Industry Statistics and Rankings
How does this industry perform in Austria compared to Europe?
Country Benchmarking
Industry Data Austria
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#12 In EuropeBusiness
#15 In EuropeEmployees
#14 In EuropeWages
#10 In EuropeNatural gas producers are facing turbulent times. Europe has traditionally relied on Russia and Norway as internal sources of natural gas, while countries such as the US, Qatar and Algeria are a major source of imports. Russia’s invasion of Ukraine has shaken up Europe’s natural gas supply structure, with European governments making efforts to reduce their dependence on Russian gas supplies.
Enterprises
Number of businesses in 2024
Biggest companies in the Natural Gas Extraction in Austria
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Natural Gas Extraction in Austria industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Natural Gas Extraction industry in Austria in 2024?
The market size of the Natural Gas Extraction industry in Austria is €166.1m in 2024.
How many businesses are there in the Natural Gas Extraction in Austria industry in 2024?
There are 1 businesses in the Natural Gas Extraction industry in Austria, which has declined at a CAGR of 0.5 % between 2019 and 2024.
Has the Natural Gas Extraction industry in Austria grown or declined over the past 5 years?
The market size of the Natural Gas Extraction industry in Austria has been declining at a CAGR of 0.3 % between 2019 and 2024.
What is the forecast growth of the Natural Gas Extraction industry in Austria over the next 5 years?
Over the next five years, the Natural Gas Extraction industry in Austria is expected to grow.
What does the Natural Gas Extraction in Austria include?
Natural gas extraction and are part of the Natural Gas Extraction industry.
How competitive is the Natural Gas Extraction industry in Austria?
The level of competition is moderate and increasing in the Natural Gas Extraction industry in Austria.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Companies in this industry extract natural gas from onshore and offshore fields. The industry also covers the extraction of condensates, the draining and separation of liquid hydrocarbon fractions and gas desulphurisation.
Related Terms
Liquefied Natural Gas (LNG)HydrocarbonRenewable EnergyWhat's included in this industry?
Natural gas extractionCompanies
Industry Code
062 - Extraction of natural gas in Austria
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Natural Gas Extraction in Austria industry?
Outlook
Analysis
What's driving the Natural Gas Extraction in Austria industry outlook?
Volatility
Analysis
What influences volatility in the Natural Gas Extraction in Austria industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Natural Gas Extraction in Austria industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Natural gas producers face a tough battle with renewables. Despite being the cleanest fossil fuel, natural gas is losing its popularity as a power source for electricity as renewables quickly gather momentum across the continent.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Natural Gas Extraction in Austria industry's products and services performing?
Analysis
What are innovations in the Natural Gas Extraction in Austria industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Natural Gas Extraction in Austria industry?
International Trade
Highlights
- Total Imports into Austria
- Total Exports into Austria
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Limited natural gas reserves facilitate the dominance of a small number of companies. A few large multinationals and state-owned corporations operate Europe’s major gas fields, though partnerships on oil and gas fields ensure some distribution of income.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Natural Gas Extraction in Austria located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Natural gas extraction operations are governed by strict protocols. Legislation covers safety standards and the environmental impact of extraction activity, ensuring a balance between growth and sustainable practices.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Natural Gas Extraction in Austria industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising gas prices fire up profitability. Soaring natural gas prices are allowing companies to rake in excess profits, leading governments to intervene with windfall taxes.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Natural Gas Extraction in Austria industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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