Oil & Gas in Spain
Summary
Oil & Gas in Spain 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 Spain 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 Spanish oil & gas market had total revenues of $20.6bn in 2016, representing a compound annual rate of change (CARC) of -21.2% between 2012 and 2016.
- Market consumption volumes declined with a CARC of -1.2% between 2012 and 2016, to reach a total of 639.2 million BOE in 2016.
- Total imports of crude oil import fell by around 1% between 2016 and 2015 according to statistics released by CORES which works in conjunction with the Spanish Ministry of Energy, Tourism and the Digital Agenda. Whilst overall volume consumption levels in many other markets around the world have been boosted by the decline in crude oil prices in recent years, this has not been the case in the Spanish market. The primary reason behind this are the wider macroeconomic issues plaguing the country currently, which range from low consumer confidence to high unemployment. All of this is discouraging Spanish buyers from increasing consumption levels despite the decline in the price of crude oil.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Spain
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Spain
- 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 Spain oil & gas market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Spain oil & gas market by value in 2016?
- What will be the size of the Spain oil & gas market in 2021?
- What factors are affecting the strength of competition in the Spain oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up Spain's oil & gas market?
