Industry Statistics and Rankings
Country Benchmarking
Industry Performance Rankings
This report accounts for 34 number of countries where the industry is active.
The Crude Petroleum & Natural Gas Extraction in Europe has a market size of €307.6bn in 2024. Revenue volatility is moderate, and revenue has grown at a CAGR of 5.3 % from 2019-2024. The average number of employees is 527k in 2024 a number that has grown at a CAGR of 4.1 % over the past five years. One of the most prominent threats to the industry is...
European High and Lows
Top Questions Answered in this Report
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What is the market size of the Crude Petroleum & Natural Gas Extraction industry in Europe in 2024?
The market size of the Crude Petroleum & Natural Gas Extraction industry in Europe is €307.6bn in 2024.
How many businesses are there in the Crude Petroleum & Natural Gas Extraction in Europe industry in 2024?
There are 1,803 businesses in the Crude Petroleum & Natural Gas Extraction industry in Europe, which has grown at a CAGR of 5.7 % between 2019 and 2024.
Has the Crude Petroleum & Natural Gas Extraction industry in Europe grown or declined over the past 5 years?
The market size of the Crude Petroleum & Natural Gas Extraction industry in Europe has been declining at a CAGR of 5.3 % between 2019 and 2024.
What is the forecast growth of the Crude Petroleum & Natural Gas Extraction industry in Europe over the next 5 years?
Over the next five years, the Crude Petroleum & Natural Gas Extraction industry in Europe is expected to grow.
What does the Crude Petroleum & Natural Gas Extraction in Europe include?
Extraction of crude petroleum and Extraction of natural gas are part of the Crude Petroleum & Natural Gas Extraction industry.
Which countries have the most businesses in the Crude Petroleum & Natural Gas Extraction industry in Europe?
The European country with the most businesses in the Crude Petroleum & Natural Gas Extraction industry is Russia.
How competitive is the Crude Petroleum & Natural Gas Extraction industry in Europe?
The level of competition is moderate and steady in the Crude Petroleum & Natural Gas Extraction industry in Europe.
Related Industries
This industry is covered in 37 countries
- Crude Petroleum & Natural Gas Extraction in Greece
- Crude Petroleum & Natural Gas Extraction in Russia
- Crude Petroleum & Natural Gas Extraction in Czechia
- Crude Petroleum & Natural Gas Extraction in Sweden
- Crude Petroleum & Natural Gas Extraction in Germany
- Crude Petroleum & Natural Gas Extraction in Estonia
- Crude Petroleum & Natural Gas Extraction in Bosnia and Herzegovina
- Crude Petroleum & Natural Gas Extraction in Europe
- Crude Petroleum & Natural Gas Extraction in Spain
- Crude Petroleum & Natural Gas Extraction in France
- Crude Petroleum & Natural Gas Extraction in Norway
- Crude Petroleum & Natural Gas Extraction in Hungary
- Crude Petroleum & Natural Gas Extraction in Switzerland
- Crude Petroleum & Natural Gas Extraction in the UK
- Crude Petroleum & Natural Gas Extraction in Ireland
- Crude Petroleum & Natural Gas Extraction in Malta
- Crude Petroleum & Natural Gas Extraction in Austria
- Crude Petroleum & Natural Gas Extraction in Romania
- Crude Petroleum & Natural Gas Extraction in Slovakia
- Crude Petroleum & Natural Gas Extraction in Poland
- Crude Petroleum & Natural Gas Extraction in Cyprus
- Crude Petroleum & Natural Gas Extraction in North Macedonia
- Crude Petroleum & Natural Gas Extraction in Bulgaria
- Crude Petroleum & Natural Gas Extraction in Iceland
- Crude Petroleum & Natural Gas Extraction in Luxembourg
- Crude Petroleum & Natural Gas Extraction in the Netherlands
- Crude Petroleum & Natural Gas Extraction in Lithuania
- Crude Petroleum & Natural Gas Extraction in Italy
- Crude Petroleum & Natural Gas Extraction in Denmark
- Crude Petroleum & Natural Gas Extraction in Latvia
- Crude Petroleum & Natural Gas Extraction in Slovenia
- Crude Petroleum & Natural Gas Extraction in Croatia
- Crude Petroleum & Natural Gas Extraction in the UK
- Crude Petroleum & Natural Gas Extraction in Germany
Table of Contents
About this industry
Industry definition
This industry includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands, the production of natural gas and the recovery of hydrocarbon liquids. This includes operating and developing oil and gas field properties, including drilling, completing and equipping wells, operating separators, emulsion breakers, desilting equipment and field gathering lines for crude petroleum.
What's included in this industry?
Extraction of crude petroleumExtraction of natural gasIndustry Code
06 - Extraction of crude petroleum and natural gas in Europe
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Performance Snapshot
Charts
- Revenue in the Crude Petroleum & Natural Gas Extraction in Europe
- Employees in the Crude Petroleum & Natural Gas Extraction in Europe
- Business in the Crude Petroleum & Natural Gas Extraction in Europe
- Profit in the Crude Petroleum & Natural Gas Extraction in Europe
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Data Tables
Values and annual change provided for 37 European countries:
- Revenue by Region (2024)
- IVA by Region (2024)
- Enterprises by Region (2024)
- Employment by Region (2024)
- Exports by Region (2024)
- Imports by Region (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
External Drivers
Analysis
What demographic and macroeconomic factors impact the Crude Petroleum & Natural Gas Extraction in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Crude Petroleum & Natural Gas Extraction in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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