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ING Supply Chain Predictions for 2022

ING is predicting:

  1.  Supply chain frictions will start to ease, but not until well into 2022.
  2. No rush towards deglobalization in 2022: Firms generally expect a more normalized global economy within a year or so and that means they’re willing to take the current supply-chain issue pain now rather than move to areas where consumption is highest as such relocations carry significantly higher costs.
  3. Input shortages likely to remain a key theme in 2022, but oversupply could return.

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(Source: Hellenic Shipping News Worldwide)