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Dynamics of textile and apparel supply-chain during COVID-19
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Dynamics of textile and apparel supply-chain during COVID-19

Views:0     Author:Site Editor     Publish Time: 2020-08-10      Origin:Site

Needless to say, how this COVID-19 became a game-changer in every aspect pushing for a new global order. In the first quarter of 2020, this pandemic led to a 3% drop in global trade values. Other forecasts from various agencies earmarked: trade volumes decreasing between 13% and 32% in 2020 (WTO, 2020), global growth falling to -3% (IMF, 2020) and different maritime seaborne scenarios ranging from a return to sector average (around 3% p.a.) after 2022 to growth rates falling by 17% by 2024.

Dynamics-textile-apparel-supply-chain-COVID-19


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