US Ports Strike: Impact on the Economy and Supply Chains
Justinas Liuima
The US ports strike impacts international shipments and may have significant effects on the US economy. Prolonged disruptions risk causing significant shipment and supply delays for US manufacturers and increase logistics costs. Retailers and consumers, meanwhile, face potential supply disruptions during the busy shopping season, which could cause higher inflationary effects in Q4 2024.
Commodity Market Outlook Q3 2024: Muted Demand and Improved Supply Outlook Ease Price Pressures
Aleksandra Svidler
An improving supply outlook and muted demand have eased pressures in the commodity markets. In 2024, weaker manufacturing activity in key markets is set to limit price growth for energy and metals, while robust crop forecasts should curb agrifood price increases.
Supply Chain Diversification Supports Growth of the New Trade Hubs, but Further Action is Needed
Justinas Liuima
Growing political and economic tensions are leading to supply chain diversification efforts, with new regional trade hubs emerging in Asia, Europe and the Americas. However, it remains unclear if new manufacturing hubs can fully replace China in global supply chains due to China's dominance in the hi-tech goods sector and underdeveloped supporting industries in other countries.
Commodity Market Outlook Q2 2024: Pressures Have Eased but Geopolitical Flareups Drive Market Volatility
Aleksandra Svidler
First months of 2024 saw a year-on-year easing in many commodity prices, as soft global demand weighed on energy prices and prospects of adequate crop supply capped agrifood price growth. However, geopolitical shocks sparked turbulence in the oil market and drove up gold prices, while rising supply concerns fuelled a rally in copper.
B2B Channels Can Offer New Growth as Consumer Demand Remains Weak
Justinas Liuima
The ongoing cost-of-living crisis is expected to impact consumer demand in 2024. To counter this, companies can focus on B2B sales channels, particularly in the offices and healthcare sectors, which are forecast to maintain steady revenue growth.
Commodity Market Outlook Q1 2024: High Uncertainty Amid Soft Economic Outlook and Geopolitical Risks
Aleksandra Svidler
This year’s commodity market outlook remains highly uncertain. As consumers and businesses continue to grapple with lingering cost pressures and high interest rates, subdued global economic activity is set to translate into softer commodity demand.
Shipping Disruptions: Impact on Global Supply Chains and Economies
Justinas Liuima
Global supply chains continue to face additional pressures in 2024 due to security crisis in the Red Sea. Global shipping companies and their clients avoid trade route via Suez Canal and instead are rerouting vessels round the Cape of Good Hope. This impacts around 11% of the global trade and poses the largest threat for the Asia-Europe shipping routes.
Economies in 2024: Key Trends to Watch
Lan Ha
In 2024, economies and cities across many parts of the world will see a subdued growth environment, with higher-for-longer interest rates and geopolitical uncertainties weighing on consumption, investment, manufacturing and trade.
Commodity Market Outlook Q4 2023: Slowing Demand and Sufficient Supply to Limit Price Growth in 2024
Aleksandra Svidler
Amid the global economic slowdown, weaker private consumption, business spending and capital investment are expected to weigh on commodity demand and curb price growth. However, the outlook remains highly uncertain due to elevated geopolitical risks, which could lead to supply disruptions and intensify price volatility, especially in energy markets.