The market is dominated by foreign suppliers, as imports account for 99.1% of total market size in 2024. B2B drives market demand, with B2B spending representing 100% of total demand in 2024. France has the fourth largest market size for extraction of crude petroleum and natural gas regionally, with demand reaching USD71.2 billion in 2024. Vermilion Energy Inc is the largest company in France, generating 51.8% of the industry’s total production value in 2024. The industry is concentrated, with the top three companies generating 75.8% of total production value in 2024. The total number of companies remains unchanged in 2024. The costs of the industry increase by 3.8% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 50.2% of production value in 2024, the sixth highest regionally. The industry’s exports share decreases in 2024 to 6.8% of total production output. With production value of USD648 million, France accounts for % of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Extraction of Crude Petroleum and Natural Gas in France: 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 France: ISIC 11 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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