Seamless drill pipe, casing and tubing for oil or gas market in Russia

Earlier Report Observations

Between 2018 and 2020, the Russian market for seamless drill pipe, casing, and tubing remained relatively stable, fluctuating around 1,650 thousand tons. This period was characterized by strong investment in domestic production capacity, such as the continued investment program by OMK focused on seamless pipes for horizontal drilling. The market was primarily driven by the implementation of major national oil and gas projects and the gasification program, which ensured steady demand from the oilfield services sector. However, by 2019, the completion of several large Gazprom pipeline projects began to exert downward pressure on the drill pipe segment.

The market contracted notably in 2021, with volume falling to 1,478 thousand tons. This decline occurred despite a reported sharp mid-year increase in the production of drill pipes, suggesting that growth in this specific segment was offset by broader market challenges. The period also saw continued anti-dumping measures affecting Russian pipe exports, which likely influenced the overall market balance. The subsequent year, 2022, saw a strong recovery to 1,697 thousand tons. This growth was fueled by the oil and gas sector's demand for casing, tubing, and large-diameter pipes, supported by sustained budget financing for major projects and the ongoing national gasification program, even amid a challenging sanctions environment.

Market volume stabilized at around 1,685 thousand tons by 2024, following a slight dip in 2023. The gasification program continued to support demand, though the market faced new constraints including high credit rates and voluntary oil production cuts under OPEC+ agreements, which dampened growth. By 2025, while underlying demand from operational drilling and import substitution in the oil and gas sector remained, production data indicated a significant reduction, reflecting broader industry challenges such as high financing costs and capacity constraints in the upstream sector.

Production seamless drill pipe, casing and tubing for oil or gas in Russia

In kind, 2018-2021, K t

Russia's production of seamless drill pipes, casing, and tubing for oil and gas extraction declined for the third consecutive year. In 2021, output reached 1 645 thousand tonnes, marking a 4.6% decrease compared to 2020. Looking at the period from 2018 to 2021, production fell by 13.1%, which translates to an average annual decline of 4.6%.

Annual dynamics of production in Russia in kind, 2018-2021, K t

Exports seamless drill pipe, casing and tubing for oil or gas from Russia

Exports in kind, K t

After two years of decline, Russia's exports of seamless drill pipes, casing, and tubing for oil and gas rebounded in 2021. The export volume reached 290.3 thousand tonnes, representing a significant 44.4% increase from the previous year. However, over the broader period from 2018 to 2021, exports decreased by 27.2%, averaging an annual decline of 10.1%. The lowest point was recorded in 2020 at 201.0 thousand tonnes, which also saw the largest drop of 44.8%.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K t

From 2018 to 2021, the United States, Kazakhstan, and Uzbekistan remained the primary markets for Russia's exports of seamless drill pipes, casing, and tubing for oil and gas. The United States accounted for 31.6% of exports, Kazakhstan for 25.3%, and Uzbekistan for 12.3%. Together, these three countries represented 69.3% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, M $ US

Following a two-year downturn, Russia's exports of seamless drill pipes, casing, and tubing for oil and gas in value terms increased in 2021. Exports reached 288.1 million US dollars, up by 41.4% from 2020. Despite this recent growth, exports declined by 30.6% over the period from 2018 to 2021, with an average annual decrease of 11.5%. The lowest value was recorded in 2020 at 203.7 million US dollars, which also experienced the steepest decline of 46.6%.

Annual dynamics of product's exports from Russia in value, 2018-2021, M $ US

Between 2018 and 2021, the United States, Kazakhstan, and Uzbekistan were the leading markets for Russia's exports of seamless drill pipes, casing, and tubing in value terms. The United States contributed 26.7% of export value, Kazakhstan 25.0%, and Uzbekistan 15.0%. Collectively, these three markets accounted for 66.6% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports seamless drill pipe, casing and tubing for oil or gas to Russia

Imports in kind, K t

In 2021, Russia's imports of seamless drill pipes, casing, and tubing for oil and gas totaled 108.2 thousand tonnes, down by 28.6% compared to the previous year. Over the period from 2018 to 2021, imports decreased by 27.9%, with an average annual decline of 10.3%. The peak was reached in 2020 at 151.4 thousand tonnes, which also saw the largest increase of 18.7%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K t

From 2018 to 2021, Kazakhstan, China, and Japan were the main sources for Russia's imports of seamless drill pipes, casing, and tubing for oil and gas. Kazakhstan accounted for 43.9% of imports, China for 14.4%, and Japan for 10.1%. Together, these three countries made up 68.4% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, M $ US

Russia's imports of seamless drill pipes, casing, and tubing for oil and gas in value terms fell for the third consecutive year. In 2021, imports amounted to 148.2 million US dollars, showing a sharp reduction of 42.8% from the year before. Between 2018 and 2021, imports dropped by 46.4%, averaging an annual decline of 18.8%.

Annual dynamics of product's imports to Russia in value, 2018-2021, M $ US

Over the period from 2018 to 2021, Kazakhstan, Japan, and China were the key contributors to Russia's imports of seamless drill pipes, casing, and tubing in value terms. Kazakhstan represented 24.4% of import value, Japan 17.2%, and China 16.0%. Combined, these three countries accounted for 57.6% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021