2023-07-11 08:30:23
Gross margin on fuels: less than 20 cents per liter until 2021
In its press release, the CLCV recalls what was the gross margin of the mass distribution on fuels before the war in Ukraine. Between 2018 and 2021, on an annual average, it did not exceed 20 euro cents per litre. In 2018, the lowest level: 12.4 cents on diesel and 13.2 cents on gasoline, according to the CLCV. In 2021, following Covid-19, the margin had already increased considerably, reaching 16.6 cents for diesel and 16.2 cents for gasoline.
As for 2022, the year marked by the start of the conflict in Ukraine and the sanctions once morest Russia, the situation has been complicated. Margins even fell into negative territory in September and October 2022.” This gross margin was even negative in some months, which reflects the commitment of distributors, at the start of the school year (September and October), to limit the price hike. It then experienced a brief return to normal in December », analyse l’association.
The margin has exploded since the beginning of 2023
Since the beginning of 2023, the situation has changed dramatically. Margins easily exceed 20 euro cents per litre, whether for diesel or petrol. The highest level, according to CLCV data which is “ data from the French Union of Petroleum Industries (UFIP) was recorded in April 2023. The margin reached 27 euro cents per liter for petrol and 29 euro cents for diesel. Compared to the average in 2018, it is a multiplication by more than two that has taken place.
In the first half of 2023, the average diesel margin was 26.4 euro cents per litre. For gasoline, it reaches 25.7 cents. Far from 12.4 cents on average in 2018, but also from 16.2 cents in 2021.
« Large retailers and oil groups keep saying that they are committed to purchasing power. It is time to translate this into action. They need to stop dithering. We ask them to lower prices and their margins through immediate operations at cost price so that households are not punctured when they go on vacation. », writes the CLCV.
1689064322
#distributor #margins #exploded
