In 2023, fuel dealers' sales in the US stood at approximately $28.18 billion. Observing the forecast from 2024 to 2028, a steady decline in sales is evident. Year-over-year, the market is predicted to decrease marginally by around 0.9% to 1.0% annually. The five-year compound annual growth rate (CAGR) from 2024 to 2028 reflects a gradual downturn in sales, averaging a decline of approximately 0.8% per year.

Future trends to watch for include:

The growing impact of renewable energy and electric vehicles, which may further reduce demand for traditional fuel.
Potential regulatory changes that could either mitigate or exacerbate the decline in conventional fuel sales.
Technological advancements in alternative fuel sources that could reshape the industry landscape.