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Procurement Market Intelligence Report

Explosives Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Explosives?

What is the average price of Explosives?

This procurement report includes pricing information to help you purchase Explosives. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Explosives been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Explosives yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Explosives?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Explosives with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Explosives?

Market share concentration among domestic suppliers of explosives is high because four suppliers dominate the market, generating slightly more than 80.0% of total market revenue. There are about 85 suppliers of explosives in the United States. Roughly two-thirds of suppliers are manufacturers, while the rest operate as distributors. The top... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Shipping

What methods of shipping do you use (land, waterways, road)?

Do you allow buyers to pick up explosives and transport materials themselves? What areas do you not supply or service?

What processes do you use in order to track and guarantee the safety of shipments that you send?

Have you had issues with timely delivery in the past three years, and why did those issues occur?

Experience

How many years have you been a provider of explosives?

How have your operations grown over the past three years?

What is your hiring process and what actions do you take to ensure your employees are qualified and experienced?

What product has your company been offering the longest? What products are the newest? Which products are the most popular?

Financials

If your company's input costs increase suddenly, how are the prices of your explosives affected?

How do changes in your profit margins affect the prices of your products?

Has your company ever been at risk of bankruptcy? If so, how did your company overcome this and how were your product lines affected during the process?

In the next three years, is your company planning to expand or make any significant investments that may affect the price or availability of your products?

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Key elements for every RFP

What should my Explosives RFP include?

Project Budget

Buyers should list their budget for the requested materials.

If requesting a long-term contract, buyers should provide budget figures for the entirety of the contract, as well as per year for the length of the contract.

If requesting a long-term contract, buyers should provide the allowable adjustments in the budget to account for year-to-year price fluctuations.

Buyers should outline situations in which exceeding the budget is allowable.

Selection Criteria

Buyers should consider the price of the products being requested.

Buyers should consider the location of the supplier and the cost of shipping and handling.

Buyers should consider the quality of the products being provided and assess the level of performance from past contracts the supplier has been involved with.

Buyers should select a supplier that can provide the highest percentage of the products being requested.

Project Schedule

Buyers should provide key dates pertaining to the RFP, including the final date to submit questions and a final bid.

Buyers should provide the date by which prospective suppliers will be contacted to conduct further negotiations.

Buyers should provide the date by which products must be delivered.

If requesting a long-term contract, buyers should list the dates in which contracts can be renegotiated and the deliverable dates throughout the contract.

Evaluate major factors to mitigate risk

How risky is the Explosives supply chain?

During the three years to 2018, the supply chain associated with explosives has posed a moderate risk of causing supply disruptions or price spikes. Chemical manufacturers and petroleum product manufacturers provide critical inputs in the manufacturing of explosives, such as ammonium nitrate and fuel oil. Suppliers of explosives depend on... Subscribe to learn more.

HIGH

MEDIUM

LOW