Metal & Metal Ore Wholesaling in the UK - Industry Market Research Report

Oreganic growth: Increased construction activity is elevating industry revenue in 2023-24

The metal and metal ore wholesale industry's revenue has contracted at a projected compound annual rate of 4% over the five years through 2023-24. The COVID-19 outbreak significantly disrupted key downstream buying activity, like aerospace manufacturers and construction companies. Construction activity recovered rapidly, supported by a housing shortage which has boosted the need for residential construction and existing projects, underpinning metal sales. Manufacturers of aircraft components have suffered from a weakened travel industry, limiting the need for metal parts like carbon fibre. Firms operating in this industry wholesale ferrous and non-ferrous metals and ores. They also wholesale semi-finished metal products, gold and other precious metals. Industry activities also include value-added services such as cutting and shaping of metal products. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.