B2B drives market demand, with B2B spending representing 96.0% of total demand in 2025. Saudi Arabia has the third largest market size for extraction of crude petroleum and natural gas regionally, with demand reaching USD47.6 billion in 2025. Saudi Aramco is the largest company in Saudi Arabia, generating 44.1% of the industry’s total production value in 2025. The industry is fragmented, with the top four companies generating 44.8% of total production value in 2025. The total number of companies remains unchanged in 2025. The costs of the industry decrease by 1.6% in 2025, largely driven by declining labour costs. The industry’s profitability decreases and stands at 83.4% of production value in 2025, the highest regionally. The industry’s exports share decreases in 2025 to 83.0% of total production output. The production value of extraction of crude petroleum and natural gas in Saudi Arabia is USD297 billion in 2025.
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This Euromonitor industrial report provides unique information on Extraction of Crude Petroleum and Natural Gas in Saudi Arabia: 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 Saudi Arabia: ISIC 11 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Energy in Saudi Arabia report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Energy?
- How the Energy will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Extraction of Crude Petroleum and Natural Gas in Saudi Arabia: ISIC 11
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