Oil & Gas in Philippines
Summary
Oil & Gas in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the Philippines oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.
- The Filipino oil & gas market had total revenues of $5.4bn in 2016, representing a compound annual rate of change (CARC) of -15.9% between 2012 and 2016.
- Market consumption volume increased with a compound annual growth rate (CAGR) of 7.6% between 2012 and 2016, to reach a total of 178.4 million BOE in 2016.
- Although the volume consumption in this market has grown strongly in recent years, there is expected a strong deceleration in growth in the forecast period. One of the reasons for this is a shift in the Philippines power generation mix wherein fossil fuel based energy is increasingly being replaced by renewable sources. For example in 2010, almost 20% of the country's installed generating capacity of electricity was sourced from oil, but by 2016 this figure has declined to 16.9%. This trend is expected to continue in the forecast period.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Philippines
- Leading company profiles reveal details of key oil & gas market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Philippines oil & gas market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Philippines oil & gas market by value in 2016?
- What will be the size of the Philippines oil & gas market in 2021?
- What factors are affecting the strength of competition in the Philippines oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines's oil & gas market?
