleum Product

  • Diesel is one of the major petroleum products consumed mainly in the road and finery industry of Uganda. As of 2020, the road sector consumed nearly 555.6 million liters, while rail consumed 39.6 million liters, and the fishery consumed 99.2 million liters.
  • Petroleum products in Uganda are not produced locally due to a lack of oil refineries. Instead, they are imported from Kenya, China, United Arab Emirates, and a few others. In 2020, Uganda imported nearly 992.2 million liters of diesel.
  • Historically, the diesel import increased till 2019. However, due to the COVID-19, the import volume decreased on account of reducing demand in the road and railway sectors.
  • During the study period, the segment is expected to grow on account of the increasing human population, which would result in increasing demand for diesel for various industrial and commercial purposes.
  • Further to meet domestic demand, the country is expected to commission the country's first oil refinery by 2027, which would support the government in mitigating the domestic diesel demand.

Uganda Petroleum Products Market

Increase in Transportation Service to Drive the Market

  • The transport sector is the major consumer of fossil fuels, accounting for about 75% of the fossil-fuel import bill. In 2020, the sector consumed nearly 86.5% of the total petroleum products imported.
  • Among all the sectors, the automobile is the primary consumer, which consumed nearly 1.2 billion liters of petroleum products in 2020.
  • Domestic Aviation is the second prime consumer of petroleum products, which is further expected to increase on account of growing air connections of Uganda with other regions like the Middle East.
  • The increasing population of automobiles would be another factor that would boost domestic consumption of petroleum products. Growing per capita income would support the affordability of passenger vehicles and two-wheelers.
  • The railway is another major consumer of petroleum products, that consumed nearly 39.6 million liters of diesel in 2020. With upcoming projects like the Tororo to Namanve railway line and Tororo-Gulu railway rehabilitation, the sector is expected to increase petroleum product consumption during the forthcoming years.
  • Hence, the growth of automobile, rail, and aviation is expected to support the transportation sectors to act as a significant driver for the market to grow during the study period.
Uganda Petroleum Products Market

Uganda Petroleum Products Industry Overview

The Uganda petroleum products market is fragmented. Some of the major companies include Vivo Energy Uganda Ltd, TotalEnergies SE, Nile Energy Limited, Stabex International Limited, and Hass Petroleum (U) Limited among others.

Uganda Petroleum Products Market Leaders

  1. Vivo Energy Uganda Ltd

  2. TotalEnergies SE

  3. Nile Energy Limited

  4. Stabex International Limited

  5. Hass Petroleum (U) Limited

*Disclaimer: Major Players sorted in no particular order

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Uganda Petroleum Products Market News

  • In August 2021, Uganda planned to revive oil product imports via Tanzania to reduce its reliance on supply routes through Kenya. The country wants to omit disruption to the supply chain due to the 2022 general election in Kenya.

Uganda Petroleum Products Market Report - Table of Contents


    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions




    1. 4.1 Introduction

    2. 4.2 Petroleum Products Consumption and Forecast in billion liters, till 2027

    3. 4.3 Petroleum Products Import, in billion liters, till 2020

    4. 4.4 Recent Trends and Developments

    5. 4.5 Government Policies and Regulations

    6. 4.6 Market Dynamics

      1. 4.6.1 Drivers

      2. 4.6.2 Restraints

    7. 4.7 Supply Chain Analysis

    8. 4.8 PESTLE Analysis


    1. 5.1 Type

      1. 5.1.1 Gasoline

      2. 5.1.2 Diesel

      3. 5.1.3 Jet Fuel

      4. 5.1.4 Kerosene

      5. 5.1.5 Liquefied Petroleum Gas

    2. 5.2 End-User

      1. 5.2.1 Transport

      2. 5.2.2 Residential

      3. 5.2.3 Commercial

      4. 5.2.4 Fishery

      5. 5.2.5 Others


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Vivo Energy Uganda Ltd

      2. 6.3.2 TotalEnergies SE

      3. 6.3.3 Nile Energy Limited

      4. 6.3.4 Stabex International Limited

      5. 6.3.5 Hass Petroleum (U) Limited

      6. 6.3.6 Moil (U) Limited

      7. 6.3.7 City Oil (U) Limited

      8. 6.3.8 GP Global Uganda Limited

      9. 6.3.9 BE Energy Limited

      10. 6.3.10 Petro Uganda Limited

    4. *List Not Exhaustive

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Uganda Petroleum Products Industry Segmentation

Uganda Petroleum Products Market includes:

Jet Fuel
Liquefied Petroleum Gas
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Uganda Petroleum Products Market Research FAQs

The Uganda Petroleum Products Market is projected to register a CAGR of greater than 3.10% during the forecast period (2024-2029)

Vivo Energy Uganda Ltd, TotalEnergies SE, Nile Energy Limited, Stabex International Limited and Hass Petroleum (U) Limited are the major companies operating in the Uganda Petroleum Products Market.

The report covers the Uganda Petroleum Products Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Uganda Petroleum Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Uganda Petroleum Products Industry Report

Statistics for the 2024 Uganda Petroleum Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Uganda Petroleum Products analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Uganda Petroleum Products Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)