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Crude Petroleum Extraction in the UK - Market Size (2011–2030)

SIC UK-B061 Last Updated: July 2024

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£36.8bn

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Crude Petroleum Extraction in the UK Market Size in 2024
-19.0%

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 Crude Petroleum Extraction in the UK Market Size Growth in 2024
3.3%

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 Crude Petroleum Extraction in the UK Market Size CAGR 2019-2024

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 Crude Petroleum Extraction in the UK Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Crude Petroleum Extraction in the UK Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Crude Petroleum Extraction in the UK in 2023?

    The market size of the Crude Petroleum Extraction in the UK was £45.4bn in 2023.

  • What was the growth rate of the Crude Petroleum Extraction in the UK in 2023?

    The market size of the Crude Petroleum Extraction in the UK decreased -29.4% in 2023.

  • What was the market size of the Crude Petroleum Extraction in the UK in 2024?

    The market size of the Crude Petroleum Extraction in the UK is £36.8bn in 2024.

  • What is the growth rate of the Crude Petroleum Extraction in the UK in 2024?

    The market size of the Crude Petroleum Extraction in the UK decreased -19.0% in 2024.

  • Has the Crude Petroleum Extraction in the UK grown or declined over the past 5 years?

    The market size of the Crude Petroleum Extraction in the UK has declined at a -29.4% CAGR between 2018 and 2023.

  • Is the Crude Petroleum Extraction in the UK expected to grow or decline over the next five years?

    See our full analysis of the Crude Petroleum Extraction in the UK to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Crude Petroleum Extraction in the UK grown or declined over the past 5 years?

    The market size of the Crude Petroleum Extraction in the UK has grown at a 3.3% CAGR between 2019 and 2024.

  • Is the Crude Petroleum Extraction in the UK expected to grow or decline over the next five years?

    See our full analysis of the Crude Petroleum Extraction in the UK to understand if the industry market size is expected to grow or decline over the next five years.

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