Oil & Gas in Vietnam

Oil & Gas in Vietnam

Summary

Oil & Gas in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Vietnam oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 Vietnamese oil & gas market had total revenues of $8,207.4m in 2017, representing a compound annual rate of change (CARC) of -12.4% between 2013 and 2017.
- Market consumption volume increased with a compound annual growth rate (CAGR) of 4.5% between 2013 and 2017, to reach a total of 229.3 million barrels of oil equivalent in 2017.
- Volume consumption levels have grown at a steady pace in Vietnam despite the decline in the value of its oil and gas market. Consumption has increased to the growing nature of the Vietnamese economy which has boosted the income of the country’s middle class and commercial activity, allowing a greater number of private individuals and business to purchase fuel driven automobiles. According to the Vietnam Automobile Manufacturers Association (VAMA) the country 89,952 sales of cars were made in Vietnam in 2013. By 2017 this figure had risen to 250,619 car sales. The growing economy of the country and rising wages have as such boosted demand for oil and gas.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Vietnam
- 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 Vietnam oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the Vietnam oil & gas market by value in 2017?
- What will be the size of the Vietnam oil & gas market in 2022?
- What factors are affecting the strength of competition in the Vietnam oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up Vietnam's oil & gas market?

Frequently Asked Questions



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