The European export landscape in 2023 for steel casing and tubing used in drilling for oil and gas shows notable contributors, with Italy leading at a significant margin of 52.58%, followed by Germany at 34.88%, and Spain at 7.13%. Trends indicate a general decrease for Italy by 19.26%, contrasting with Germany's growth of 16.44% and a substantial increase in Spain's share by 26.21%. Other noteworthy changes include Poland increasing by 28.59%, while Denmark and the United Kingdom experienced declines of 27.91% and 33.13% respectively.
Future trends to watch: Europe's energy sector might see shifts driven by renewable energy policies, impacting the demand for traditional oil and gas infrastructure materials. Innovation in drilling technologies and changes in global energy markets could influence European export dynamics for smaller diameter welded steel casing and tubing.
Top countries in Export of Steel Casing and Tubing, of a Kind Used in Drilling for Oil or Gas, Welded, of an External Diameter Less than 406,4 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.58 | 2023 | +25% | -19.26% | View data |
| 2 | 2 Germany | 34.88 | 2023 | +26.84% | +16.44% | View data |
| 3 | 3 Spain | 7.13 | 2023 | +20.03% | +26.21% | View data |
| 4 | 4 Denmark | 1.52 | 2023 | -55.88% | -27.91% | View data |
| 5 | 5 United Kingdom | 1.46 | 2023 | -60.34% | -33.13% | View data |
| 6 | 6 Netherlands | 1.29 | 2023 | -15.67% | -6.8% | View data |
| 7 | 7 Belgium | 0.61 | 2023 | -1.36% | +18.89% | View data |
| 8 | 8 Greece | 0.55 | 2023 | +14.24% | +16.35% | View data |
| 9 | 9 Poland | 0.5 | 2023 | +4.37% | +28.59% | View data |
| 10 | 10 France | 0.34 | 2023 | -21.97% | +9.9% | View data |
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