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Crude Petroleum & Natural Gas Extraction in the UK - Market Size (2013–2031)

SIC B06.000 Last Updated: February 2025

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£33.0bn

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Crude Petroleum & Natural Gas Extraction in the UK Market Size in 2025
5.3%

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 Crude Petroleum & Natural Gas Extraction in the UK Market Size Growth in 2025
3.4%

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 Crude Petroleum & Natural Gas Extraction in the UK Market Size CAGR 2020-2025

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 Crude Petroleum & Natural Gas Extraction in the UK Market Size CAGR 2025-2030

Curious about what drives these trends? IBISWorld's Crude Petroleum & Natural Gas Extraction in the UK Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Crude Petroleum & Natural Gas Extraction in the UK in 2024?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK was £31.4bn in 2024.

  • What was the growth rate of the Crude Petroleum & Natural Gas Extraction in the UK in 2024?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK decreased -25.8% in 2024.

  • What was the market size of the Crude Petroleum & Natural Gas Extraction in the UK in 2025?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK is £33.0bn in 2025.

  • What is the growth rate of the Crude Petroleum & Natural Gas Extraction in the UK in 2025?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK increased 5.3% in 2025.

  • Has the Crude Petroleum & Natural Gas Extraction in the UK grown or declined over the past 5 years?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK has declined at a -25.8% CAGR between 2019 and 2024.

  • Is the Crude Petroleum & Natural Gas Extraction in the UK expected to grow or decline over the next five years?

    See our full analysis of the Crude Petroleum & Natural Gas Extraction in the UK to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Crude Petroleum & Natural Gas Extraction in the UK grown or declined over the past 5 years?

    The market size of the Crude Petroleum & Natural Gas Extraction in the UK has grown at a 3.4% CAGR between 2020 and 2025.

  • Is the Crude Petroleum & Natural Gas Extraction in the UK expected to grow or decline over the next five years?

    See our full analysis of the Crude Petroleum & Natural Gas Extraction in the UK to understand if the industry market size is expected to grow or decline over the next five years.

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