Mobile Menu

Crude Petroleum & Natural Gas Extraction in the UK - Market Size (2013–2031)

SIC B06.000 Last Updated: December 2024
Unlock the most recent data

Unlock access to our most recent data and statistics below.

Access current data
£24.5bn Crude Petroleum & Natural Gas Extraction in the UK Market Size in 2024
-23.0% Crude Petroleum & Natural Gas Extraction in the UK Market Size Growth in 2024
-3.6% Crude Petroleum & Natural Gas Extraction in the UK Market Size CAGR 2019-2024
Crude Petroleum & Natural Gas Extraction in the UK Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Crude Petroleum & Natural Gas 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 & Natural Gas Extraction in the UK in 2023?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK was £31.9bn in 2023.

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

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK increased 27.9% in 2023.

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

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK is £24.5bn in 2024.

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

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK decreased -23.0% in 2024.

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

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK has grown at a 27.9% CAGR between 2018 and 2023.

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

    See our full analysis of the Crude Petroleum & Natural Gas 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 & Natural Gas Extraction in the UK grown or declined over the past 5 years?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK has declined at a -3.6% CAGR between 2019 and 2024.

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

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

Access more trends and analysis for
Crude Petroleum & Natural Gas Extraction in the UK in the UK

Our analysts spend hundreds of hours poring over statistics and trends so you don't have to.

View Industry Analysis

Businessess Related to Crude Petroleum & Natural Gas Extraction in the UK

Number of Businesses

Access Statistics, Trends and Analysis on 1,000+ Global Industries

Talk to one of our reps today about how an IBISWorld Membership can make you an expert in any industry.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal