Industry Analysis & Industry Trends
Although the Metal and Mineral Wholesaling industry has experienced challenges over the past five years, not least the global financial crisis, it has been a beneficiary of the mining investment boom. Demand from engineering construction for basic metal products (such as structural sections) has been particularly strong, reflecting investment in resource projects and associated infrastructure. Firms supplying other sectors, including automotive manufacturers and the residential housing market fared less well.
Industry revenue is estimated to have grown by 4.1% per year over the five years through 2012-13, driven by the strength of the mining investment boom. Growth would likely have been even stronger, but for the ongoing trend of wholesale bypass... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Metal and Mineral Wholesaling industry is mature. The industry's contribution to the economy is expected to grow by 1.3% per year over the decade through 2017-18, compared with GDP growth of about 2.4% per year.
The industry primarily serves smaller firms (both buyers and sellers of metals or minerals). Larger metal and mineral producers tend to deal directly with metals and minerals processors, skipping the wholesaler. Although further consolidation is likely to occur in upstream and downstream industries, reducing the role of the wholesaler, the pace of that change is expected to slow; all the easy gains from wholesale bypass have already been won... purchase to read more