The 2022 Import and Export Market for Iron Casing, Tubing, and Drill Pipe Used in Drilling for Oil or Gas in North America & the Caribbean

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The 2022 Import and Export Market for Iron Casing, Tubing, and Drill Pipe Used in Drilling for Oil or Gas in North America & the Caribbean

  • Pages (approximate) 40
  • Author ICON Group International
  • Region North America & the Caribbean
  • Item Code TS7P797JDY10T14GUQ4A0
  • Vertical Markets Iron & Steel
  • SIC Codes 3312
  • SITC Codes 67913
  • Published 2021-02-12
  • Please note ICON Group has a strict no refunds policy.
  • Price $ 360
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Introduction

This report was created for strategic planners, international marketing 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 in North America & the Caribbean. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact. Professor Philip M. Parker, the Chair Professor of Management Science at INSEAD, has 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 North America & the Caribbean via exports, or supplying from North America & the Caribbean via imports. He does so for the current year based on a variety of key historical indicators and econometric models.

"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.

The countries in North America & the Caribbean considered in this report include Antigua and Barbuda, Barbados, Canada, Cuba, Jamaica, the Bahamas, the Dominican Republic, the United States, and Trinidad and Tobago.

Excerpt

On the demand side, exporters and strategic planners approaching the market in North America & the Caribbean 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 to North America & the Caribbean? 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 in North America & the Caribbean? Do exporters serving the market in North America & the Caribbean have similar market shares across the importing countries? On the supply side, North America & the Caribbean also sells to the international market of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron. Which countries in North America & the Caribbean 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 where North America & the Caribbean fits into the world market 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 North America & the Caribbean in particular, 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 share that countries in North America & the Caribbean are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets within North America & the Caribbean. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports for North America & the Caribbean, 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, but for each individual country in North America & the Caribbean. 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 North America & the Caribbean. 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 North America & the Caribbean and all other 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).

Table of Contents

  • 1METHODOLOGY
  • 1.1OUR APPROACH
  • 2NORTH AMERICA & THE CARIBBEAN'S SHARE OF THE WORLD MARKET
  • 2.1EXPORTS FROM NORTH AMERICA & THE CARIBBEAN AS SHARE OF THE WORLD EXPORT MARKET
  • 2.2IMPORTS IN NORTH AMERICA & THE CARIBBEAN AS SHARE OF THE WORLD IMPORT MARKET
  • 3EXPORTS FROM NORTH AMERICA & THE CARIBBEAN
  • 3.1EXECUTIVE SUMMARY
  • 3.2ANTIGUA AND BARBUDA
  • 3.3CANADA
  • 3.4CUBA
  • 3.5JAMAICA
  • 3.6THE UNITED STATES
  • 3.7TRINIDAD AND TOBAGO
  • 4IMPORTS INTO NORTH AMERICA & THE CARIBBEAN
  • 4.1EXECUTIVE SUMMARY
  • 4.2BARBADOS
  • 4.3CANADA
  • 4.4JAMAICA
  • 4.5THE BAHAMAS
  • 4.6THE DOMINICAN REPUBLIC
  • 4.7THE UNITED STATES
  • 5DISCLAIMERS, WARRANTIES, AND USER AGREEMENT PROVISIONS
  • 5.1DISCLAIMERS & SAFE HARBOR
  • 5.2ICON GROUP INTERNATIONAL, INC. USER AGREEMENT PROVISIONS
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