+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Oil & Gas in Turkey

  • PDF Icon

    Report

  • 42 Pages
  • February 2025
  • Region: Turkey
  • MarketLine
  • ID: 2673516
Oil & Gas in Turkey 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 Turkish oil & gas market recorded revenues of $82.9 billion in 2024, representing a negative compound annual growth rate (CAGR) of 2.2% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 2.04% between 2019 and 2024, reaching a total of 691.6 million BoE in 2024.
  • Turkey captured a share of 4.6% in the European oil and gas consumption volume in 2024.

Scope

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

Reasons to Buy

  • What was the size of the Turkey oil & gas market by value in 2024?
  • What will be the size of the Turkey oil & gas market in 2029?
  • What factors are affecting the strength of competition in the Turkey oil & gas market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Turkey'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. Turkiye Petrol Rafinerileri AS
8.2. Turkiye Petrolleri Anonim Ortakligi
8.3. Lukoil Oil Co
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: Turkey oil & gas market value: $ million, 2019-24
Table 2: Turkey oil & gas market volume: million BoE, 2019-24
Table 3: Turkey oil & gas market category segmentation: % share, by value, 2019-24
Table 4: Turkey oil & gas market category segmentation: $ million, 2019-24
Table 5: Turkey oil & gas market geography segmentation: $ million, 2024
Table 6: Turkey oil & gas market value forecast: $ million, 2024-29
Table 7: Turkey oil & gas market volume forecast: million BoE, 2024-29
Table 8: Turkiye Petrol Rafinerileri AS: Key Facts
Table 9: Turkiye Petrol Rafinerileri AS: Annual Financial Ratios
Table 10: Turkiye Petrol Rafinerileri AS: Key Employees
Table 11: Turkiye Petrolleri Anonim Ortakligi: Key Facts
Table 12: Turkiye Petrolleri Anonim Ortakligi: Key Employees
Table 13: Lukoil Oil Co: Key Facts
Table 14: Lukoil Oil Co: Annual Financial Ratios
Table 15: Lukoil Oil Co: Key Employees
Table 16: Turkey Size of Population (Million), 2020-24
Table 17: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 18: Turkey GDP (Current Prices, $ Billion), 2020-24
Table 19: Turkey Inflation, 2020-24
Table 20: Turkey Consumer Price Index (Absolute), 2020-24
Table 21: Turkey Exchange Rate, 2019-24
List of Figures
Figure 1: Turkey oil & gas market value: $ million, 2019-24
Figure 2: Turkey oil & gas market volume: million BoE, 2019-24
Figure 3: Turkey oil & gas market category segmentation: $ million, 2019-24
Figure 4: Turkey oil & gas market geography segmentation: % share, by value, 2024
Figure 5: Turkey oil & gas market value forecast: $ million, 2024-29
Figure 6: Turkey oil & gas market volume forecast: million BoE, 2024-29
Figure 7: Forces driving competition in the oil & gas market in Turkey, 2024
Figure 8: Drivers of buyer power in the oil & gas market in Turkey, 2024
Figure 9: Drivers of supplier power in the oil & gas market in Turkey, 2024
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Turkey, 2024
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Turkey, 2024
Figure 12: Drivers of degree of rivalry in the oil & gas market in Turkey, 2024

Companies Mentioned (Partial List)

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

  • Turkiye Petrol Rafinerileri AS
  • Turkiye Petrolleri Anonim Ortakligi
  • Lukoil Oil Co