South America Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027
Summary
Oil & Gas in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 South American oil & gas market had total revenues of $295.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.5% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 4% between 2017 and 2022, reaching a total of 1.9 billion BoE in 2022.
- The South American oil & gas market is driven by several macroeconomic factors, such as rising GDP coupled with increasing industrialization and rising inflation. For instance, the real GDP annual growth rate of Brazil in 2022 stood at 2.7%, according to in-house research.
- Save time carrying out entry-level research by identifying the size, growth, 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
- What was the size of the South America oil & gas market by value in 2022?
- What will be the size of the South America oil & gas market in 2027?
- 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?
- How large is South America’s oil & gas market in relation to its regional counterparts?
- 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 player?
- 7.4. What has been the rationale behind recent M&A activity?
- 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. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South America oil & gas market value: $ billion, 2017-22
- Table 2: South America oil & gas market volume: million BoE, 2017-22
- Table 3: South America oil & gas market category segmentation: % share, by value, 2017-2022
- Table 4: South America oil & gas market category segmentation: $ billion, 2017-2022
- Table 5: South America oil & gas market geography segmentation: $ billion, 2022
- Table 6: South America oil & gas market value forecast: $ billion, 2022-27
- Table 7: South America oil & gas market volume forecast: million BoE, 2022-27
- Table 8: Shell plc.: key facts
- Table 9: Shell plc.: Annual Financial Ratios
- Table 10: Shell plc.: Key Employees
- Table 11: Chevron Corporation: key facts
- Table 12: Chevron Corporation: Annual Financial Ratios
- Table 13: Chevron Corporation: Key Employees
- Table 14: Chevron Corporation: Key Employees Continued
- Table 15: Petroleo Brasileiro SA: key facts
- Table 16: Petroleo Brasileiro SA: Annual Financial Ratios
- Table 17: Petroleo Brasileiro SA: Key Employees
- Table 18: Petroleo Brasileiro SA: Key Employees Continued
- Table 19: YPF SA: key facts
- Table 20: YPF SA: Annual Financial Ratios
- Table 21: YPF SA: Key Employees
- Table 22: YPF SA: Key Employees Continued
- Table 23: South America exchange rate, 2018-22
- List of Figures
- Figure 1: South America oil & gas market value: $ billion, 2017-22
- Figure 2: South America oil & gas market volume: million BoE, 2017-22
- Figure 3: South America oil & gas market category segmentation: $ billion, 2017-2022
- Figure 4: South America oil & gas market geography segmentation: % share, by value, 2022
- Figure 5: South America oil & gas market value forecast: $ billion, 2022-27
- Figure 6: South America oil & gas market volume forecast: million BoE, 2022-27
- Figure 7: Forces driving competition in the oil & gas market in South America, 2022
- Figure 8: Drivers of buyer power in the oil & gas market in South America, 2022
- Figure 9: Drivers of supplier power in the oil & gas market in South America, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in South America, 2022
- Figure 11: Factors influencing the threat of substitutes in the oil & gas market in South America, 2022
- Figure 12: Drivers of degree of rivalry in the oil & gas market in South America, 2022
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