Summary
Oil & Gas in Chile industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). 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 & gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas in each country in a specific year. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
- The Chilian oil & gas market recorded revenues of $23.1 billion in 2024, representing a compound annual growth rate (CAGR) of 3.5% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 1.5% between 2019 and 2024, reaching a total of 178.5 million BoE in 2024.
- The Chilean oil & gas market consumption volume grew by 2.0% in 2024 driven by increased demand in the transportation sector. The expansion of logistics and aviation significantly boosted fuel consumption. Post-pandemic recovery and the rise in e-commerce further fueled the need for efficient delivery and logistics networks. According to GlobalData, the Chilean transportation services industry was valued at $22.6 billion in 2024, a 3.6% increase from the previous year, highlighting strong demand for petroleum products across various sectors.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Chile
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Chile
- 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 Chile oil & gas market with five year forecasts
Reasons to Buy
- What was the size of the Chile oil & gas market by value in 2024?
- What will be the size of the Chile oil & gas market in 2029?
- What factors are affecting the strength of competition in the Chile oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up Chile's oil & gas market?
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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 are the strengths of the leading players?
7.3. What were the most notable recent developments in this market?
8 Company Profiles
8.1. Empresa Nacional del Petroleo
8.2. Empresas Copec SA
8.3. Greymouth Petroleum Ltd
8.4. GeoPark Ltd
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
Table 1: Chile oil & gas market value: $ million, 2019-24
Table 2: Chile oil & gas market volume: million BoE, 2019-24
Table 3: Chile oil & gas market category segmentation: % share, by value, 2019-24
Table 4: Chile oil & gas market category segmentation: $ million, 2019-24
Table 5: Chile oil & gas market geography segmentation: $ million, 2024
Table 6: Chile oil & gas market value forecast: $ million, 2024-29
Table 7: Chile oil & gas market volume forecast: million BoE, 2024-29
Table 8: Empresa Nacional del Petroleo: Key Facts
Table 9: Empresa Nacional del Petroleo: Key Employees
Table 10: Empresas Copec SA: Key Facts
Table 11: Empresas Copec SA: Annual Financial Ratios
Table 12: Empresas Copec SA: Key Employees
Table 13: Greymouth Petroleum Ltd: Key Facts
Table 14: Greymouth Petroleum Ltd: Key Employees
Table 15: GeoPark Ltd: Key Facts
Table 16: GeoPark Ltd: Annual Financial Ratios
Table 17: GeoPark Ltd: Key Employees
Table 18: Chile Size of Population (Million), 2020-24
Table 19: Chile Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Chile GDP (Current Prices, $ Billion), 2020-24
Table 21: Chile Inflation, 2020-24
Table 22: Chile Consumer Price Index (Absolute), 2020-24
Table 23: Chile Exchange Rate, 2019-24
List of Figures
Figure 1: Chile oil & gas market value: $ million, 2019-24
Figure 2: Chile oil & gas market volume: million BoE, 2019-24
Figure 3: Chile oil & gas market category segmentation: $ million, 2019-24
Figure 4: Chile oil & gas market geography segmentation: % share, by value, 2024
Figure 5: Chile oil & gas market value forecast: $ million, 2024-29
Figure 6: Chile oil & gas market volume forecast: million BoE, 2024-29
Figure 7: Forces driving competition in the oil & gas market in Chile, 2024
Figure 8: Drivers of buyer power in the oil & gas market in Chile, 2024
Figure 9: Drivers of supplier power in the oil & gas market in Chile, 2024
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Chile, 2024
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Chile, 2024
Figure 12: Drivers of degree of rivalry in the oil & gas market in Chile, 2024
