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The restructuring of global supply chains has caused a collapse in the Far East. Experts believe that the problem will not be resolved quickly and consumers will face shortages of goods and price rises.
After a bumpy year, 2023 could prove to be even more challenging for global goods trade with consumer demand faltering, oversupply returning, and the energy and subsequent inflation crisis persisting. But the supply chain pain is expected to ease and shipping a container will be cheaper