Oil & Gas in Israel
Summary
Oil & Gas in Israel industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Israeli oil & gas market recorded revenues of $55.8 billion in 2024, representing a compound annual growth rate (CAGR) of 4.7% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 2.7% between 2019 and 2024, reaching a total of 257.2 million BoE in 2024.
- The Israeli oil & gas market consumption volume grew by 2.6% 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 Israel’s industry reached $95.1 billion, reflecting a 4.0% increase from the previous year, driven by higher production requirements.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Israel
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Israel
- 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 Israel oil & gas market with five year forecasts by both value and volume
- What was the size of the Israel oil & gas market by value in 2024?
- What will be the size of the Israel oil & gas market in 2029?
- What factors are affecting the strength of competition in the Israel oil & gas market?
- How has the market performed over the last five years?
- Who are the top competitors in Israel's oil & gas market?
- 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 are the strengths of the leading players?
- 7.3. What were the most notable recent developments in this market?
- 8 Company Profiles
- 8.1. Chevron Corp
- 8.2. Delek Group Ltd
- 8.3. Oil Refineries Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Israel oil & gas market value: $ million, 2019-24
- Table 2: Israel oil & gas market volume: million BoE, 2019-24
- Table 3: Israel oil & gas market category segmentation: % share, by value, 2019-24
- Table 4: Israel oil & gas market category segmentation: $ million, 2019-24
- Table 5: Israel oil & gas market geography segmentation: $ million, 2024
- Table 6: Israel oil & gas market value forecast: $ million, 2024-29
- Table 7: Israel oil & gas market volume forecast: million BoE, 2024-29
- Table 8: Chevron Corp: Key Facts
- Table 9: Chevron Corp: Annual Financial Ratios
- Table 10: Chevron Corp: Key Employees
- Table 11: Delek Group Ltd: Key Facts
- Table 12: Delek Group Ltd: Annual Financial Ratios
- Table 13: Delek Group Ltd: Key Employees
- Table 14: Oil Refineries Ltd: Key Facts
- Table 15: Oil Refineries Ltd: Annual Financial Ratios
- Table 16: Oil Refineries Ltd: Key Employees
- Table 17: Israel Size of Population (Million), 2020-24
- Table 18: Israel Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 19: Israel GDP (Current Prices, $ Billion), 2020-24
- Table 20: Israel Inflation, 2020-24
- Table 21: Israel Consumer Price Index (Absolute), 2020-24
- Table 22: Israel Exchange Rate, 2019-24
- List of Figures
- Figure 1: Israel oil & gas market value: $ million, 2019-24
- Figure 2: Israel oil & gas market volume: million BoE, 2019-24
- Figure 3: Israel oil & gas market category segmentation: $ million, 2019-24
- Figure 4: Israel oil & gas market geography segmentation: % share, by value, 2024
- Figure 5: Israel oil & gas market value forecast: $ million, 2024-29
- Figure 6: Israel oil & gas market volume forecast: million BoE, 2024-29
- Figure 7: Forces driving competition in the oil & gas market in Israel, 2024
- Figure 8: Drivers of buyer power in the oil & gas market in Israel, 2024
- Figure 9: Drivers of supplier power in the oil & gas market in Israel, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Israel, 2024
- Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Israel, 2024
- Figure 12: Drivers of degree of rivalry in the oil & gas market in Israel, 2024
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