The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreMar 2017
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It is forecast that the extraction of crude petroleum and natural gas industry will, however, turn to growth, with a 4% CAGR between 2015 and 2020, driven by increases in production volumes as a result of Mexican energy reform and an expected recovery in global oil prices. Mexico’s exports of crude petroleum and natural gas decrease by 35% in 2015, owing to lower production domestically and weak oil prices. Production turnover is severely affected by falling crude oil prices and decreasing production volumes. As a result, industry turnover falls by 38% in 2015. Total consumption of crude petroleum remains stable in 2015, while consumption of natural gas falls by 4% . The extraction of crude petroleum and natural gas market undergoes tough times, as market value drops by 39% in 2015 due to falling crude oil prices.
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This Euromonitor industrial report provides unique data and analysis of Extraction of Crude Petroleum and Natural Gas in Mexico: ISIC 11. With this industrial report, you’ll be able to explore in detail the entire industry from its sources of supply to its buyers.
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This industrial report originates from Passport our global market research database. Passport Industrial is a breakthrough economic research solution that analyses the industrial makeup of the largest economies in the world. It provides a strategic assessment of every industry and explains the complex relationships between them.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.