The forecast for Germany’s imports of oil or gas drilling casing of less than 406 mm diameter shows a significant decline from 2024 to 2028. In 2023, the import value stood at an estimated higher level, but forecasts indicate a steep downward trajectory. A year-on-year analysis reveals sharp drops, particularly between 2026 and 2028, highlighting a concern for consistent demand reduction.

Future trends to watch:

Evaluate shifts in energy policies aimed at renewable energy fostering decreased reliance on traditional drilling equipment.
Observe technological advancements that may reduce the casing demand by enhancing drilling efficiencies.
Monitor geopolitical factors and their impact on the import dynamics of drilling casings.