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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. Morgan Manufacturing PMIĀ® which began 2022 at an expansion value of 54.2, Sources; S&P Global and ISM, 2022.

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Are Asian Economies Heading for a Bumpy Ride in 2022

20Cube Logistics

However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The September 2022 J.P. Separately, Bloomberg reported last week that Chinaā€™s industrial profit levels shrank during the first eight months of 2022 adding to economic as well as manufacturing financial challenges. The S&P Global Philippines Manufacturing PMIĀ® in September rose for the first time since June to a value of 52.9.

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January 2023 PMI Reporting Points to Some Signs of Global Wide Easing

Supply Chain Matters

Our previous posting in this series of global wide manufacturing PMI highlights was in early January summarizing both December and Q4-2022 reported indices data. value reported for the end of 2022. The few pockets of production expansion were noted to be within Asia , including India, Indonesia, Thailand and the Philippines.

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Thailand Ecommerce Logistics for ASEAN Enterprises: Should You Go Local?

Logistics Bureau

Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 SOURCE: Statista. Considerations for Choosing Between Thai and Cross-Border Logistics. That said though, there are some generic pros and cons of local versus cross-border strategies for ecommerce logistics in Thailand. billion (US).

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The reality of this index is that global wide demand levels for products remain below those of 2022 as economically strained consumer remain very watchful of spending levels. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. and the United Kingdom.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, Februaryā€™s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ā€™s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. increasing 3.2