Brazil Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027
Summary
Oil & Gas in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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 value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The Brazilian oil & gas market had total revenues of $158.9 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.02% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 4.5% between 2017 and 2022, to reach a total of 976.5 million BoE in 2022.
- The Brazilian oil & gas market is driven by several macroeconomic factors, such as rising GDP, increasing industrialization, and rising inflation. According to in-house research, in 2022, Brazil’s real GDP annual growth rate stood at 3%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Brazil
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Brazil
- 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 Brazil oil & gas market with five year forecasts by both value and volume
- What was the size of the Brazil oil & gas market by value in 2022?
- What will be the size of the Brazil oil & gas market in 2027?
- What factors are affecting the strength of competition in the Brazil oil & gas market?
- How has the market performed over the last five years?
- Who are the top competitiors in Brazil's oil & gas market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What were the most notable recent developments in this market?
- 8 Company Profiles
- 8.1. Petroleo Brasileiro SA
- 8.2. Shell plc.
- 8.3. Chevron Corporation
- 8.4. Equinor ASA.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Brazil oil & gas market value: $ million, 2017-22
- Table 2: Brazil oil & gas market volume: million BoE, 2017-22
- Table 3: Brazil oil & gas market category segmentation: % share, by value, 2017-2022
- Table 4: Brazil oil & gas market category segmentation: $ million, 2017-2022
- Table 5: Brazil oil & gas market geography segmentation: $ million, 2022
- Table 6: Brazil oil & gas market value forecast: $ million, 2022-27
- Table 7: Brazil oil & gas market volume forecast: million BoE, 2022-27
- Table 8: Petroleo Brasileiro SA: key facts
- Table 9: Petroleo Brasileiro SA: Annual Financial Ratios
- Table 10: Petroleo Brasileiro SA: Key Employees
- Table 11: Petroleo Brasileiro SA: Key Employees Continued
- Table 12: Shell plc.: key facts
- Table 13: Shell plc.: Annual Financial Ratios
- Table 14: Shell plc.: Key Employees
- Table 15: Chevron Corporation: key facts
- Table 16: Chevron Corporation: Annual Financial Ratios
- Table 17: Chevron Corporation: Key Employees
- Table 18: Chevron Corporation: Key Employees Continued
- Table 19: Equinor ASA.: key facts
- Table 20: Equinor ASA.: Annual Financial Ratios
- Table 21: Equinor ASA.: Key Employees
- Table 22: Brazil size of population (million), 2018-22
- Table 23: Brazil gdp (constant 2005 prices, $ billion), 2018-22
- Table 24: Brazil gdp (current prices, $ billion), 2018-22
- Table 25: Brazil inflation, 2018-22
- Table 26: Brazil consumer price index (absolute), 2018-22
- Table 27: Brazil exchange rate, 2018-22
- List of Figures
- Figure 1: Brazil oil & gas market value: $ million, 2017-22
- Figure 2: Brazil oil & gas market volume: million BoE, 2017-22
- Figure 3: Brazil oil & gas market category segmentation: $ million, 2017-2022
- Figure 4: Brazil oil & gas market geography segmentation: % share, by value, 2022
- Figure 5: Brazil oil & gas market value forecast: $ million, 2022-27
- Figure 6: Brazil oil & gas market volume forecast: million BoE, 2022-27
- Figure 7: Forces driving competition in the oil & gas market in Brazil, 2022
- Figure 8: Drivers of buyer power in the oil & gas market in Brazil, 2022
- Figure 9: Drivers of supplier power in the oil & gas market in Brazil, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Brazil, 2022
- Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Brazil, 2022
- Figure 12: Drivers of degree of rivalry in the oil & gas market in Brazil, 2022
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