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Oil & Gas in Sweden

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    Report

  • 42 Pages
  • February 2025
  • Region: Sweden
  • MarketLine
  • ID: 1923515
Oil & Gas in Sweden 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 Swedish oil & gas market recorded revenues of $23.2 billion in 2024, representing a compound annual growth rate (CAGR) of 2.6% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 1.9% between 2019 and 2024, reaching a total of 103.1 million BoE in 2024.
  • The Swedish oil & gas market consumption volume grew by 0.4% in 2024, driven by rising industrial demand. The expansion of industrial activities across manufacturing, construction, and mining sectors has significantly boosted the need for fuel and energy. According to the United Nations Statistics Division (UNSTAT), in 2024, the Nominal Gross Value Added (GVA) in Sweden's industry reached $138.8 billion, reflecting a 4.1% increase from the previous year, driven by higher production requirements.

Scope

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

Reasons to Buy

  • What was the size of the Sweden oil & gas market by value in 2024?
  • What will be the size of the Sweden oil & gas market in 2029?
  • What factors are affecting the strength of competition in the Sweden oil & gas market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Sweden's oil & gas market?

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 strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Orron Energy AB
8.2. Preem AB
8.3. Svenska Petroleum Exploration AB
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Sweden oil & gas market value: $ million, 2019-24
Table 2: Sweden oil & gas market volume: million BoE, 2019-24
Table 3: Sweden oil & gas market category segmentation: % share, by value, 2019-24
Table 4: Sweden oil & gas market category segmentation: $ million, 2019-24
Table 5: Sweden oil & gas market geography segmentation: $ million, 2024
Table 6: Sweden oil & gas market value forecast: $ million, 2024-29
Table 7: Sweden oil & gas market volume forecast: million BoE, 2024-29
Table 8: Orron Energy AB: Key Facts
Table 9: Orron Energy AB: Annual Financial Ratios
Table 10: Orron Energy AB: Key Employees
Table 11: Preem AB: Key Facts
Table 12: Preem AB: Key Employees
Table 13: Svenska Petroleum Exploration AB: Key Facts
Table 14: Svenska Petroleum Exploration AB: Key Employees
Table 15: Sweden Size of Population (Million), 2020-24
Table 16: Sweden Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: Sweden GDP (Current Prices, $ Billion), 2020-24
Table 18: Sweden Inflation, 2020-24
Table 19: Sweden Consumer Price Index (Absolute), 2020-24
Table 20: Sweden Exchange Rate, 2019-24
List of Figures
Figure 1: Sweden oil & gas market value: $ million, 2019-24
Figure 2: Sweden oil & gas market volume: million BoE, 2019-24
Figure 3: Sweden oil & gas market category segmentation: $ million, 2019-24
Figure 4: Sweden oil & gas market geography segmentation: % share, by value, 2024
Figure 5: Sweden oil & gas market value forecast: $ million, 2024-29
Figure 6: Sweden oil & gas market volume forecast: million BoE, 2024-29
Figure 7: Forces driving competition in the oil & gas market in Sweden, 2024
Figure 8: Drivers of buyer power in the oil & gas market in Sweden, 2024
Figure 9: Drivers of supplier power in the oil & gas market in Sweden, 2024
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Sweden, 2024
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Sweden, 2024
Figure 12: Drivers of degree of rivalry in the oil & gas market in Sweden, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Orron Energy AB
  • Preem AB
  • Svenska Petroleum Exploration AB