Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#29 In EuropeBusiness
#20 In EuropeEmployees
#23 In EuropeWages
#25 In EuropeThe Crude Petroleum & Natural Gas Extraction in Lithuania ranks 29 in Europe with regards to its 2024 revenue (€42.6m). Revenue received by operators in Lithuania has been moderate in volatility over the past five-year period, with the average annual change in revenue (0.0 %) 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 & Natural Gas Extraction industry in Lithuania in 2024?
The market size of the Crude Petroleum & Natural Gas Extraction industry in Lithuania is €42.6m in 2024.
How many businesses are there in the Crude Petroleum & Natural Gas Extraction in Lithuania industry in 2024?
There are 4 businesses in the Crude Petroleum & Natural Gas Extraction industry in Lithuania, which has declined at a CAGR of 3.5 % between 2019 and 2024.
Has the Crude Petroleum & Natural Gas Extraction industry in Lithuania grown or declined over the past 5 years?
The market size of the Crude Petroleum & Natural Gas Extraction industry in Lithuania has been declining at a CAGR of 0.0 % between 2019 and 2024.
What is the forecast growth of the Crude Petroleum & Natural Gas Extraction industry in Lithuania over the next 5 years?
Over the next five years, the Crude Petroleum & Natural Gas Extraction industry in Lithuania is expected to grow.
What does the Crude Petroleum & Natural Gas Extraction in Lithuania include?
Extraction of crude petroleum and Extraction of natural gas are part of the Crude Petroleum & Natural Gas Extraction industry.
How competitive is the Crude Petroleum & Natural Gas Extraction industry in Lithuania?
The level of competition is low and steady in the Crude Petroleum & Natural Gas Extraction industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Coal & Lignite Mining in Lithuania
Complementors
- Crude Petroleum Extraction in Lithuania
- Natural Gas Extraction in Lithuania
- Petroleum & Natural Gas Support Services in Lithuania
Table of Contents
About this industry
Industry definition
This industry includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands, the production of natural gas and the recovery of hydrocarbon liquids. This includes operating and developing oil and gas field properties, including drilling, completing and equipping wells, operating separators, emulsion breakers, desilting equipment and field gathering lines for crude petroleum.
What's included in this industry?
Extraction of crude petroleumExtraction of natural gasIndustry Code
06 - Extraction of crude petroleum and natural gas in Lithuania
Performance
Revenue Highlights
Trends
- Revenue
- 2024 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 & Natural Gas Extraction in Lithuania
- Employees in the Crude Petroleum & Natural Gas Extraction in Lithuania
- Business in the Crude Petroleum & Natural Gas Extraction in Lithuania
- Profit in the Crude Petroleum & Natural Gas Extraction in Lithuania
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
External Drivers
Analysis
What demographic and macroeconomic factors impact the Crude Petroleum & Natural Gas Extraction in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
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 & Natural Gas Extraction in Lithuania 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.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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