Hong Kong Oil and Gas Market Summary, Competitive Analysis and Forecast, 2017-2026

June 2022 | 44 pages | ID: HCCE632DECE6EN
MarketLine

Abstracts

Hong Kong Oil and Gas Market @Summary, Competitive Analysis and Forecast, 2017-2026

SUMMARY

Oil & Gas in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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 2020 annual average exchange rates.
• The Hong Kongese oil & gas market had total revenues of $9.1bn in 2021, representing a compound annual growth rate (CAGR) of 5.8% between 2016 and 2021.
• Market consumption volumes declined with a compound annual rate of change (CARC) of -2.5% between 2016 and 2021, to reach a total of 166.4 million BoE in 2021.
• The value of the Hong Kongese oil & gas market grew by 102.9% in 2021.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Hong Kong
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Hong Kong
• 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 Hong Kong oil & gas market with five year forecasts by both value and volume

REASONS TO BUY

• What was the size of the Hong Kong oil & gas market by value in 2021?
• What will be the size of the Hong Kong oil & gas market in 2026?
• What factors are affecting the strength of competition in the Hong Kong oil & gas market?
• How has the market performed over the last five years?
• Who are the top competitors in Hong Kong's oil & gas market?

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?

8 COMPANY PROFILES

8.1. CNOOC Limited
8.2. PetroChina Company Limited

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Hong Kong oil & gas market value: $ million, 2016-21
Table 2: Hong Kong oil & gas market volume: million BoE, 2016-21
Table 3: Hong Kong oil & gas market category segmentation: % share, by value, 2016-2021
Table 4: Hong Kong oil & gas market category segmentation: $ million, 2016-2021
Table 5: Hong Kong oil & gas market geography segmentation: $ million, 2021
Table 6: Hong Kong oil & gas market value forecast: $ million, 2021-26
Table 7: Hong Kong oil & gas market volume forecast: million BoE, 2021-26
Table 8: CNOOC Limited: key facts
Table 9: CNOOC Limited: Annual Financial Ratios
Table 10: CNOOC Limited: Key Employees
Table 11: PetroChina Company Limited: key facts
Table 12: PetroChina Company Limited: Annual Financial Ratios
Table 13: PetroChina Company Limited: Key Employees
Table 14: Hong Kong size of population (million), 2017-21
Table 15: Hong Kong gdp (constant 2005 prices, $ billion), 2017-21
Table 16: Hong Kong gdp (current prices, $ billion), 2017-21
Table 17: Hong Kong inflation, 2017-21
Table 18: Hong Kong consumer price index (absolute), 2017-21
Table 19: Hong Kong exchange rate, 2017-21

List Of Figures

LIST OF FIGURES

Figure 1: Hong Kong oil & gas market value: $ million, 2016-21
Figure 2: Hong Kong oil & gas market volume: million BoE, 2016-21
Figure 3: Hong Kong oil & gas market category segmentation: $ million, 2016-2021
Figure 4: Hong Kong oil & gas market geography segmentation: % share, by value, 2021
Figure 5: Hong Kong oil & gas market value forecast: $ million, 2021-26
Figure 6: Hong Kong oil & gas market volume forecast: million BoE, 2021-26
Figure 7: Forces driving competition in the oil & gas market in Hong Kong, 2021
Figure 8: Drivers of buyer power in the oil & gas market in Hong Kong, 2021
Figure 9: Drivers of supplier power in the oil & gas market in Hong Kong, 2021
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Hong Kong, 2021
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Hong Kong, 2021
Figure 12: Drivers of degree of rivalry in the oil & gas market in Hong Kong, 2021