Here's a list of goods that will be hit by the latest supply chain and energy crises in China and Europe.
What's happening in both regions is a perfect storm that's disrupting supply chains globally, industry watchers and analysts say.
"Major fertilizer plants were forced to curtail output because of the rising costs, and now farmers can't produce enough food as a result," she explained.The pressure on fertilizer will also lead to a shortage of one "very interesting by-product" – carbon dioxide – which is used in a wide range of consumer products, says Per Hong, senior partner at consulting firm Kearney.
Several major Apple suppliers have suspended operations at their factories in China, according to Hong. In fact, the entire electronics industry — already reeling from the big chip shortage — is likely to suffer, he said.
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