China was the largest outside supplier.
What this market covers
Drill bits fitted with polycrystalline diamond cutters, used to bore oil, gas and geothermal wells and in mining. Buyers are drilling contractors, oilfield service firms and operators.
Typical segments
- Matrix body bits
- Steel body bits
- Geothermal bits
- Mining bits
Source: Eurostat
Why this market is moving now
- Extra-EU import value rose 58% 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.
Key figures
Each figure names the source it came from. Open the source list below to read the quoted line.
| Figure | Value | Year | Source |
|---|---|---|---|
| The EU imported €116.2 million of products under CN code 82071990 (Rock-drilling or earth-boring tools, interchangeable, with working parts of materials) from outside the EU in 2025. | 116.2 EUR million | 2025 | Eurostat |
| Extra-EU imports of CN 82071990 were up 58% in 2025 compared with 2020 (€73.6 million), calculated from Eurostat values. | +58 % since 2020 | 2025 | Eurostat |
| EU exports of CN 82071990 to countries outside the EU were worth €222.3 million in 2025. | 222.3 EUR million | 2025 | Eurostat |
| Trade between EU member states in CN 82071990 (intra-EU arrivals) came to €147.0 million in 2025. | 147.0 EUR million | 2025 | Eurostat |
| China was the largest non-EU supplier of CN 82071990 to the EU in 2025, with €44.0 million, or 38% of extra-EU imports. | 44.0 EUR million | 2025 | Eurostat |
| EU exports of CN 82071990 to the United States were €36.1 million in 2025. | 36.1 EUR million | 2025 | Eurostat |
| The average value of extra-EU imports of CN 82071990 was €7.05 per kilogram in 2025, calculated from Eurostat value and weight. | 7.05 EUR per kg | 2025 | Eurostat |
| Sweden was the largest EU exporter of CN 82071990 to non-EU countries in 2025, at €79.7 million. | 79.7 EUR million | 2025 | Eurostat |
| The EU had 2,226 enterprises in NACE class C2892 (Manufacture of machinery for mining, quarrying and construction) in 2023. | 2,226 enterprises | 2023 | Eurostat |
| EU enterprises in NACE class C2892 had net turnover of €53.00 billion in 2023. | 53.00 EUR billion | 2023 | Eurostat |
| NACE class C2892 employed 134,000 people across the EU in 2023. | 134,000 persons employed | 2023 | Eurostat |
| The US had 1,325 private establishments in NAICS 333132 (Oil and gas field machinery and equipment manufacturing) in 2025. | 1,325 establishments | 2025 | U.S. Bureau of Labor Statistics |
| NAICS 333132 employed an average of 45,101 people in US private industry in 2025. | 45,101 jobs | 2025 | U.S. Bureau of Labor Statistics |
| US employment in NAICS 333132 changed by -4% between 2020 (47,132 jobs) and 2025, calculated from BLS figures. | -4 % since 2020 | 2025 | U.S. Bureau of Labor Statistics |
| Average annual pay in US NAICS 333132 was $112,653 in 2025. | 112,653 USD per year | 2025 | U.S. Bureau of Labor Statistics |
Sources and method
The figures on this page come from the public sources listed below. Read how we work.
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
Quoted lines
- Figure 1
DS-045409, reporter EU27_2020, product 82071990, partner EXT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 116188061
- Figure 2
DS-045409, reporter EU27_2020, product 82071990, flow import, 2020 VALUE_IN_EUROS 73557382; 2025 VALUE_IN_EUROS 116188061
- Figure 3
DS-045409, reporter EU27_2020, product 82071990, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 222262337
- Figure 4
DS-045409, reporter EU27_2020, product 82071990, partner INT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 146966012
- Figure 5
DS-045409, reporter EU27_2020, product 82071990, partner CN, flow import, 2025, VALUE_IN_EUROS 43985160
- Figure 6
DS-045409, reporter EU27_2020, product 82071990, partner US, flow export, 2025, VALUE_IN_EUROS 36133216
- Figure 7
DS-045409, reporter EU27_2020, product 82071990, flow import, 2025, VALUE_IN_EUROS 116188061, QUANTITY_IN_100KG 164723
- Figure 1
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
Quoted lines
- Figure 8
DS-045409, reporter SE, product 82071990, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 79668289
- Figure 8
- Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
Quoted lines
- Figure 9
sbs_ovw_act, geo EU27_2020, nace_r2 C2892, indic_sbs ENT_NR, 2023, 2226
- Figure 10
sbs_ovw_act, geo EU27_2020, nace_r2 C2892, indic_sbs NETTUR_MEUR, 2023, 53000
- Figure 11
sbs_ovw_act, geo EU27_2020, nace_r2 C2892, indic_sbs EMP_NR, 2023, 134000
- Figure 9
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 333132, 2025 (2026-11-04)
Quoted lines
- Figure 12
QCEW 2025 annual, US000, private, NAICS 333132, annual_avg_estabs 1325
- Figure 13
QCEW 2025 annual, US000, private, NAICS 333132, annual_avg_emplvl 45101
- Figure 14
QCEW 2020 annual_avg_emplvl 47132; 2025 annual_avg_emplvl 45101
- Figure 15
QCEW 2025 annual, US000, private, NAICS 333132, avg_annual_pay 112653
- Figure 12
Buyers and suppliers
Who buys
- Drilling contractors
- Oilfield service firms
- Mining companies
Large non-EU suppliers to the EU
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the European Union market - 03Market size, 2021 to 2025
Historical series and growth rates - 04Outlook to 2031
Base, low and high scenarios with stated assumptions - 05Rules, policy and deadlines
Regulation and programmes that change demand - 06Drivers and barriers
What accelerates or slows adoption, by customer segment - 07Prices, costs and margins
Unit economics where public data allows - 08Competitive landscape
8 to 12 company profiles with recent moves - 09Opportunities and risks
For new entrants, suppliers and investors - 10Method and sources
Every assumption and source, listed
Included with the full report
- PDF report, 40 to 60 pages
- 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 pDC drill bits market?
There is no single official market total. Eurostat trade data shows the EU imported €116.2 million of goods under CN 82071990 from outside the EU in 2025 and exported €222.3 million.
Where does the EU import pDC drill bits from?
China was the largest non-EU supplier in 2025. Other large suppliers included United States, Türkiye, Switzerland.
What is the average import price of pDC drill bits in the EU?
Dividing Eurostat import value by weight gives about €7.05 per kilogram for CN 82071990 in 2025.
Which EU countries export the most pDC drill bits?
Sweden led EU exports to non-EU countries in 2025, followed by Germany, Italy.
How many US companies are in the pDC drill bits industry?
BLS counts 1,325 private establishments in NAICS 333132 (Oil and gas field machinery and equipment manufacturing), the closest official industry.
How many EU companies are in the pDC drill bits industry?
Eurostat counts 2,226 enterprises in NACE class C2892 (Manufacture of machinery for mining, quarrying and construction).
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