Charts: International Manufacturing Outlook 2022

In mid-2021, KPMG Worldwide surveyed 146 CEOs of huge manufacturing corporations in Europe, North America, and Asia-Pacific to study what’s on their minds for 2022. The following report, “International Manufacturing Prospects 2022,” addressed the CEOs’ views on provide chain resiliency, new applied sciences, and issues involving the atmosphere, society, and governance.

Greater than two-thirds of CEOs responding mentioned they wished extra resilient provide chains to offset one other worldwide lockdown.

KPMG’s Grant McDonald, world trade chief of aerospace and protection, said within the report, “The necessity for resilience is forcing corporations to be extra agile and make choices quicker. Digitization performs a significant contribution to this.”

The pandemic uncovered provide chain weaknesses — a scarcity of important elements and a rise in prices. When requested to pick the largest menace to their agency’s growth, CEOs selected provide chain threat by a large margin.

In response to the chief executives, extending their firm’s supply-chain monitoring to foresee modifications is one of the best ways to cut back disruptions.

The United Nations Industrial Improvement Group (UNIDO) publishes a quarterly report, “World Manufacturing Manufacturing,” summarizing world tendencies throughout international locations and sectors. The report evaluates manufacturing information collected by UNIDO’s member states.

In response to Q1 2022 report, printed June 15, world manufacturing output in North America and Asia registered a year-over-year progress of 5% and 4.2%, respectively.

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