Free Shipping on orders over US$39.99

Surprising Data Revealed in Thomas' Q1 2022 Sourcing Activity Snapshot – ThomasNet News

Xometry (NASDAQ: XMTR), the global marketplace for on-demand manufacturing, announces the acquisition of Thomas ico-arrow-default-right
Industry Trends

Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox.
A surprising category catapulted to the top of Thomas’ sourcing activity rankings during Q1 2022.
Thomas, a Xometry company, recently released the “Thomas Industrial Sourcing & Supply Chain Activity Snapshot,” a data-rich report that reveals the products as well as services most sourced for in Q1 2022 by its 1.4 million registered users in North America. Lumber, steel, and packaging in the automotive, aeronautics, and housing/construction categories have typically been top performers on and remain so in Q1 2022. As well, during the COVID-19 pandemic, medical equipment has been in the top 20 products buyers were sourcing.  
Now, for only the second time ever since Thomas began producing its Snapshot Report, food product sourcing has reached the number 1 slot in the quarterly recap. Not only that, the data reveals that food products sourcing in Q1 2022 was 29% higher than the second most sourced product on — steel. 
[Download the full report here.]
“The rapid rise in food products as the most-sourced category on reflects ongoing supply-chain disruptions, historic inflation and Russia’s war on Ukraine,” explains Thomas President Shawn Fitzgerald.
“Our data shows that producers, manufacturers and distributors within the broader food category are facing extreme sourcing pressure,” said Fitzgerald.
In fact, food product sourcing from February to March 2022 alone skyrocketed. The month-over-month sourcing data reveals:
Meanwhile, food prices climbed to their highest level in March 2022 since the FAO Food Price Index started tracking monthly fluctuations in 1990, according to a U.N. Food and Agriculture report.
Every day, engineers, buyers, and logistical companies conduct thousands of actions on Fortune 1,000s to mid-markets and SMBs source suppliers and partners, download product specifications, and submit requests for proposals. Thomas reviews this first-party data to identify sourcing trends as well as opportunities in the industrial sector. 
Armed with this real-world data, the “Thomas Industrial Sourcing & Supply Chain Activity Snapshot” for Q1 2022 includes:

FullHD_2022Q1_report_button.jpg - a few seconds ago

Image Credit: fizkes /
Industry Trends
Industry Trends
Industry Trends
Industry Trends
Industry Trends
Industry Trends
Industry Trends

The Complete List of Elon Musk Companies

Business & Industry

Making State History, North Carolina Finally Lands First Automaker

Business & Industry

GM Marks Another Milestone in All-electric Future with Cadillac Lyriq

Business & Industry

Auto Supplier Announces $8 Million Tennessee Plant

Business & Industry

EV Battery Company to Build $2 Billion Gigafactory in Kentucky

Business & Industry
Additive Manufacturing / 3D Manufacturing
Business & Industry
Business & Industry
Select From Over 500,000
Industrial Suppliers
Find and evaluate OEMs, Custom Manufacturers, Service Companies and Distributors.
Receive Daily
Industry Updates
Stay up to date on industry news and trends, product announcements and the latest innovations.
Search Over
6 Million Products
Find materials, components, equipment, MRO supplies and more.
Download 2D & 3D
CAD Models
10+ million models from leading OEMs, compatible with all major CAD software systems.
Copyright© 2022 Thomas Publishing Company. All Rights Reserved. See Terms and Conditions, Privacy Statement and California Do Not Track Notice. Website Last Modified May 2, 2022.
Thomas Register® and Thomas Regional® are part of Thomasnet Is A Registered Trademark Of Thomas Publishing Company.


rafi rajib
We will be happy to hear your thoughts

Leave a reply

Reset Password
Compare items
  • Total (0)
Shopping cart