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The Steel Wire Drawing Industry's Revenue for the Year 2006 Was Approximately $4,460,000,000

Posted on: Wednesday, 30 May 2007, 09:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c58416) has announced the addition of "Steel Wire Drawing Industry in the U.S. And Its Foreign Trade (1996-2008)" to their offering.

This industry report focuses upon the Steel Wire Drawing industry. This U.S. industry comprises establishments primarily engaged in drawing wire from purchased steel.

NAICS Hierarchy:

331222 - Steel Wire Drawing 33122 - Rolling and Drawing of Purchased Steel 3312 - Steel Product Manufacturing from Purchased Steel 331 - Primary Metal Manufacturing 31-33 - Manufacturing Sector

SIC:

3315 - Steel Wiredrawing and Steel Nails and Spikes (steel wire drawing)

This industry report includes 144 pages of the latest market research information on this industry. This new release contains data as current as April of 2007. In addition to the detailed explanations of the provided statistical data, there are 112 charts, 18 tables, and 2 maps to effectively illustrate the content. Use this report as an in-depth analysis of the industry, an industry reference guide, an aid for benchmarking and forecasting, and as a tool for uncovering new business opportunities. The report is considered the most comprehensive research in the market.

Areas covered:

- Income Statement - Balance Sheet - Capital Expenditure - Labor and Compensation - Establishments - Import - Export - Industry Players - Links - Sales & Marketing - Industry Structure - Foreign Trade and Us States Statistics - Industry's 4-Year Financial Statement - Report Methodology

STEEL WIRE DRAWING INDUSTRY

The industry's revenue for the year 2006 was approximately $4,460,000,000. The gross profit was 23.44% at $1,045,424,000. There were 432 establishments in this industry that year. Thus, average contribution (or revenue) per establishment annually was $10,316,000. The total import export value for the year 2006 was $2,522,137,000. There were 137 countries that conducted foreign trade with the U.S. in 2006, 7 more than year 2005. The top trading countries were: China, $770,608,000 (30.55%); Canada, $417,996,000 (16.57%); Mexico, $240,925,000 (9.55%); Korea, $200,833,000 (7.96%); and Japan, $117,319,000 (4.65%). Their combined total represents approximately 69% of all imports and exports. The total import value for the year 2006 was $1,913,678,000. This represents a 1.6% increase from year 2005. The U.S. had imported industry related merchandises from 73 countries in 2006. The top importing countries were: China, $645,314,000 (33.72%); Canada, $238,456,000 (12.46%); Korea, $177,456,000 (9.27%); Mexico, $155,991,000 (8.15%); and Japan, $96,672,000 (5.05%). Their combined total represents approximately 69% of import from all countries. The total export value for the year 2006 was $410,802,000. This represents a 8.1% increase from year 2005. The U.S. had exported industry related merchandises to 126 countries in 2006. The top exporting countries were: Canada, $176,020,000 (42.85%); Mexico, $80,386,000 (19.57%); China, $15,698,000 (3.82%); Germany, $12,086,000 (2.94%); and United Kingdom, $10,163,000 (2.47%). Their combined total represents approximately 72% of export to all countries. Adding the import and subtracting the export, the total U.S. consumption value of this industry for the year was $5,963,000,000.

SUMMARY

This industry report packs 10 years of data from hundreds of reliable government and private statistical resources. The data have been compared and verified to assure the highest research quality. Supplier Relations US frequently contacted these agencies and private companies to acquire the latest information, most of which is unavailable to the general public. It is estimated that to gather and organize the same information into an easy-to-read format in each report, an individual researcher would spend at least a year's worth of effort. The challenge is, by the time this is accomplished, some data is most likely obsolete. Our business is dedicated to the research of U.S. industries and their associated foreign trades. We can meet that challenge easily as our databases are directly linked to these resources.

The U.S. manufacturing sector is expected to hit the monumental 5 trillion dollars net sales in 2006. U.S. economists have projected another 5% to 7% growth in the year 2007. To stay ahead, this industry report is intended for you to analyze the specific U.S. industry in greater detail. Not only does the report provide you with information on domestic production, it also supplies you with an industry's import and export data. The report depicts what are the products of the industry and their respective contributions. You can compare these products with the industry's materials, parts and components list that is in the report. The foreign trade data includes 10-years of statistics, and it is projected into year 2008. Such trade data is also provided at the commodity level based on the HTS classification.

For more information, please also refer to the Table of Contents.

This industry report includes detailed information on:

1. Industry's major players

2. Organizations that set standards for the industry

3. Government agencies that regulate and monitor policies related to the industry

4. Trade associations, including educational institutions

5. Trade publications

6. Trade shows and organizers

7. Sources of the information

This information includes the name of the company or organization, a description of the organization and how it is related to the industry, and a URL link to its website.

For more information visit http://www.researchandmarkets.com/reports/c58416

Source: Business Wire

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