The Latest Wholesale Industry Statistics Explained
The global wholesale and distribution market was valued at $25.64 trillion in 2020.
The statistic ‘The global wholesale and distribution market was valued at $25.64 trillion in 2020’ indicates the total estimated value of all wholesale and distribution activities worldwide during the year 2020. This figure represents the combined sales revenue generated by businesses involved in buying goods in bulk from manufacturers and selling them to retailers, other businesses, or consumers. The size of the wholesale and distribution market is a key indicator of economic activity and trade flows at a global level, reflecting the interconnectedness of various industries and supply chains. The significant value of $25.64 trillion underscores the sheer scale and importance of wholesale and distribution activities in facilitating the movement of goods across different regions and sectors.
The Wholesale Market was expected to grow from $33,628.46 billion in 2020 to $34,494.02 billion in 2021.
The statistic indicates that the Wholesale Market is projected to experience growth in value, with an expected increase from $33,628.46 billion in 2020 to $34,494.02 billion in 2021. This growth represents a positive trend in the market size, signaling potential expansion and increased economic activity within the wholesale sector. The difference of approximately $865.56 billion between the two years indicates a notable gain in the overall value of goods and services exchanged within the wholesale market. This statistic suggests that businesses operating in the wholesale industry may have opportunities for increased revenue and market participation in the upcoming year.
The United States has the largest share of the retail and wholesale market, 23% in 2019.
The statistic “The United States has the largest share of the retail and wholesale market, 23% in 2019” indicates that out of the total global market for retail and wholesale goods in 2019, the United States accounted for the highest percentage, specifically 23%. This suggests that the U.S. had a significant presence and influence in the retail and wholesale industry compared to other countries. Factors such as the size of the U.S. economy, consumer spending habits, market competitiveness, and trade relationships likely contributed to this substantial market share. The statistic highlights the importance of the U.S. market on a global scale and its position as a key player in the retail and wholesale sector.
The long-term annual growth for the wholesale industry in the US stands at 3.1% from 2010 to 2020.
The statistic indicates that over the course of ten years from 2010 to 2020, the wholesale industry in the United States experienced an average annual growth rate of 3.1%. This growth rate reflects the increase in the total value of goods sold by wholesalers each year over the decade. A 3.1% annual growth signifies a steady upward trend in the industry’s performance during this period, suggesting that the wholesale market expanded gradually over time. This statistic could be used to assess the industry’s overall health, track its progress, and make projections for future growth potential based on these historical trends.
Wholesale trade constituted 5.6% of the U.S. GDP in 2020.
The statistic “Wholesale trade constituted 5.6% of the U.S. GDP in 2020” indicates the importance of the wholesale trade sector in contributing to the overall economic output of the United States during that year. This means that for every dollar of goods and services produced in the U.S. economy in 2020, approximately 5.6 cents can be attributed to the wholesale trade industry. This highlights the significant role that wholesale trade plays in the distribution and movement of goods within the economy. Monitoring the share of wholesale trade in the GDP can provide insights into the sector’s performance, as well as its impact on broader economic trends and growth.
Merchant Wholesalers, Durable Goods, led the Wholesale industry in the U.S., with a volume of approximately $1.16 trillion in 2019.
In 2019, the sector of Merchant Wholesalers, Durable Goods emerged as the top performer within the Wholesale industry in the United States, boasting a significant volume of around $1.16 trillion. This statistic highlights the dominance and robustness of the durable goods wholesaling segment, encompassing the distribution of products such as machinery, equipment, and furniture that are intended to last for an extended period. The substantial value of $1.16 trillion underscores the immense scale of economic activity generated by this sector and its crucial role in facilitating the flow of goods from manufacturers to retailers. This statistic sheds light on the importance of durable goods wholesaling within the broader wholesale industry landscape, indicating its substantial contribution to the overall economic performance in the U.S.
Approximately 5.76 million people are employed in the Wholesale trade industry in the United States, as of 2021.
The statistic that approximately 5.76 million people are employed in the Wholesale trade industry in the United States as of 2021 highlights the significant workforce presence within this sector. This data point indicates the considerable scale of employment opportunities within the Wholesale trade industry, showcasing its importance to the national economy. The high number of individuals employed in this industry suggests a strong demand for wholesale goods and services, reflecting a robust supply chain and distribution network. This statistic serves as a valuable insight into the labor market dynamics and the economic contributions of the Wholesale trade industry in the United States.
In 2020, the Wholesale trade sector contributed $1.10 trillion to the U.S. economy.
The statistic that the Wholesale trade sector contributed $1.10 trillion to the U.S. economy in 2020 indicates the significant economic impact of this sector on the overall national economy. Wholesale trade involves the buying and selling of goods in large quantities to retailers or other businesses, making it a pivotal intermediary in the supply chain. The $1.10 trillion contribution highlights the sector’s substantial role in generating revenue, creating employment opportunities, and facilitating economic growth. This statistic underscores the importance of the Wholesale trade industry in sustaining the economic vitality of the United States by efficiently distributing goods and linking producers with consumers.
The largest category of commodities in Canadian wholesale trade was motor vehicle and motor vehicle parts and accessories, with sales exceeding CAD 118 billion in 2020.
The statistic states that motor vehicle and motor vehicle parts and accessories were the most significant category of commodities in Canadian wholesale trade in 2020, with total sales surpassing CAD 118 billion. This indicates that this particular sector plays a crucial role in the Canadian economy, generating substantial revenue through wholesale transactions. The high sales figures suggest a strong demand for motor vehicles and related parts and accessories within the Canadian market. This data also underscores the importance of the automotive industry within the wholesale trade sector, highlighting its significant contribution to the overall economic landscape of Canada in the specified year.
Wholesale merchants in Canada sold over 641 billion CAD worth of goods and services in 2015.
The statistic indicates that wholesale merchants in Canada generated significant revenue amounting to over 641 billion CAD through the sale of goods and services in 2015. This figure reflects the substantial economic contribution made by the wholesale industry in Canada during that year. The sales performed by wholesale merchants play a crucial role in the supply chain, as they serve as intermediaries between manufacturers and retailers, providing products in bulk quantities to meet the demands of various businesses. The statistic highlights the scale and importance of the wholesale sector in facilitating trade and commerce within Canada, supporting economic growth and job creation.
China’s wholesale and retail trade contributed straightly around 8.1% to the GDP in 2020.
The statistic indicates that China’s wholesale and retail trade sector directly contributed approximately 8.1% to the country’s Gross Domestic Product (GDP) in 2020. This means that the economic activities of buying and selling goods at both wholesale and retail levels played a significant role in driving China’s overall economic output during that year. The data highlights the sector’s importance in stimulating domestic consumption, facilitating the flow of goods within the economy, and creating employment opportunities. A strong wholesale and retail trade sector typically signifies a healthy economy, as it reflects consumer demand and overall economic growth. Therefore, the 8.1% contribution of this sector to China’s GDP in 2020 underscores its significance in the country’s economic landscape.
UK wholesalers and distributors’ turnover exceeded £30bn for the first time in 2019.
The statistic ‘UK wholesalers and distributors’ turnover exceeded £30bn for the first time in 2019′ indicates a significant milestone in the economic performance of the wholesale and distribution sector in the UK. This metric suggests a notable increase in the total revenue generated by wholesalers and distributors during the specified period, highlighting the growth and expansion of the industry. The surpassing of the £30bn mark demonstrates a positive trend in business activity within this sector, likely driven by factors such as increased demand for goods and services, improved operational efficiency, and successful market penetration. This milestone may signal a thriving and competitive environment for wholesalers and distributors in the UK, showcasing their ability to adapt to changing market conditions and capitalize on opportunities for growth and profitability.
The revenue of the wholesale trade industry in France reached around 680 billion euros in 2020.
The statistic states that the revenue of the wholesale trade industry in France amounted to approximately 680 billion euros in the year 2020. This figure represents the total value of goods and services sold by wholesale businesses operating in France during that year. The revenue figure provides insight into the economic activity and size of the wholesale trade sector within the country, indicating the significant contribution of this industry to the overall economy. This statistic can be used to assess the performance and growth of the wholesale trade sector in France and can serve as a benchmark for comparing against previous years or other countries’ wholesale trade industries.
The wholesale trade sector in Germany had a turnover of approx. 1,140 billion euros in 2018.
The statistic indicates that the wholesale trade sector in Germany generated a total turnover of around 1,140 billion euros in the year 2018. This figure represents the sum of all sales revenue within the wholesale sector in Germany during that specific year. The high turnover value suggests that the wholesale trade industry plays a significant role in the German economy, highlighting the importance of this sector in facilitating the distribution of goods and products within the country. This statistic provides valuable insight into the economic activity and scale of operations within the wholesale trade sector in Germany for the given year.
The wholesale industry in New Zealand has an annual revenue of NZ$58 billion and employs 96,531 people as per 2020.
The statistic states that the wholesale industry in New Zealand generated a total annual revenue of NZ$58 billion in the year 2020 and employed a workforce of 96,531 individuals. This indicates that the wholesale sector plays a significant role in the New Zealand economy, contributing a substantial amount to the country’s overall revenue and providing employment opportunities to a considerable number of people. The size of the industry suggests that it is a critical player in the supply chain, serving as a link between manufacturers and retailers by distributing goods in bulk. Additionally, the employment figures highlight the industry’s impact on the labor market, offering job opportunities and supporting livelihoods for a significant portion of the workforce in New Zealand.
The number of wholesale trade establishments in Singapore is more than 22.3K in 2020.
The statistic that the number of wholesale trade establishments in Singapore is more than 22.3 thousand in 2020 indicates the significant presence and scale of the wholesale trade industry within the country. This statistic highlights the diversity and growth of businesses involved in wholesale trade, encompassing various sectors such as electronics, machinery, and consumer goods. The high number of establishments suggests a dynamic and competitive market environment in Singapore, with numerous players contributing to the economy through the distribution and sale of goods at a wholesale level. Furthermore, the figure serves as a key indicator of the country’s economic activity and trade potential, reflecting the importance of the wholesale trade sector in supporting Singapore’s status as a regional business hub.
Australia’s wholesale trade industry contributed AUD 106.29 billion in 2020.
The statistic that Australia’s wholesale trade industry contributed AUD 106.29 billion in 2020 represents the total value of goods and services exchanged between wholesalers and retailers within the Australian economy during that year. This figure signifies the significant economic impact of the wholesale trade sector on the overall economy, reflecting the scale of transactions and the level of economic activity within this industry. The substantial contribution of AUD 106.29 billion highlights the importance of the wholesale trade sector as a key player in the Australian economy, serving as a crucial link in the distribution chain facilitating the flow of goods from manufacturers to retailers and ultimately to consumers.
India’s Wholesale Price Index grew 12.07% YoY in June 2021, the highest in over a decade.
The statistic ‘India’s Wholesale Price Index grew 12.07% YoY in June 2021, the highest in over a decade’ indicates a significant increase in the overall price levels of goods at the wholesale level in India compared to the same period last year. The Wholesale Price Index (WPI) serves as a measure of the average changes in prices received by producers for their goods and services. The 12.07% year-on-year growth suggests a notable acceleration in inflationary pressures within the Indian economy, likely driven by a combination of factors such as supply chain disruptions, rising input costs, and increased demand post-pandemic recovery efforts. This substantial increase, reaching a level not seen in over ten years, could have implications for consumer prices, business profitability, and overall economic stability in India. It warrants close monitoring by policymakers and stakeholders to assess its potential impacts on inflation, economic growth, and policy decisions moving forward.
Brazil’s wholesale, retail, vehicle repair market profit margin reached 5.61% in 2019.
The statistic indicates that the profit margin of Brazil’s wholesale, retail, and vehicle repair market was 5.61% in 2019. This means that for every total revenue generated in this sector, 5.61% was retained as profit after accounting for all expenses such as costs of goods sold, operating expenses, and taxes. A higher profit margin indicates higher efficiency in managing costs and generating profits, reflecting positively on the financial performance of businesses operating in this sector in Brazil. This statistic is crucial for investors, policymakers, and industry analysts as it provides insights into the health and profitability of the wholesale, retail, and vehicle repair market in Brazil.
References
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