Mexican suppliers on alarm due to price increase and shortage of imported components
The situation derived from the global health crisis caused by Covid-19 is very complex, mainly in places of productive concentration such as Asia, where industries were forced to limit their activities to avoid contagion.
Although in some countries of the region greater epidemiological control has been achieved, the reality indicates that geographic points still exist with high rates of affected people, which prevents the normalization of production.
The pandemic has caused an exodus of workers to their regions of origin in manufacturing areas of Asia, which has caused an insufficient availability of labor. All in all, it has slowed down internal transport and logistics, which in turn has influenced port activity, which is essential for Asian exports to the world.
For months, the main ports have been operating with minimal capacities and shipments have suffered significant delays.
Added to this situation are the well-known speculative maneuvers that are reflected in strong price increases and a shortage of inputs and raw materials, plus an uncontrollable rise in transportation costs - freight and containers - which in certain cases have increased their values sixfold.
In this sense, Mexican suppliers of materials, leathers, components and accessories for the footwear and manufacturing industries, assist helplessly in the face of this phenomenon that they cannot bear financially and must necessarily transfer to their prices. Based on opinions gathered in other Latin American countries, the situation is repeated with similar characteristics, and confirms the profound reversal that the pandemic has caused at international supply points.
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