| Product Code: ETC6136057 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Argentina drilling rig market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -56.66%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 35.26%. This significant decrease in import momentum can be attributed to shifts in demand dynamics or potential changes in trade policies during that period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina Drilling Rig Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Argentina Drilling Rig Market - Industry Life Cycle |
3.4 Argentina Drilling Rig Market - Porter's Five Forces |
3.5 Argentina Drilling Rig Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Argentina Drilling Rig Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
3.7 Argentina Drilling Rig Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Argentina Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil and gas exploration activities in Argentina |
4.2.2 Government support and incentives for the drilling industry |
4.2.3 Technological advancements in drilling rig equipment |
4.2.4 Growth in offshore drilling activities in Argentina |
4.3 Market Restraints |
4.3.1 Volatility in oil prices affecting investment decisions in drilling projects |
4.3.2 Environmental concerns and regulations impacting drilling operations |
4.3.3 Competition from alternative energy sources like renewable energy |
4.3.4 Limited access to financing for drilling projects |
5 Argentina Drilling Rig Market Trends |
6 Argentina Drilling Rig Market, By Types |
6.1 Argentina Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Argentina Drilling Rig Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Argentina Drilling Rig Market Revenues & Volume, By Jackup, 2021- 2031F |
6.1.4 Argentina Drilling Rig Market Revenues & Volume, By Semi-submersible, 2021- 2031F |
6.1.5 Argentina Drilling Rig Market Revenues & Volume, By Drillship, 2021- 2031F |
6.1.6 Argentina Drilling Rig Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Argentina Drilling Rig Market, By Location of Deployment |
6.2.1 Overview and Analysis |
6.2.2 Argentina Drilling Rig Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Argentina Drilling Rig Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Argentina Drilling Rig Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Argentina Drilling Rig Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.3.3 Argentina Drilling Rig Market Revenues & Volume, By Mining, 2021- 2031F |
6.3.4 Argentina Drilling Rig Market Revenues & Volume, By Others, 2021- 2031F |
7 Argentina Drilling Rig Market Import-Export Trade Statistics |
7.1 Argentina Drilling Rig Market Export to Major Countries |
7.2 Argentina Drilling Rig Market Imports from Major Countries |
8 Argentina Drilling Rig Market Key Performance Indicators |
8.1 Average rig utilization rate |
8.2 Number of active drilling rigs in operation |
8.3 Average day rates for drilling rigs |
8.4 Exploration and production (EP) spending in Argentina |
8.5 Rig fleet expansion or contraction trends |
9 Argentina Drilling Rig Market - Opportunity Assessment |
9.1 Argentina Drilling Rig Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Argentina Drilling Rig Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
9.3 Argentina Drilling Rig Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Argentina Drilling Rig Market - Competitive Landscape |
10.1 Argentina Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Argentina Drilling Rig Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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