Mobile Menu

Petroleum Refining in British Columbia

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS BC32411CA

Petroleum Refining in British Columbia industry analysis

Revenue for the Petroleum Refining industry in British Columbia is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Petroleum Refining in British Columbia Market Research Report

What’s Included in the Petroleum Refining in British Columbia Market Research Report

Definition of the Petroleum Refining in British Columbia?

This industry refines crude petroleum through fracking and distillation to produce gasoline, diesel fuels and other fuel oils.

What’s included in the Petroleum Refining in British Columbia?

The Petroleum Refining in British Columbia includes production of gasoline, production of diesel fuels, production of fuel oil, production of aviation fuel, production of heating oil and production of liquefied petroleum gases. Related terms covered in the Petroleum Refining in British Columbia industry report includes an oil sand extraction technique where steam or solvents are injected into oil sand reserves to lower viscosity, permitting oil to flow into wells, the thickness of crude oil and petroleum products. low viscosity crude oil typically has lower refining costs, the difference between the value of refined petroleum products and cost of crude oil inputs. profit margin for petroleum refineries and a unit of measure for crude oil and petroleum products. one cubic metre is equal to about 6.3 barrels.

Industry Performance of the Petroleum Refining industry in British Columbia

Benchmark the Petroleum Refining in British Columbia industry performance with all BC Census Metropolitan Area and national performance.

Petroleum Refining in British Columbia

#4 in Highest Revenue 11.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Petroleum Refining in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth ()

For the full list of industry drivers, see report purchase options.

Key Drivers of the Petroleum Refining industry in British Columbia

See how key industry drivers, such as population, median houshold income, gross domestic product, world price of crude oil, us gross domestic product (gdp) and canadian effective exchange rate index are impacting Petroleum Refining in British Columbia

British Columbia Economic Indicators

Population
Median Houshold Income
Gross Domestic Product

View more economic information in BC State Economic profile

Canada Key External Drivers

World price of crude oil
US Gross domestic product (GDP)
Canadian effective exchange rate index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Petroleum Refining industry in British Columbia

Access proprietary data on Census Metropolitan Area in the Petroleum Refining in British Columbia, such as Dawson Creek, Nanaimo and Prince George. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Petroleum Refining industry in British Columbia

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Petroleum Refining industry in British Columbia in 2025?

The market size of the Petroleum Refining industry in British Columbia is $11.4bn in 2025.

How many businesses are there in the Petroleum Refining industry in British Columbia in 2025?

There are 2 businesses in the Petroleum Refining industry in British Columbia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Petroleum Refining industry in British Columbia grown or declined over the past 5 years?

The market size of the Petroleum Refining industry in British Columbia has been growing at an average annual rate of 10.4% from 2020 to 2025.

How many employees in the Petroleum Refining industry in British Columbia in 2025?

There are 1,058 employees in the Petroleum Refining industry in British Columbia, which has been declining at an average annual rate of -7.2% from 2020 to 2025.