The recent outbreak of COVID-19 in South China’s Yantian Port is causing yet another backlog in global supply chains, notes Dun & Bradstreet, a leading global provider of business decisioning data and analytics.
Brian Alster, General Manager, Third-Party Risk & Compliance, Dun & Bradstreet, recently shared information on the industries, suppliers and materials that will suffer in Europe, the United States/Canada and Asia Pacific.
“In each region, major materials that are already experiencing shortages will continue to be impacted including metals, plastic, and food – further stalling the movement of goods and impacting prices,” he says
In Europe:
• Top countries impacted by reduced capacity at Yantian International Container Terminals (YICT) include: the United Kingdom, the Netherlands,
Germany, Spain, France, Belgium, Italy, Poland, Sweden, and Denmark.
• The top 10 materials found in shipments from YICT to Europe include: audiovisual equipment, furniture
and bedding, toys and games, mechanical appliances, footwear, clothing, steel, ceramic, metals, and cutlery and related metal products.
• The top 10 industries impacted by these delays include: general retail, food retailers, wholesale trade, apparel, electrical equipment and components, engineering services, industrial and commercial machinery and equipment,
furniture, building materials and hardware, and construction.
In US/Canada:
• The top 10 materials found on shipments from YICT to the US/Canada include: furniture and bedding,
toys and games, audiovisual equipment, mechanical appliances, plastics, steel, metals, textiles, ceramics, and leather
products.
• The top 10 industries impacted by these delays include: general retail, furniture, wholesale trade, automotive
dealers, apparel, engineering services, industrial and commercial machinery, and equipment, building materials and
hardware, electronic equipment and components, and fabricated metal products.
In the Asia-Pacific:
• Top countries impacted by reduced capacity at YICT include: Australia, New Zealand, Malaysia, Bangladesh,
Vietnam, and South Korea.
• The top 10 materials found on shipments from YICT to Asia-Pacific nations include: plastics, footwear, audiovisual equipment, apparel, paper and paperboard, furniture, steel, leather, mechanical appliances, and cutlery and related metal products.
• The top 10 industries impacted by these delays include: general retail, furniture, wholesale trade, food retailers, electrical equipment and components, building materials and hardware, communications, apparel, construction, and textiles.
• The top 10 affected supplier industries in China include: wholesale trade, furniture, building materials and hardware, electrical equipment and components, apparel, engineering services, industrial and commercial machinery and equipment, metal products, food retailers, and stone/clay/glass/concrete products.
As always, we hope that this market intelligence will help SCMR readers prepare for “Peak Season,” and will endeavor to sound out other industry analysts for their perspective on major disruptions like this one.
On a final note, we would like acknowledge that Dun & Bradstreet was recently awarded the CIPS corporate ethics mark after the company’s Global Sourcing & Procurement staff completed the necessary trainings in supply chain management.
Well done.
About the Author
Patrick Burnson, Executive Editor
Mr. Burnson is a widely-published writer and editor specializing in international trade, global logistics, and supply chain management. He is based in San Francisco, where he provides a Pacific Rim perspective on industry trends and forecasts. He may be reached at his downtown office: [email protected]
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