| Product Code: ETC8039487 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continued to rely on imports of drill collars, with top exporting countries being Estonia, China, Latvia, Germany, and the USA. The market showed signs of high concentration, which intensified from 2023 to 2024. However, the industry faced a significant decline in growth, with a negative CAGR of -21.21% from 2020 to 2024 and a substantial decrease in the growth rate of -84.78% from 2023 to 2024. These dynamics suggest a challenging landscape for drill collar imports in Lithuania, necessitating a strategic approach for market participants.

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 Lithuania Drill Collar Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Drill Collar Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Drill Collar Market - Industry Life Cycle |
3.4 Lithuania Drill Collar Market - Porter's Five Forces |
3.5 Lithuania Drill Collar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Drill Collar Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
4 Lithuania Drill Collar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing exploration and drilling activities in the oil and gas sector in Lithuania. |
4.2.2 Growing investments in infrastructure development projects in the country. |
4.2.3 Technological advancements leading to the development of more efficient drill collar products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the manufacturing of drill collars. |
4.3.2 Environmental regulations impacting drilling operations in Lithuania. |
4.3.3 Competition from alternative drilling technologies affecting the demand for drill collars. |
5 Lithuania Drill Collar Market Trends |
6 Lithuania Drill Collar Market, By Types |
6.1 Lithuania Drill Collar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Drill Collar Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Drill Collar Market Revenues & Volume, By Standard Steel Drill Collar, 2021- 2031F |
6.1.4 Lithuania Drill Collar Market Revenues & Volume, By Non-magnetic Drill Collar, 2021- 2031F |
6.2 Lithuania Drill Collar Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Drill Collar Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Lithuania Drill Collar Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Lithuania Drill Collar Market Import-Export Trade Statistics |
7.1 Lithuania Drill Collar Market Export to Major Countries |
7.2 Lithuania Drill Collar Market Imports from Major Countries |
8 Lithuania Drill Collar Market Key Performance Indicators |
8.1 Average utilization rate of drill collars in drilling operations. |
8.2 Number of new drilling projects initiated in Lithuania. |
8.3 Adoption rate of advanced drill collar technologies in the market. |
9 Lithuania Drill Collar Market - Opportunity Assessment |
9.1 Lithuania Drill Collar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Drill Collar Market Opportunity Assessment, By Deployment, 2021 & 2031F |
10 Lithuania Drill Collar Market - Competitive Landscape |
10.1 Lithuania Drill Collar Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Drill Collar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |