The European export landscape for casing, tubing, and drill pipes displays Austria as the leading exporter with a share of 35.72%, followed by France and Italy. Notable shifts show a decline in Germany's contribution by 22.03%, whereas Ireland and Lithuania marked significant growth in 2023. The United Kingdom and the Netherlands experienced modest gains, contrasting with declines in Poland and Slovakia. Over the last five years, the compound annual growth rate illustrates varying dynamics across countries, with fluctuations in international demand and production capacity impacting export volumes.
Future trends to watch include potential recovery or further decline in traditional exporting countries, influenced by global energy demands and technological advancements in oil drilling. Emerging exporters like Sweden and Lithuania may continue growing, driven by strategic initiatives and investments in enhancing their manufacturing and export capabilities.
Top countries in Export of Casing, Tubing and Drill Pipe, of a Kind Used in the Drilling for Oil or Gas, Seamless of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 35.72 | 2023 | +12.38% | -2.46% | View data |
| 2 | 2 France | 21.66 | 2023 | +106.83% | -2.37% | View data |
| 3 | 3 Italy | 11.68 | 2023 | +0.99% | -5.69% | View data |
| 4 | 4 Spain | 10.55 | 2023 | +18.93% | -5.38% | View data |
| 5 | 5 Romania | 4.91 | 2023 | -6.22% | -8.26% | View data |
| 6 | 6 Germany | 4.3 | 2023 | -32.18% | -22.03% | View data |
| 7 | 7 United Kingdom | 3.97 | 2023 | -5.04% | +5.81% | View data |
| 8 | 8 Netherlands | 1.89 | 2023 | +10.5% | +9.61% | View data |
| 9 | 9 Belgium | 1.55 | 2023 | +4.18% | +1.31% | View data |
| 10 | 10 Czechia | 1.25 | 2023 |
