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The World Market for Iron Casing, Tubing, and Drill Pipe Used In Drilling for Oil or Gas Excluding Those Made of Cast Iron: A 2021 Global Trade Perspective

September 2020 | 244 pages | ID: W251B9BA412EN
ICON Group International

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This report was created for strategic planners, international executives, and import/export managers who are concerned with the market for iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models.

On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron? What is the dollar value of these imports? How much do the imports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?

In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron. The total level of imports and exports on a worldwide basis, and those for each region, is based on a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the shares that countries are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron, for each individual country. Chapter 4 does the same, but for imports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron to and from all major countries in the world. Of the 150 countries considered, if a country is not reported here, it is therefore estimated to have only a negligible level of trade in iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron (i.e. their market shares are close or equal to zero percent). 'Iron Casing, Tubing, and Drill Pipe Used In Drilling for Oil or Gas Excluding Those Made of Cast Iron' as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defines 'iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron' is 67913.

Important Caveat: The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for the current year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential. For example, 'mad cow' disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism, and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the 'net loss' or 'net gain' due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place.

Related Reports: This report was created for the market for iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron. Closely related reports published by ICON Group include the following:
  • The World Market for Cast Iron Nonmalleable Cast Fittings: A 2021 Global Trade Perspective
  • The World Market for Cast Iron Seamless Tubes, Pipes, and Hollow Profiles: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Casing and Tubing Used in Drilling for Oil or Gas: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Casing Used in Drilling for Oil or Gas: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Cast Fittings Excluding of Nonmalleable Cast Iron: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Line Pipe with Internal and External Circular Cross-Sections and External Diameter over 406.4 mm for Oil and Gas Pipelines Excluding Seamless Line Pipe: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Seamless Line Pipe Used for Oil and Gas Pipelines Excluding Those Made of Cast Iron: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Seamless Tubes, Pipes, and Hollow Profiles: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Tube and Pipe Fittings: A 2021 Global Trade Perspective
  • The World Market for Iron and Steel Tubes and Pipes with Internal and External Circular Cross-Sections and External Diameter over 406.4 mm Excluding Tubes and Pipes: A 2021 Global Trade Perspective
  • The World Market for Stainless Steel Butt Welded Fittings: A 2021 Global Trade Perspective
  • The World Market for Stainless Steel Flanges: A 2021 Global Trade Perspective
  • The World Market for Stainless Steel Threaded Elbows, Bends, and Sleeves: A 2021 Global Trade Perspective
1 METHODOLOGY

1.1 OUR APPROACH

2 THE WORLD MARKET

2.1 EXPORTS
  2.1.1 THE WORLD MARKET: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON EXPORT SUPPLIES IN 2021
2.2 IMPORTS
  2.2.1 THE WORLD MARKET: IMPORTED IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021

3 EXPORTS

3.1 AFRICA: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.1.1 EXECUTIVE SUMMARY
  3.1.2 ANGOLA
  3.1.3 BOTSWANA
  3.1.4 CAMEROON
  3.1.5 CONGO (FORMERLY ZAIRE)
  3.1.6 EGYPT
  3.1.7 EQUATORIAL GUINEA
  3.1.8 GABON
  3.1.9 GHANA
  3.1.10 KENYA
  3.1.11 MALI
  3.1.12 MOROCCO
  3.1.13 MOZAMBIQUE
  3.1.14 NAMIBIA
  3.1.15 NIGERIA
  3.1.16 SENEGAL
  3.1.17 SOUTH AFRICA
  3.1.18 SWAZILAND
  3.1.19 TANZANIA
  3.1.20 THE REPUBLIC OF CONGO
  3.1.21 TUNISIA
  3.1.22 UGANDA
  3.1.23 ZAMBIA
3.2 ASIA: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.2.1 EXECUTIVE SUMMARY
  3.2.2 BRUNEI
  3.2.3 BURMA
  3.2.4 CHINA
  3.2.5 HONG KONG
  3.2.6 INDIA
  3.2.7 INDONESIA
  3.2.8 JAPAN
  3.2.9 MALAYSIA
  3.2.10 PAPUA NEW GUINEA
  3.2.11 PHILIPPINES
  3.2.12 SINGAPORE
  3.2.13 SOUTH KOREA
  3.2.14 TAIWAN
  3.2.15 THAILAND
  3.2.16 VIETNAM
3.3 EUROPE: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.3.1 EXECUTIVE SUMMARY
  3.3.2 ALBANIA
  3.3.3 AUSTRIA
  3.3.4 BELARUS
  3.3.5 BELGIUM
  3.3.6 BOSNIA AND HERZEGOVINA
  3.3.7 BULGARIA
  3.3.8 CROATIA
  3.3.9 CYPRUS
  3.3.10 CZECH REPUBLIC
  3.3.11 DENMARK
  3.3.12 ESTONIA
  3.3.13 FINLAND
  3.3.14 FRANCE
  3.3.15 GEORGIA
  3.3.16 GERMANY
  3.3.17 GREECE
  3.3.18 HUNGARY
  3.3.19 IRELAND
  3.3.20 ITALY
  3.3.21 KAZAKHSTAN
  3.3.22 LATVIA
  3.3.23 LITHUANIA
  3.3.24 LUXEMBOURG
  3.3.25 MALTA
  3.3.26 NORWAY
  3.3.27 POLAND
  3.3.28 PORTUGAL
  3.3.29 ROMANIA
  3.3.30 RUSSIA
  3.3.31 SLOVAKIA
  3.3.32 SLOVENIA
  3.3.33 SPAIN
  3.3.34 SWEDEN
  3.3.35 SWITZERLAND
  3.3.36 THE NETHERLANDS
  3.3.37 THE UNITED KINGDOM
  3.3.38 UKRAINE
3.4 LATIN AMERICA: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.4.1 EXECUTIVE SUMMARY
  3.4.2 ARGENTINA
  3.4.3 BELIZE
  3.4.4 BOLIVIA
  3.4.5 BRAZIL
  3.4.6 CHILE
  3.4.7 COLOMBIA
  3.4.8 ECUADOR
  3.4.9 GUATEMALA
  3.4.10 MEXICO
  3.4.11 PANAMA
  3.4.12 PERU
  3.4.13 URUGUAY
  3.4.14 VENEZUELA
3.5 NORTH AMERICA & THE CARIBBEAN: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.5.1 EXECUTIVE SUMMARY
  3.5.2 ANTIGUA AND BARBUDA
  3.5.3 CANADA
  3.5.4 CUBA
  3.5.5 JAMAICA
  3.5.6 THE UNITED STATES
  3.5.7 TRINIDAD AND TOBAGO
3.6 OCEANIA: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.6.1 EXECUTIVE SUMMARY
  3.6.2 AUSTRALIA
  3.6.3 NEW ZEALAND
3.7 THE MIDDLE EAST: EXPORT SUPPLIES OF IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IN 2021
  3.7.1 EXECUTIVE SUMMARY
  3.7.2 AZERBAIJAN
  3.7.3 BAHRAIN
  3.7.4 IRAN
  3.7.5 ISRAEL
  3.7.6 KUWAIT
  3.7.7 OMAN
  3.7.8 SAUDI ARABIA
  3.7.9 THE UNITED ARAB EMIRATES
  3.7.10 TURKEY
  3.7.11 YEMEN

4 IMPORTS

4.1 AFRICA: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.1.1 EXECUTIVE SUMMARY
  4.1.2 ALGERIA
  4.1.3 BENIN
  4.1.4 BOTSWANA
  4.1.5 BURKINA FASO
  4.1.6 CAMEROON
  4.1.7 CONGO (FORMERLY ZAIRE)
  4.1.8 COTE D'IVOIRE
  4.1.9 EGYPT
  4.1.10 ETHIOPIA
  4.1.11 GUINEA
  4.1.12 MADAGASCAR
  4.1.13 MALAWI
  4.1.14 MAURITANIA
  4.1.15 MAURITIUS
  4.1.16 MOROCCO
  4.1.17 MOZAMBIQUE
  4.1.18 NAMIBIA
  4.1.19 NIGER
  4.1.20 NIGERIA
  4.1.21 RWANDA
  4.1.22 SENEGAL
  4.1.23 SOUTH AFRICA
  4.1.24 TANZANIA
  4.1.25 UGANDA
  4.1.26 ZAMBIA
  4.1.27 ZIMBABWE
4.2 ASIA: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.2.1 EXECUTIVE SUMMARY
  4.2.2 BRUNEI
  4.2.3 CHINA
  4.2.4 HONG KONG
  4.2.5 INDIA
  4.2.6 INDONESIA
  4.2.7 JAPAN
  4.2.8 MALAYSIA
  4.2.9 MONGOLIA
  4.2.10 NEPAL
  4.2.11 PHILIPPINES
  4.2.12 SINGAPORE
  4.2.13 SOUTH KOREA
  4.2.14 SRI LANKA
  4.2.15 TAIWAN
  4.2.16 THAILAND
  4.2.17 VIETNAM
4.3 EUROPE: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.3.1 EXECUTIVE SUMMARY
  4.3.2 ALBANIA
  4.3.3 ANDORRA
  4.3.4 AUSTRIA
  4.3.5 BELARUS
  4.3.6 BELGIUM
  4.3.7 BOSNIA AND HERZEGOVINA
  4.3.8 BULGARIA
  4.3.9 CROATIA
  4.3.10 CYPRUS
  4.3.11 CZECH REPUBLIC
  4.3.12 DENMARK
  4.3.13 ESTONIA
  4.3.14 FINLAND
  4.3.15 FRANCE
  4.3.16 GEORGIA
  4.3.17 GERMANY
  4.3.18 GREECE
  4.3.19 HUNGARY
  4.3.20 ICELAND
  4.3.21 IRELAND
  4.3.22 ITALY
  4.3.23 KAZAKHSTAN
  4.3.24 LATVIA
  4.3.25 LITHUANIA
  4.3.26 LUXEMBOURG
  4.3.27 MACEDONIA
  4.3.28 MALTA
  4.3.29 MOLDOVA
  4.3.30 NORWAY
  4.3.31 POLAND
  4.3.32 PORTUGAL
  4.3.33 ROMANIA
  4.3.34 RUSSIA
  4.3.35 SLOVAKIA
  4.3.36 SLOVENIA
  4.3.37 SPAIN
  4.3.38 SWEDEN
  4.3.39 SWITZERLAND
  4.3.40 THE NETHERLANDS
  4.3.41 THE UNITED KINGDOM
  4.3.42 UKRAINE
4.4 LATIN AMERICA: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.4.1 EXECUTIVE SUMMARY
  4.4.2 ARGENTINA
  4.4.3 BELIZE
  4.4.4 BOLIVIA
  4.4.5 BRAZIL
  4.4.6 CHILE
  4.4.7 COLOMBIA
  4.4.8 ECUADOR
  4.4.9 EL SALVADOR
  4.4.10 GUATEMALA
  4.4.11 GUYANA
  4.4.12 HONDURAS
  4.4.13 MEXICO
  4.4.14 NICARAGUA
  4.4.15 PANAMA
  4.4.16 PARAGUAY
  4.4.17 PERU
  4.4.18 SURINAME
  4.4.19 URUGUAY
4.5 NORTH AMERICA & THE CARIBBEAN: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.5.1 EXECUTIVE SUMMARY
  4.5.2 BARBADOS
  4.5.3 CANADA
  4.5.4 DOMINICAN REPUBLIC
  4.5.5 JAMAICA
  4.5.6 THE BAHAMAS
  4.5.7 THE UNITED STATES
4.6 OCEANIA: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.6.1 EXECUTIVE SUMMARY
  4.6.2 AUSTRALIA
  4.6.3 FIJI
  4.6.4 NEW CALEDONIA
  4.6.5 NEW ZEALAND
4.7 THE MIDDLE EAST: IRON CASING, TUBING, AND DRILL PIPE USED IN DRILLING FOR OIL OR GAS EXCLUDING THOSE MADE OF CAST IRON IMPORTS IN 2021
  4.7.1 EXECUTIVE SUMMARY
  4.7.2 ARMENIA
  4.7.3 AZERBAIJAN
  4.7.4 BAHRAIN
  4.7.5 ISRAEL
  4.7.6 JORDAN
  4.7.7 KUWAIT
  4.7.8 LEBANON
  4.7.9 OMAN
  4.7.10 PAKISTAN
  4.7.11 QATAR
  4.7.12 TURKEY
  4.7.13 YEMEN

5 DISCLAIMERS, WARRANTIES, AND USER AGREEMENT PROVISIONS

5.1 DISCLAIMERS & SAFE HARBOR
5.2 ICON GROUP INTERNATIONAL, INC. USER AGREEMENT PROVISIONS


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