GETWAB

02 / Market Size

How large is the NAICS 424720 federal market?

Net obligations$110.50M
Contract actions11,061
Vendors220
Federal customers43
Contracting offices209
Average action$10.0K
Largest action$5.00M
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 424720 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$6.31M
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$54.51M9,54011632
FY 2020$18.07M5267928−66.8%
FY 2021$6.02M1925924−66.7%
FY 2022$9.01M2286123+49.7%
FY 2023$9.08M2044922+0.8%
FY 2024$7.50M2165419−17.3%
FY 2025$6.31M1554320−15.9%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
DEFENSE LOGISTICS AGENCY97AS$53.05M9,5321748.0%
DEPT OF THE AIR FORCE5700$19.63M561817.8%
U.S. COAST GUARD7008$9.07M177478.2%
ENERGY, DEPARTMENT OF8900$4.85M844.4%
STATE, DEPARTMENT OF1900$4.16M222163.8%
FEDERAL EMERGENCY MANAGEMENT AGENCY7022$3.62M132143.3%
UNITED STATES AGENCY FOR GLOBAL MEDIA, BBG9568$3.20M2032.9%
U.S. MARSHALS SERVICE1544$3.03M10432.7%
FEDERAL LAW ENFORCEMENT TRAINING CENTER7015$2.57M16042.3%
SMITHSONIAN INSTITUTION3300$2.00M8271.8%

05 / Contracting Offices

Which contracting offices buy in NAICS 424720?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 424720 market?

VendorObligationsActionsCustomersMarket shareLatest activity
TOKYO GAS CO.,LTD.$17.49M10115.8%Apr 1, 2025
JX NIPPON OIL & ENERGY CORPORATION$12.46M168111.3%Jul 20, 2020
RYUSEKI CORPORATION$11.75M1,040110.6%Jun 8, 2020
SHIP SUPPLY OF FLORIDA, INC.$8.77M12917.9%Apr 17, 2019
HANWA CO.,LTD.$8.05M23017.3%Jun 9, 2020
MISCELLANEOUS FOREIGN AWARDEES$7.52M20536.8%Sep 28, 2025
MORTON BAHAMAS LIMITED$7.30M5516.6%Sep 19, 2025
SHELL TRADING (US) COMPANY$4.93M214.5%Aug 18, 2020
AVFUEL CORPORATION$3.47M6,21733.1%Feb 1, 2024
LA CASA DEL CAMIONERO INC$2.87M2612.6%Aug 4, 2023

07 / Product and Service Mix

What products and services are purchased under NAICS 424720?

PSCDescriptionObligationsActionsVendorsShare
9140FUEL OILS$55.78M1,8239250.5%
9130LIQUID PROPELLANTS AND FUELS, PETROLEUM BASE$44.46M8,6518240.2%
M1GCOPERATION OF FUEL STORAGE BUILDINGS$2.50M1512.3%
M173OPERATION OF FUEL STORAGE BUILDINGS$1.39M1811.3%
S204HOUSEKEEPING- FUELING AND OTHER PETROLEUM$942.8K103160.9%
9110FUELS, SOLID$929.0K107130.8%
S111UTILITIES- GAS$908.5K2240.8%
9150OILS AND GREASES: CUTTING, LUBRICATING, AND HYDRAULIC$816.6K71210.7%
J091MAINT/REPAIR/REBUILD OF EQUIPMENT- FUELS, LUBRICANTS, OILS, AND WAXES$541.8K630.5%
H391INSPECTION- FUELS, LUBRICANTS, OILS, AND WAXES$365.3K810.3%

08 / Buying Pattern

How does the government buy in NAICS 424720?

Competed86.9%9,607 actions
Competed under SAP6.5%716 actions
Other / unknown4.0%446 actions
Not available for competition1.5%170 actions
Not competed under SAP0.6%63 actions
Not competed0.5%59 actions
Other than small business share95.2%$105.14M
Small business share4.8%$5.36M
Common action typeObligationsActions
DELIVERY ORDER$69.94M9,642
PURCHASE ORDER$19.01M1,014
BPA CALL$4.42M313
DEFINITIVE CONTRACT$17.12M92

09 / Recent Contract Awards

What was awarded most recently in NAICS 424720?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $110.50M market as addressable.