GETWAB

02 / Market Size

How large is the NAICS 331410 federal market?

Net obligations$10.14B
Contract actions2,149
Vendors49
Federal customers10
Contracting offices29
Average action$4.72M
Largest action$65.35M
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 331410 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$1.49B
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$294.94M61229
FY 2020$1.04B152105+251.9%
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$1.49B332216+35.2%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
UNITED STATES MINT2044$10.11B1,907799.8%
DEFENSE LOGISTICS AGENCY97AS$13.89M30120.1%
DEPT OF THE NAVY1700$10.35M186200.1%
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION8000$163.6K530.0%
DEPT OF THE ARMY2100$155.2K1060.0%
DEPT OF THE AIR FORCE5700$49.8K510.0%
STATE, DEPARTMENT OF1900$27.3K220.0%
FEDERAL ACQUISITION SERVICE4732$1.2K110.0%
DEFENSE CONTRACT MANAGEMENT AGENCY (DCMA)9763$0210.0%
NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY1341-$599110.0%

05 / Contracting Offices

Which contracting offices buy in NAICS 331410?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 331410 market?

VendorObligationsActionsCustomersMarket shareLatest activity
INTL FCSTONE LTD$6.82B1,643167.3%Sep 24, 2025
SUNSHINE MINTING, INC.$1.31B112112.9%Jun 20, 2025
TORONTO-DOMINION BANK, THE$668.68M4816.6%Oct 23, 2024
A-MARK PRECIOUS METALS, INC.$545.85M3715.4%Jan 27, 2025
LEACHGARNER, INC.$490.70M4214.8%May 25, 2021
BANK OF MONTREAL$162.19M1511.6%Jan 23, 2024
COINS 'N THINGS, INC.$118.58M1011.2%Feb 13, 2024
GLOBAL ADVANCED METALS USA INC$13.77M320.1%Sep 29, 2025
T & T MATERIALS INC$2.86M1710.0%Aug 1, 2025
AVION ALLOYS INC$2.79M2910.0%Sep 1, 2025

07 / Product and Service Mix

What products and services are purchased under NAICS 331410?

PSCDescriptionObligationsActionsVendorsShare
9660PRECIOUS METALS PRIMARY FORMS$10.12B1,908899.8%
9650NONFERROUS BASE METAL REFINERY AND INTERMEDIATE FORMS$13.94M26110.1%
9530BARS AND RODS, NONFERROUS BASE METAL$4.97M131140.0%
F099NATURAL RESOURCES/CONSERVATION- OTHER$2.51M3210.0%
5120HAND TOOLS, NONEDGED, NONPOWERED$302.5K320.0%
9640IRON AND STEEL PRIMARY AND SEMIFINISHED PRODUCTS$247.6K540.0%
9510BARS AND RODS$146.6K540.0%
8030PRESERVATIVE AND SEALING COMPOUNDS$108.7K110.0%
P100SALVAGE- PREPARATION AND DISPOSAL OF EXCESS/SURPLUS PROPERTY$89.5K1020.0%
1710AIRCRAFT LANDING EQUIPMENT$72.8K210.0%

08 / Buying Pattern

How does the government buy in NAICS 331410?

Competed84.6%1,817 actions
Competed under SAP14.8%319 actions
Other / unknown0.4%8 actions
Not available for competition0.2%5 actions
Other than small business share100.0%$10.14B
Small business share0.0%$1.02M
Common action typeObligationsActions
DELIVERY ORDER$8.32B1,786
PURCHASE ORDER$1.82B218
BPA CALL$5.71M137
DEFINITIVE CONTRACT-$307.2K8

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 $10.14B market as addressable.