Industry Statistics and Rankings
How does this industry perform in Ireland compared to Europe?
Country Benchmarking
Industry Data Ireland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#24 In EuropeBusiness
#7 In EuropeEmployees
#22 In EuropeWages
#20 In EuropeThe Crude Petroleum Extraction in Ireland ranks 24 in Europe with regards to its 2024 revenue (€5.0m). Revenue received by operators in Ireland has been high in volatility over the past five-year period, with the average annual change in revenue (8.9 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Crude Petroleum Extraction industry in Ireland in 2024?
The market size of the Crude Petroleum Extraction industry in Ireland is €5.0m in 2024.
How many businesses are there in the Crude Petroleum Extraction in Ireland industry in 2024?
There are 14 businesses in the Crude Petroleum Extraction industry in Ireland, which has declined at a CAGR of 1.4 % between 2019 and 2024.
Has the Crude Petroleum Extraction industry in Ireland grown or declined over the past 5 years?
The market size of the Crude Petroleum Extraction industry in Ireland has been declining at a CAGR of 8.9 % between 2019 and 2024.
What is the forecast growth of the Crude Petroleum Extraction industry in Ireland over the next 5 years?
Over the next five years, the Crude Petroleum Extraction industry in Ireland is expected to grow.
What does the Crude Petroleum Extraction in Ireland include?
Onshore Crude Oil and Offshore Crude Oil are part of the Crude Petroleum Extraction industry.
How competitive is the Crude Petroleum Extraction industry in Ireland?
The level of competition is moderate and steady in the Crude Petroleum Extraction industry in Ireland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Hard Coal Mining in Ireland
Complementors
- Crude Petroleum Extraction in Ireland
- Petroleum & Natural Gas Support Services in Ireland
Table of Contents
About this industry
Industry definition
Companies in this industry extract natural gas from onshore and offshore fields. The industry also covers the extraction of bituminous or oil shale and tar sand.
What's included in this industry?
Onshore Crude OilOffshore Crude OilIndustry Code
061 - Extraction of crude petroleum in Ireland
Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Crude Petroleum Extraction in Ireland
- Employees in the Crude Petroleum Extraction in Ireland
- Business in the Crude Petroleum Extraction in Ireland
- Profit in the Crude Petroleum Extraction in Ireland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Strict environmental and safety directives govern oil exploration and production. Oil companies must demonstrate technical expertise, financial strength, and robust safety measures before starting exploration or production.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Crude Petroleum Extraction in Ireland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Oil prices rocketed in 2022, boosting oil companies' profits. The jump in oil prices, triggered by increased demand and geopolitical instability, spurred record cash flows among oil companies.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Crude Petroleum Extraction in Ireland industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
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