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Energy & ClimateEuropean UnionUpdated 4 Nov 2026

Coiled tubing Market 2026: trade data and key figures

The EU imported €10.2 million of coiled tubing and related goods (CN 73042990) from outside the EU in 2025. That was 358% more than in 2020. China was the largest outside supplier.

Edited by the Stratum Market Research editorial team. Updated 4 Nov 2026.

Headline figure

10.2EUR million

EU imports from outside the EU, 2025

Extra-EU imports of CN 73042990, EUR million20202025 Eurostat, 4 Nov 2026

+358 % change

Extra-EU imports of CN 73042990 were up 358% in 2025 compared with 2020 (€2.2 million), calculated from Eurostat values.

Eurostat

171.3 EUR million

EU exports of CN 73042990 to countries outside the EU were worth €171.3 million in 2025.

Eurostat

13.8 EUR million

Trade between EU member states in CN 73042990 (intra-EU arrivals) came to €13.8 million in 2025.

Eurostat
ChartExtra-EU imports of CN 73042990, EUR million
Extra-EU imports of CN 73042990, EUR million0369122020: 2.2 EUR million2.220202021: 2.5 EUR million20212022: 4 EUR million20222023: 6.6 EUR million20232024: 9.9 EUR million20242025: 10.2 EUR million10.22025

Source: Eurostat

Why this market is moving now

  • Extra-EU import value moved +358% from 2020 to 2025, a direct read on EU demand for sourced supply.
  • Supply is concentrated: one country provided a large share of extra-EU imports in 2025.
  • US employment in the core industry shifted +13% since 2020.

What this market covers

Coiled tubing is a continuous steel pipe spooled on a reel and run into oil and gas wells for cleanouts and well work. Oilfield service firms and operators use the units and tubing.

Typical segments

  • Well intervention
  • Drilling support
  • Completion services
  • Tubing strings
  • Surface units

Who buys

  • Oilfield service companies
  • Oil and gas operators
  • National oil companies

Largest non-EU suppliers to the EU

CountryImport value
China6.0 EUR million
Japan2.5 EUR million
Norway0.7 EUR million
United Kingdom0.2 EUR million
Mexico0.2 EUR million
United States from 1995 -> 2000)0.2 EUR million

Key figures

Each figure links to the page it came from.

FigureValueYearSource
The EU imported €10.2 million of products under CN code 73042990 (Casing and tubing of a kind used for drilling for oil or gas, seamless, of iron or steel,) from outside the EU in 2025.10.2 EUR million2025Eurostat
Extra-EU imports of CN 73042990 were up 358% in 2025 compared with 2020 (€2.2 million), calculated from Eurostat values.+358 % change2025Eurostat
EU exports of CN 73042990 to countries outside the EU were worth €171.3 million in 2025.171.3 EUR million2025Eurostat
Trade between EU member states in CN 73042990 (intra-EU arrivals) came to €13.8 million in 2025.13.8 EUR million2025Eurostat
China was the largest non-EU supplier of CN 73042990 to the EU in 2025, with €6.0 million, or 59% of extra-EU imports.6.0 EUR million2025Eurostat
EU exports of CN 73042990 to the United States were €15.2 million in 2025.15.2 EUR million2025Eurostat
The average value of extra-EU imports of CN 73042990 was €2.39 per kilogram in 2025, calculated from Eurostat value and weight.2.39 EUR per kg2025Eurostat
Italy was the largest EU exporter of CN 73042990 to non-EU countries in 2025, at €170.4 million.170.4 EUR million2025Eurostat
The EU had 1,181 enterprises in NACE class B0910 (Support activities for petroleum and natural gas extraction) in 2023.1,181 enterprises2023Eurostat
EU enterprises in NACE class B0910 had net turnover of €5.71 billion in 2023.5.71 EUR billion2023Eurostat
NACE class B0910 employed 20,000 people across the EU in 2023.20,000 persons employed2023Eurostat
The US had 13,638 private establishments in NAICS 213112 (Support activities for oil and gas operations) in 2025.13,638 establishments2025U.S. Bureau of Labor Statistics
NAICS 213112 employed an average of 213,244 people in US private industry in 2025.213,244 jobs2025U.S. Bureau of Labor Statistics
US employment in NAICS 213112 changed by +13% between 2020 (188,974 jobs) and 2025, calculated from BLS figures.+13 % change2025U.S. Bureau of Labor Statistics
Average annual pay in US NAICS 213112 was $114,404 in 2025.114,404 USD per year2025U.S. Bureau of Labor Statistics

What the full report covers

Illustration of a report page with its five main parts numbered12345
  1. 1

    Executive summary

    The answer on two pages: size, growth and what drives it.

  2. 2

    Market size and outlook

    History, the current year and a five-year view with base, low and high cases.

  3. 3

    Segments and regions

    Splits by product, buyer and geography across the US, Europe and MEA.

  4. 4

    Company profiles

    The main players, how they compete and where they are investing.

  5. 5

    Data and method

    Every figure in Excel, with the sources and assumptions behind it.

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the European Union market
  3. 03Market size, 2021 to 2025
    Historical series and growth rates
  4. 04Outlook to 2031
    Base, low and high scenarios with stated assumptions
  5. 05Rules, policy and deadlines
    Regulation and programmes that change demand
  6. 06Drivers and barriers
    What accelerates or slows adoption, by customer segment
  7. 07Prices, costs and margins
    Unit economics where public data allows
  8. 08Competitive landscape
    8 to 12 company profiles with recent moves
  9. 09Opportunities and risks
    For new entrants, suppliers and investors
  10. 10Method and sources
    Every assumption and source, listed

Included with the full report

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  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days

Frequently asked questions

How big is the EU coiled tubing market?

There is no single official market total. Eurostat trade data shows the EU imported €10.2 million of goods under CN 73042990 from outside the EU in 2025 and exported €171.3 million.

Where does the EU import coiled tubing from?

China was the largest non-EU supplier in 2025. The next largest were Japan, Norway, United Kingdom.

What is the average import price of coiled tubing in the EU?

Dividing Eurostat import value by weight gives about €2.39 per kilogram for CN 73042990 in 2025.

Which EU countries export the most coiled tubing?

Italy led EU exports to non-EU countries in 2025, followed by Netherlands, France.

How many US companies are in the coiled tubing industry?

BLS counts 13,638 private establishments in NAICS 213112 (Support activities for oil and gas operations), the closest official industry.

How many EU companies are in the coiled tubing industry?

Eurostat counts 1,181 enterprises in NACE class B0910 (Support activities for petroleum and natural gas extraction).

Sources and method

The figures on this page come from the public sources listed below. Read how we work.

  1. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, partner EXT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 10235839
  2. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, flow import, 2020 VALUE_IN_EUROS 2233392; 2025 VALUE_IN_EUROS 10235839
  3. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 171263488
  4. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, partner INT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 13833508
  5. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, partner CN, flow import, 2025, VALUE_IN_EUROS 6036847
  6. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, partner US, flow export, 2025, VALUE_IN_EUROS 15159311
  7. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter EU27_2020, product 73042990, flow import, 2025, VALUE_IN_EUROS 10235839, QUANTITY_IN_100KG 42758
  8. Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)DS-045409, reporter IT, product 73042990, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 170396789
  9. Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)sbs_ovw_act, geo EU27_2020, nace_r2 B0910, indic_sbs ENT_NR, 2023, 1181
  10. Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)sbs_ovw_act, geo EU27_2020, nace_r2 B0910, indic_sbs NETTUR_MEUR, 2023, 5714
  11. Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)sbs_ovw_act, geo EU27_2020, nace_r2 B0910, indic_sbs EMP_NR, 2023, 20000
  12. U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 213112, 2025 (2026-11-04)QCEW 2025 annual, US000, private, NAICS 213112, annual_avg_estabs 13638
  13. U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 213112, 2025 (2026-11-04)QCEW 2025 annual, US000, private, NAICS 213112, annual_avg_emplvl 213244
  14. U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 213112, 2025 (2026-11-04)QCEW 2020 annual_avg_emplvl 188974; 2025 annual_avg_emplvl 213244
  15. U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 213112, 2025 (2026-11-04)QCEW 2025 annual, US000, private, NAICS 213112, avg_annual_pay 114404

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