Latest Report Update: Dec 27, 2019

U.S. Oil And Gas Field Machinery And Equipment Market. Analysis And Forecast to 2030

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U.S.: Overview of the Market for Oil And Gas Field Machinery And Equipment 2019

Market Size for Oil And Gas Field Machinery And Equipment in the U.S.

The revenue of the market for oil and gas field machinery and equipment in the U.S. amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, consumption of oil and gas field machinery and equipment continues to indicate a deep downturn. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. Consumption of oil and gas field machinery and equipment peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Production of Oil And Gas Field Machinery And Equipment in the U.S.

In value terms, production of oil and gas field machinery and equipment totaled $X in 2018. In general, production of oil and gas field machinery and equipment, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. In that year, production of oil and gas field machinery and equipment attained its peak level of $X. From 2015 to 2018, production of oil and gas field machinery and equipment growth failed to regain its momentum.

Exports of Oil And Gas Field Machinery And Equipment

Exports from the U.S.

In 2018, the exports of oil and gas field machinery and equipment from the U.S. totaled X tonnes, jumping by X% against the previous year. In general, exports of oil and gas field machinery and equipment, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports of oil and gas field machinery and equipment reached their peak figure at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, exports of oil and gas field machinery and equipment stood at $X in 2018. In general, exports of oil and gas field machinery and equipment, however, continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. In that year, exports of oil and gas field machinery and equipment attained their peak of $X. From 2015 to 2018, the growth of exports of oil and gas field machinery and equipment remained at a somewhat lower figure.

Exports by Country

India (X tonnes) was the main destination for exports of oil and gas field machinery and equipment from the U.S., accounting for a X% share of total exports. Moreover, exports of oil and gas field machinery and equipment to India exceeded the volume sent to the second major destination, Jamaica (X tonnes), twofold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+X% per year) and Spain (+X% per year).

In value terms, the largest markets for oil and gas field machinery exported from the U.S. were Spain ($X), Argentina ($X) and Kuwait ($X), together accounting for X% of total exports. These countries were followed by Trinidad and Tobago, Singapore, Colombia, Mexico, Australia, Nigeria, Panama, India and Jamaica, which together accounted for a further X terms of the main countries of destination, Jamaica (+X% per year) experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average export price for oil and gas field machinery and equipment amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price for oil and gas field machinery and equipment continues to indicate a drastic decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. In that year, the average export prices for oil and gas field machinery and equipment attained their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Argentina ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Argentina, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oil And Gas Field Machinery And Equipment

Imports into the U.S.

In 2018, the imports of oil and gas field machinery and equipment into the U.S. stood at X tonnes, falling by -X% against the previous year. Over the period under review, imports of oil and gas field machinery and equipment continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports of oil and gas field machinery and equipment reached their maximum at X tonnes in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, imports of oil and gas field machinery and equipment amounted to $X in 2018. Over the period under review, imports of oil and gas field machinery and equipment continue to indicate a drastic setback. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports of oil and gas field machinery and equipment reached their maximum at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest oil and gas field machinery supplier to the U.S., with a X% share of total imports. Moreover, imports of oil and gas field machinery and equipment from China exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), eightfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of oil and gas field machinery to the U.S., comprising X% of total imports of oil and gas field machinery and equipment. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2018, the average import price for oil and gas field machinery and equipment amounted to $X per tonne, increasing by X% against the previous year. In general, the import price for oil and gas field machinery and equipment, however, continues to indicate an abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by X% year-to-year. In that year, the average import prices for oil and gas field machinery and equipment attained their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average import prices for oil and gas field machinery and equipment failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Norway ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• NAICS 333132 - Oil and gas field machinery and equipment manufacturing

This report provides an in-depth analysis of the market for oil and gas field machinery in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Companies mentioned:
• Baker Hughes Incorporated
• FMC Technologies
• Weatherford International
• National Oilwell Varco
• Dril-Quip
• Cameron International Corporation
• Forum Energy Technologies
• Sofec
• S.P.M. Flow Control
• J-W Operating Company
• Hydril USA Distribution
• Lincoln Manufacturing
• Derrick Corporation
• Vetco Gray
• TSC Offshore Corporation
• Applied Machinery Corporation
• Rti Energy Systems
• Total Equipment and Service
• Cameron Solutions
• Tesco Corporation
• Natco Group
• Blue Tee Corp.
• Grant Prideco
• National Oilwell Varco
• Iri International Corporation
• Oil States Energy Services
• Ftt Holdings
• Robbins & Myers, Eagle Pipe
• Onesubsea
• Seventy Seven Operating

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013–2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2018
Figure 5:
Trade Balance, In Physical Terms, 2013–2018
Figure 6:
Trade Balance, In Value Terms, 2013–2018
Figure 7:
Per Capita Consumption, 2013–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018

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