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Vietnam Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 48 Pages
  • June 2023
  • Region: Vietnam
  • MarketLine
  • ID: 5864620
Oil & Gas in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Vietnamese oil & gas market generated total revenues of $36.1 billion in 2022, representing a compound annual growth rate (CAGR) of 11.2% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 2.2% between 2017 and 2022, to reach a total of 0.2 billion BoE in 2022.
  • The Vietnamese oil & gas market is driven by several macroeconomic factors, such as rising GDP coupled with increasing industrialization and rising inflation. Economic growth plays a significant role, as expanding economies lead to increased business growth in end-use industries, driving demand for the oil & gas market.

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 2022?
  • What will be the size of the Vietnam oil & gas market in 2027?
  • What factors are affecting the strength of competition in the Vietnam oil & gas market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Vietnam's oil & gas market?
Frequently Asked Questions about the Vietnamese Oil and Gas Market

What is the estimated value of the Vietnamese Oil and Gas Market?

The Vietnamese Oil and Gas Market was estimated to be valued at $36.1 Billion in 2022.

What is the growth rate of the Vietnamese Oil and Gas Market?

The growth rate of the Vietnamese Oil and Gas Market is 4.2%, with an estimated value of $44.5 Billion by 2027.

What is the forecasted size of the Vietnamese Oil and Gas Market?

The Vietnamese Oil and Gas Market is estimated to be worth $44.5 Billion by 2027.

Who are the key companies in the Vietnamese Oil and Gas Market?

Key companies in the Vietnamese Oil and Gas Market include Exxon Mobil Corporation, Shell plc. and TotalEnergies S.E..

Table of Contents

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 were the most notable recent developments in this market?
8 Company Profiles
8.1. Exxon Mobil Corporation
8.2. Shell plc.
8.3. TotalEnergies S.E.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Vietnam oil & gas market value: $ million, 2017-22
Table 2: Vietnam oil & gas market volume: million BoE, 2017-22
Table 3: Vietnam oil & gas market category segmentation: % share, by value, 2017-2022
Table 4: Vietnam oil & gas market category segmentation: $ million, 2017-2022
Table 5: Vietnam oil & gas market geography segmentation: $ million, 2022
Table 6: Vietnam oil & gas market value forecast: $ million, 2022-27
Table 7: Vietnam oil & gas market volume forecast: million BoE, 2022-27
Table 8: Exxon Mobil Corporation: key facts
Table 9: Exxon Mobil Corporation: Annual Financial Ratios
Table 10: Exxon Mobil Corporation: Key Employees
Table 11: Exxon Mobil Corporation: Key Employees Continued
Table 12: Shell plc.: key facts
Table 13: Shell plc.: Annual Financial Ratios
Table 14: Shell plc.: Key Employees
Table 15: TotalEnergies S.E.: key facts
Table 16: TotalEnergies S.E.: Annual Financial Ratios
Table 17: TotalEnergies S.E.: Key Employees
Table 18: Vietnam size of population (million), 2018-22
Table 19: Vietnam gdp (constant 2005 prices, $ billion), 2018-22
Table 20: Vietnam gdp (current prices, $ billion), 2018-22
Table 21: Vietnam inflation, 2018-22
Table 22: Vietnam consumer price index (absolute), 2018-22
Table 23: Vietnam exchange rate, 2018-22
List of Figures
Figure 1: Vietnam oil & gas market value: $ million, 2017-22
Figure 2: Vietnam oil & gas market volume: million BoE, 2017-22
Figure 3: Vietnam oil & gas market category segmentation: $ million, 2017-2022
Figure 4: Vietnam oil & gas market geography segmentation: % share, by value, 2022
Figure 5: Vietnam oil & gas market value forecast: $ million, 2022-27
Figure 6: Vietnam oil & gas market volume forecast: million BoE, 2022-27
Figure 7: Forces driving competition in the oil & gas market in Vietnam, 2022
Figure 8: Drivers of buyer power in the oil & gas market in Vietnam, 2022
Figure 9: Drivers of supplier power in the oil & gas market in Vietnam, 2022
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Vietnam, 2022
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Vietnam, 2022
Figure 12: Drivers of degree of rivalry in the oil & gas market in Vietnam, 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Exxon Mobil Corporation
  • Shell plc.
  • TotalEnergies S.E.