Oil & Gas in Turkey
Summary
Oil & Gas in Turkey 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 Turkey 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 Turkish oil & gas market had total revenues of $15.7bn in 2016, representing a compound annual rate of change (CARC) of -14.3% between 2012 and 2016.
- Market consumption volume increased with a compound annual growth rate (CAGR) of 4.3% between 2012 and 2016, to reach a total of 627 million BOE in 2016.
- One of the largest players in the Turkish oil and gas market Tupras reported a 6% decline in revenues in 2016 as compared to 2015 even though it in the same period reported an increase of 5% in volume sales. The company stated that the decline in value was due to the low oil prices which had reduced profit margins significantly. This phenomenon explains the decline in the Turkish oil and gas market in recent years.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Turkey
- 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 Turkey oil & gas market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Turkey oil & gas market by value in 2016?
- What will be the size of the Turkey oil & gas market in 2021?
- What factors are affecting the strength of competition in the Turkey oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's oil & gas market?
