Mobile Menu

Crude Petroleum Extraction in Germany - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

DE-B061 July 2024 Factsheet

Revenue

€275.7m

2019-2024 5.7 %
2024-2029 X.X %

Employees

485

2019-2024 1.4 %
2024-2029 X.X %

Businesses

3

2019-2024 3.5 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Crude Petroleum Extraction in Germany market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014-2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in Germany compared to Europe?

Country Benchmarking

Industry Data Germany

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#10 In Europe
Business
#13 In Europe
Employees
#8 In Europe
Wages
#9 In Europe

The Crude Petroleum Extraction in Germany ranks 10 in Europe with regards to its 2024 revenue (€275.7m). Revenue received by operators in Germany has been low in volatility over the past five-year period, with the average annual change in revenue (5.7 %) most comparable to...

Unlock more insights on Germany and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Crude Petroleum Extraction industry in Germany in 2024?

The market size of the Crude Petroleum Extraction industry in Germany is €275.7m in 2024.

How many businesses are there in the Crude Petroleum Extraction in Germany industry in 2024?

There are 3 businesses in the Crude Petroleum Extraction industry in Germany, which has declined at a CAGR of 3.5 % between 2019 and 2024.

Has the Crude Petroleum Extraction industry in Germany grown or declined over the past 5 years?

The market size of the Crude Petroleum Extraction industry in Germany has been growing at a CAGR of 5.7 % between 2019 and 2024.

What is the forecast growth of the Crude Petroleum Extraction industry in Germany over the next 5 years?

Over the next five years, the Crude Petroleum Extraction industry in Germany is expected to grow.

What are the biggest companies in the Crude Petroleum Extraction market in Germany?

The biggest companies operating in the Crude Petroleum Extraction market in Germany are Equinor ASA, OMV AG and BP plc

What does the Crude Petroleum Extraction in Germany include?

Onshore Crude Oil and Offshore Crude Oil are part of the Crude Petroleum Extraction industry.

Which companies have the highest market share in the Crude Petroleum Extraction in Germany?

The company holding the most market share in Germany is Equinor ASA.

How competitive is the Crude Petroleum Extraction industry in Germany?

The level of competition is moderate and steady in the Crude Petroleum Extraction industry in Germany.

Related Industries

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Companies in this industry extract natural gas from onshore and offshore fields. The industry also covers the extraction of bituminous or oil shale and tar sand.

What's included in this industry?

Onshore Crude OilOffshore Crude Oil

Industry Code

ISIC 2006

061 - Extraction of crude petroleum in Germany

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Crude Petroleum Extraction in Germany
  • Employees in the Crude Petroleum Extraction in Germany
  • Business in the Crude Petroleum Extraction in Germany
  • Profit in the Crude Petroleum Extraction in Germany

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Strict environmental and safety directives govern oil exploration and production. Oil companies must demonstrate technical expertise, financial strength, and robust safety measures before starting exploration or production.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Crude Petroleum Extraction in Germany industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Oil prices rocketed in 2022, boosting oil companies' profits. The jump in oil prices, triggered by increased demand and geopolitical instability, spurred record cash flows among oil companies.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Crude Petroleum Extraction in Germany industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.