| Product Code: ETC4973510 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden continued to rely heavily on import shipments of drill pipes, with top exporting countries being Finland, Lithuania, Netherlands, Italy, and Norway. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 0.27% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -25.54%. This suggests potential challenges or shifts in the market dynamics that impacted the importation of drill pipes into Sweden.
In the Europe region, the Drill Pipe market in Sweden is projected to expand at a negative growth rate of -22.23% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Sweden Drill Pipe Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Drill Pipe Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Drill Pipe Market - Industry Life Cycle |
3.4 Sweden Drill Pipe Market - Porter's Five Forces |
3.5 Sweden Drill Pipe Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sweden Drill Pipe Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
4 Sweden Drill Pipe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil and gas exploration activities in Sweden |
4.2.2 Growing investments in renewable energy projects requiring drilling operations |
4.2.3 Technological advancements in drill pipe manufacturing leading to higher efficiency and durability |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Environmental regulations impacting drilling activities in sensitive areas |
4.3.3 Competition from alternative drilling technologies such as coiled tubing |
5 Sweden Drill Pipe Market Trends |
6 Sweden Drill Pipe Market Segmentations |
6.1 Sweden Drill Pipe Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Drill Pipe Market Revenues & Volume, By Standard Drill Pipe, 2021-2031F |
6.1.3 Sweden Drill Pipe Market Revenues & Volume, By Heavy Weight Drill Pipe, 2021-2031F |
6.1.4 Sweden Drill Pipe Market Revenues & Volume, By Drill Collar, 2021-2031F |
6.2 Sweden Drill Pipe Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Sweden Drill Pipe Market Revenues & Volume, By Onshore, 2021-2031F |
6.2.3 Sweden Drill Pipe Market Revenues & Volume, By Offshore, 2021-2031F |
7 Sweden Drill Pipe Market Import-Export Trade Statistics |
7.1 Sweden Drill Pipe Market Export to Major Countries |
7.2 Sweden Drill Pipe Market Imports from Major Countries |
8 Sweden Drill Pipe Market Key Performance Indicators |
8.1 Average utilization rate of drill pipes in Sweden |
8.2 Rate of adoption of automated drilling technologies |
8.3 Percentage of drill pipe failures during operations |
8.4 Average age of drill pipe inventory |
8.5 Customer satisfaction scores for drill pipe suppliers |
9 Sweden Drill Pipe Market - Opportunity Assessment |
9.1 Sweden Drill Pipe Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sweden Drill Pipe Market Opportunity Assessment, By Deployment, 2021 & 2031F |
10 Sweden Drill Pipe Market - Competitive Landscape |
10.1 Sweden Drill Pipe Market Revenue Share, By Companies, 2024 |
10.2 Sweden Drill Pipe 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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