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Chemicals supply chain under strain: $12.2 bn lost each year to disruptions

Scheduled Pinned Locked Moved Manufacturing & Industrial Supply Chains
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  • RohilR
    Rohil wrote last edited by
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    A DP World study says chemical cargo owners are losing $12.2 billion annually as the sector faces 17,500+ logistics incidents a year. In the last three years, 92% reported customs/border delays, 91% geopolitics-linked hits, and 90% port congestion, painful for an industry that underpins 96% of manufactured goods. Average cost per disruption: ~$700,000; a tenth of firms lose $5 mn+ yearly. Leaders plan to double down on digital visibility, forecasting and multi-route networks to rebuild resilience.

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