The market is dominated by foreign suppliers, as imports account for 98.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.0% of total demand in 2022. Germany has the largest market size for extraction of crude petroleum and natural gas regionally, with demand reaching USD132 billion in 2022. Wintershall Ag is the largest company in Germany, generating 39.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 71.6% of total production value in 2022. The total number of companies increases in 2022, to 102 units. The costs of the industry increase by 10.8% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 5.3% of production value in 2022, the 18th highest regionally. The industry’s exports share decreases in 2022 to 75.7% of total production output. With production value of USD2.4 billion, Germany accounts for 0.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Extraction of Crude Petroleum and Natural Gas in Germany: ISIC 11. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Extraction of Crude Petroleum and Natural Gas in Germany: ISIC 11 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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