Find out about how your Christmas shop can be affected in this article.
Reduced sailings from China
Inflation and the cost-of-living crisis have left companies and individuals with fewer funds this year, forcing businesses to review how much stock they are purchasing.
Additionally, China’s “zero-Covid” policy has meant overnight lockdowns for industrial areas and ports over the last two years, causing shipment delays. Coupled with congestion in Europe in 2021, also caused by lockdowns, many importers did not receive their goods in time for Christmas.
In most countries in Europe and in parts of the United States the measures that were taken to battle the spread of COVID-19 are being lifted. This means that business is getting back to (a new) normal.