
World - Petroleum - Market Analysis, Forecast, Size, Trends and Insights
Global Petroleum Market 2020
Petroleum Market Size
The global petroleum market revenue amounted to $X in 2017, surging by X% against the previous year. In general, petroleum consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the global petroleum market attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.
Petroleum Production
In 2017, approx. X tons of petroleum were produced worldwide; dropping by -X% against the previous year. In general, petroleum production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. Over the period under review, the global petroleum production reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.
Petroleum Exports
Exports 2007-2017
In 2017, approx. X tons of petroleum were exported worldwide; going up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when exports increased by X% against the previous year. Global exports peaked in 2017, and are expected to retain its growth in the near future.
In value terms, petroleum exports totaled $X in 2017. Overall, petroleum exports continue to indicate a modest increase. Global exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.
Exports by Country
In 2017, the U.S. (X tons), followed by Russia (X tons), Singapore (X tons), the Netherlands (X tons), South Korea (X tons) and India (X tons) represented the largest exporters of petroleum, together generating X% of total exports. The following exporters - China (X tons), Belgium (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) together made up X% of total exports.
From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($X), Russia ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of global exports.
Among the main exporting countries, the U.S. (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other global leaders experienced more modest paces of growth.
Export Prices by Country
The average petroleum export price stood at $X per ton in 2017, jumping by X% against the previous year. In general, petroleum export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the average export prices for petroleum reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.
There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($X per ton), while the U.S. ($X per ton) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other global leaders experienced more modest paces of growth.
Petroleum Imports
Imports 2007-2017
In 2017, the global petroleum imports amounted to X tons, remaining constant against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Global imports peaked in 2017, and are likely to see steady growth in the immediate term.
In value terms, petroleum imports stood at $X in 2017. In general, petroleum imports continue to indicate a slight growth. Global imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.
Imports by Country
In 2017, the U.S. (X tons) and Singapore (X tons) were the major importers of petroleum in the globe, together creating X% of total imports. It was followed by the Netherlands (X tons), making up X% share of total imports. Mexico (X tons), Belgium (X tons), Germany (X tons), Malaysia (X tons), France (X tons), China (X tons), the UK (X tons), Indonesia (X tons) and Canada (X tons) held the weak share of total imports.
From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($X), Singapore ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of global imports. These countries were followed by Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China and Canada, which together accounted for a further X%.
In terms of the main importing countries, Malaysia (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2017, the average petroleum import price amounted to $X per ton, rising by X% against the previous year. Overall, petroleum import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Global import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.
Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per ton) and Germany ($X per ton), while China ($X per ton) and Canada ($X per ton) were amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other global leaders experienced a decline in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
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This report provides an in-depth analysis of the global petroleum market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Country coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
Data coverage:
• Market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Production, split by region and country;
• Trade (exports and imports);
• Export and import prices;
• Market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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