Oil & Gas in South Korea

Oil & Gas in South Korea

Summary

Oil & Gas in South Korea 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 South Korea 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 South Korean oil & gas market had total revenues of $33.2bn in 2016, representing a compound annual rate of change (CARC) of -20.2% between 2012 and 2016.
- Market consumption volume increased with a compound annual growth rate (CAGR) of 1.3% between 2012 and 2016, to reach a total of 1.2 billion BOE in 2016.
- Positive activity in the South Korean oil and gas market suggests that players in the market are confident of it recovering in the forecast period. For example a new oil terminal is being constructed currently at the port of Ulsan south of Seoul, costing 622.2 billion Won. With oil prices recovering somewhat as well, it is expected that the South Korean oil and gas market will perform much better 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 South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in South Korea
- 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 South Korea oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the South Korea oil & gas market by value in 2016?
- What will be the size of the South Korea oil & gas market in 2021?
- What factors are affecting the strength of competition in the South Korea oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's oil & gas market?