Oil & Gas in South America
Summary
Oil & Gas in South America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
- The South American oil & gas market recorded revenues of $242.1 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.1% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 3.2% between 2018 and 2023, to reach a total of 1,864.8 million BoE in 2023.
- The contraction in the oil & gas market in recent years can be attributed to the growing sales of electric vehicles. According to MarketLine, the South American hybrid and electric cars market stood at $20.4 billion in 2023, an increase of 14.4% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in South America
- 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 America oil & gas market with five year forecasts by both value and volume
- What was the size of the South America oil & gas market by value in 2023?
- What will be the size of the South America oil & gas market in 2028?
- What factors are affecting the strength of competition in the South America oil & gas market?
- How has the market performed over the last five years?
- Who are the top competitors in South America's oil & gas market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value 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 most notable recent developments in this market?
- 8 Company Profiles
- 8.1. Shell plc.
- 8.2. Chevron Corporation
- 8.3. Petroleo Brasileiro SA
- 8.4. YPF SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. About MarketLine
- List of Tables
- Table 1: South America oil & gas market value: $ million, 2018-23
- Table 2: South America oil & gas market category segmentation: % share, by value, 2018-2023
- Table 3: South America oil & gas market category segmentation: $ million, 2018-2023
- Table 4: South America oil & gas market geography segmentation: $ million, 2023
- Table 5: South America oil & gas market value forecast: $ million, 2023-28
- Table 6: Shell plc.: key facts
- Table 7: Shell plc.: Annual Financial Ratios
- Table 8: Shell plc.: Key Employees
- Table 9: Chevron Corporation: key facts
- Table 10: Chevron Corporation: Annual Financial Ratios
- Table 11: Chevron Corporation: Key Employees
- Table 12: Chevron Corporation: Key Employees Continued
- Table 13: Petroleo Brasileiro SA: key facts
- Table 14: Petroleo Brasileiro SA: Annual Financial Ratios
- Table 15: Petroleo Brasileiro SA: Key Employees
- Table 16: YPF SA: key facts
- Table 17: YPF SA: Annual Financial Ratios
- Table 18: YPF SA: Key Employees
- Table 19: YPF SA: Key Employees Continued
- Table 20: South America exchange rate, 2019-23
- List of Figures
- Figure 1: South America oil & gas market value: $ million, 2018-23
- Figure 2: South America oil & gas market category segmentation: $ million, 2018-2023
- Figure 3: South America oil & gas market geography segmentation: % share, by value, 2023
- Figure 4: South America oil & gas market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the oil & gas market in South America, 2023
- Figure 6: Drivers of buyer power in the oil & gas market in South America, 2023
- Figure 7: Drivers of supplier power in the oil & gas market in South America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the oil & gas market in South America, 2023
- Figure 9: Factors influencing the threat of substitutes in the oil & gas market in South America, 2023
- Figure 10: Drivers of degree of rivalry in the oil & gas market in South America, 2023
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