GETWAB

02 / Market Size

How large is the NAICS 331410 federal market?

Net obligations$11.38B
Contract actions2,534
Vendors43
Federal customers7
Contracting offices19
Average action$4.49M
Largest action$65.35M
Data coverageFY 2020–FY 2026

03 / Spending Trend

NAICS 331410 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.

Latest closed fiscal year$1.53B
FY 2026
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2020$1.04B152105—
FY 2021$2.00B402145+92.7%
FY 2022$2.20B50294+9.8%
FY 2023$2.03B460155−7.7%
FY 2024$1.10B240154−45.8%
FY 2025$1.49B334226+35.2%
FY 2026$1.53B444275+3.3%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2020–FY 2026.

Federal customerCodeObligationsActionsVendorsMarket share
UNITED STATES MINT2044$11.31B2,237999.4%
DEFENSE LOGISTICS AGENCY97AS$51.64M37120.5%
DEPT OF THE NAVY1700$14.31M236150.1%
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION8000$297.9K750.0%
DEPT OF THE AIR FORCE5700$86.7K1020.0%
STATE, DEPARTMENT OF1900$27.3K110.0%
DEPT OF THE ARMY2100-$48.6K630.0%

05 / Contracting Offices

Which contracting offices buy in NAICS 331410?

Ranked by net obligations during FY 2020–FY 2026.

06 / Top Vendors

Which contractors lead the NAICS 331410 market?

VendorObligationsActionsCustomersMarket shareLatest activity
INTL FCSTONE LTD$8.11B1,999171.3%Sep 24, 2026
SUNSHINE MINTING, INC.$1.07B8519.4%Jun 20, 2025
TORONTO-DOMINION BANK, THE$709.32M5116.2%Nov 10, 2025
A-MARK PRECIOUS METALS, INC.$585.51M3815.1%Aug 13, 2026
LEACHGARNER, INC.$432.66M3513.8%May 25, 2021
COINS 'N THINGS, INC.$199.11M1211.7%Jul 15, 2026
BANK OF MONTREAL$162.19M1511.4%Jan 23, 2024
GLOBAL ADVANCED METALS USA INC$49.30M1320.4%Jul 8, 2026
J. ARON & COMPANY LLC$34.47M110.3%Jul 21, 2026
MANFRA TORDELLA & BROOKES, INC.$5.36M110.0%Sep 23, 2026

07 / Product and Service Mix

What products and services are purchased under NAICS 331410?

PSCDescriptionObligationsActionsVendorsShare
9660PRECIOUS METALS PRIMARY FORMS$11.31B2,2391199.4%
9650NONFERROUS BASE METAL REFINERY AND INTERMEDIATE FORMS$51.68M34120.5%
9530BARS AND RODS, NONFERROUS BASE METAL$7.02M180120.1%
F099NATURAL RESOURCES/CONSERVATION- OTHER$2.97M3210.0%
5120HAND TOOLS, NONEDGED, NONPOWERED$677.9K540.0%
9510BARS AND RODS$494.4K750.0%
9640IRON AND STEEL PRIMARY AND SEMIFINISHED PRODUCTS$245.0K430.0%
5220INSPECTION GAGES AND PRECISION LAYOUT TOOLS$147.5K110.0%
1710AIRCRAFT LANDING EQUIPMENT$123.9K320.0%
P100SALVAGE- PREPARATION AND DISPOSAL OF EXCESS/SURPLUS PROPERTY$117.5K1420.0%

08 / Buying Pattern

How does the government buy in NAICS 331410?

Competed86.0%2,179 actions
Competed under SAP13.3%336 actions
Not available for competition0.5%12 actions
Other / unknown0.3%7 actions
Other than small business share100.0%$11.38B
Small business share0.0%$1.78M
Common action typeObligationsActions
DELIVERY ORDER$9.84B2,160
BPA CALL$8.86M196
PURCHASE ORDER$1.52B173
DEFINITIVE CONTRACT$2.03M5

09 / Recent Contract Awards

What was awarded most recently in NAICS 331410?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $11.38B market as addressable.