Wholesale Turnover Statistics in Canada
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Transcript of Wholesale Turnover Statistics in Canada
Wholesale Turnover Statistics in Canada
23rd Voorburg Group Meeting
Mary Beth Garneau
Aguascalientes, MexicoSeptember 22nd to 26th, 2008
September 23, 2008Statistics Canada • Statistique Canada2
Logistics
Marketing and support services
Packaging and labeling
Inventory management
Shipping
Handling of warranty claims
Wholesalers and their services
Product training
Banner wholesalers Drop shippersRack jobbers
Wholesale merchants and distributorsDealers of machinery & equipment
Import-export merchants and agentsManufacturing reps and agentsWholesale commission agents
Dealer-owned cooperatives Wholesale brokers
Buying groups
In-store or co-op promotionsDistribution
Buy and sell
September 23, 2008Statistics Canada • Statistique Canada3
Definition of the service (1)
North American Industry Classification (NAICS) 2002Classification 41 Wholesale Trade • Establishments primarily engaged in wholesaling merchandise and
providing related logistics, marketing and support services. generally an intermediate step; many wholesalers are organized to sell
merchandise in large quantities to retailers, and business and institutional clients.
some wholesalers sell merchandise in single units to final users (particularly those that supply non-consumer capital goods)
Note: Unlike ISIC, the 2-digit NAICS boundary includes wholesale motor vehicles, parts and accessories
September 23, 2008Statistics Canada • Statistique Canada4
Definition of the service (2)
Wholesale Merchants Buy and sell merchandise on their own account, take title
to the goods they sell.
Wholesale Agents and Brokers Buy and sell merchandise owned by others on a fee or
commission basis, do not take title to the goods they buy or sell.
September 23, 2008Statistics Canada • Statistique Canada5
Wholesale statistics in Canada
Distributive Trades Division Responsible for surveys of revenue and expenses
(turnover)
Prices Division Responsible for developing/producing SPPI
System of National Accounts Responsible for estimates of real and nominal GDP
September 23, 2008Statistics Canada • Statistique Canada6
Survey program overview
Sub-Annual Monthly Wholesale Trade Survey Coverage: Merchants (except Grain & Petroleum Wholesalers)
Excludes Agents and Brokers
Annual Annual Wholesale Trade Survey Coverage: All Merchants, Agents and Brokers
Irregular Wholesale Origin and Destination of Goods Survey Module on Annual Survey
September 23, 2008Statistics Canada • Statistique Canada7
Wholesale population and sample
# Establishments Monthly Monthly SurveySurvey
Annual Annual SurveySurvey
Population on Business Population on Business RegisterRegister 104,000104,000 120,000120,000
SampleSample 12,00012,000 14,00014,000
Mail-out (includes clusters of Mail-out (includes clusters of establishments)establishments) 5,0005,000 5,9005,900
September 23, 2008Statistics Canada • Statistique Canada8
Monthly Wholesale Trade Survey
• A key indicator of the economic conditions of wholesale industries in Canada
• 5% of GDP on a value added basis• Provides values and growth rates for sales and
inventories by industry group and province/territory • An analytical overview disseminated each month
describing current trends within the context of Canadian economic environment
September 23, 2008Statistics Canada • Statistique Canada9
Annual Wholesale Trade Survey
A comprehensive program measuring the structural composition of wholesale industries in Canada
Designed to meet the needs of the SNA Collects detailed revenue and expense data such as
operating income, cost of goods sold, inventories and expenses
Characteristics data such as Class of customers, outsourcing and types of merchants or agents and brokers
September 23, 2008Statistics Canada • Statistique Canada10
Wholesale Origin & Destination of Goods
Data required for the National and Provincial Input-Output Table and constant dollar deflation
Prior to RY 2008, collected on an occasional basis Most recent iteration was conducted for reference year
2001 with less than acceptable results stemming from poor response rates
Pilot survey to collect data as a module within the Annual Wholesale Survey with fewer commodities
New module will be launched to full sample for Reference Year 2008
September 23, 2008Statistics Canada • Statistique Canada11
Market conditions (1)
In Canada, wholesaling is a multi-billion-dollar industry, with sales totalling $660 billion in 2006.
Canada’s wholesale industry accounts for about
5% of Canada’s GDP
September 23, 2008Statistics Canada • Statistique Canada12
Market conditions (2)
Import a large share of the goods they distribute (typically from the United States)
Quick to adopt new information and communications technologies, have recorded above-average growth in capital investments
Globalisation, offshore outsourcing, and the arrival of American-style retailing (big box stores and club warehouses)
September 23, 2008Statistics Canada • Statistique Canada13
2006 Sales by Wholesalers (billions $CDN)
Farm products 18.1
Petroleum products 121.2
Food products 82.4
Alcohol and tobacco 7.7
Apparel 9.6
Home and personal products 32.4
Pharmaceuticals 33.2
Motor vehicles 75.6
Motor vehicle parts and accessories 19.3
Building supplies 50.7
Metal products 18.7
Lumber and millwork 13.9
Machinery and equipment 51.0
Computers and other electronic equipment 31.5
Office and professional equipment 23.4
Other products 64.9
Agents and brokers 6.3
All wholesale trade groups 660.0
September 23, 2008Statistics Canada • Statistique Canada14
GDP estimates
Value-added is the sum of the following Input-output wholesale table input commodities:• Wages and salaries• Supplementary labour income• Mixed income• Other operating surplus• Indirect taxes and subsidies
September 23, 2008Statistics Canada • Statistique Canada15
Deflation
Constant price estimates of monthly industry output• monthly indicator• Monthly GDP by industry
Annual deflation of commodity output Inputs:
• Commodity detail of industry • Margins• Combination of Industrial Product Price Indexes and Import
Price Indexes
September 23, 2008Statistics Canada • Statistique Canada16
Challenges ahead
Deflation• Updated accurate commodity data• Wholesale price indexes
Globalization-induced changes to the structure of multinational firms with operations in Canada
Accurately and consistently define, delineate and measure the wholesale industry. • Wholesale activities can take place in a variety of areas of the economy (manufacturing
sales branches, head-office, logistics, warehousing,, etc.)• Consistent industrial classification of production units can be a challenge. For example, the
same activities of different firms may be classified in different industries based on each firm’s most-recently profiled book-keeping practices.
• Avoid volatility in the wholesale statistical series resulting from changes in classification that may not reflect actual changes in economic activity.
September 23, 2008Statistics Canada • Statistique Canada17
Discussion