ASIA MANUFACTURING COST DRIVERS REPORT

 

 

The supply management professionals at Source developed and publish quarterly a report of the main cost drivers that impact manufacturing in Asia.  This valuable data allows supply managers to track the commodity, labor, currency, and other trends, whether up or down, to make informed decisions about products in their Asia supply chains.

Asia Manufacturing Costs Rose Higher in the First Quarter of 2022

Asia Manufacturing Costs Rose Higher in the First Quarter of 2022

Asia manufacturing costs rose higher in the first quarter of 2022. Most grades of Plastics, Steel, Alum, Metals, Wood, Textiles, Ceramics increased along with costs for Fuel, and Currency. Only Rubber and Paper decreased in the quarter along with Freight costs which declined 4.8% from elevated levels in most of 2021.
Continued COVD shutdowns and the war between Ukraine and Russia are expected to put continued pressures on supply and demand for the balance of 2022.

Asia Manufacturing Costs Moderated in Q4-2021

Asia Manufacturing Costs Moderated in Q4-2021

Factory output in Asia slowed in the third quarter as manufacturers battled COVID spikes, material supply constraints, and energy shortages. Raw materials continued their upward trends for the most part and transportation backlogs compounded the global supply chain problems.Unfortunately, the outlook for Q4 does not have many promising signs for quick relief and a continuation or worsening of prices is likely as we move into the holiday season.

Asia Manufacturing Stalled in Q3, 2021

Asia Manufacturing Stalled in Q3, 2021

Factory output in Asia slowed in the third quarter as manufacturers battled COVID spikes, material supply constraints, and energy shortages. Raw materials continued their upward trends for the most part and transportation backlogs compounded the global supply chain problems.Unfortunately, the outlook for Q4 does not have many promising signs for quick relief and a continuation or worsening of prices is likely as we move into the holiday season.

Asia Manufacturing Costs Higher in Q2 – 2021

Asia Manufacturing Costs Higher in Q2 – 2021

Factory activity in Asia expanded at a very fast pace in the second quarter on solid demand. Sharp rises in raw material costs and strains in supply chains meanwhile hampered output and the spread of new COVID variants (especially in India) fueled further negative impact on productivity and supply chains. These factors coupled with logistics issues at Asian and US ports and surges in transportation costs are further complicating the situation and driving higher prices.

ASIAN MANUFACTURING COST REPORT Q4– 2019

ASIAN MANUFACTURING COST REPORT Q4– 2019

Executive Summary Asian manufacturing commodity price trends in the fourth quarter were again mixed. Many grades of Plastics, Steel and Ceramics were mostly down in price. While some grades of Rubber, Alum, Paper, Textiles and Fuel prices were all up. Labor rates were...

SUBSCRIBE TO OUR NEWSLETTER

* indicates required
Share This