MARKET UPDATES – 30.06.21

GENERAL OVERVIEW

  • The demand for electronic components continues to increase globally, we expect further growth throughout the remainder of 2021 and into 2022.

 

  • Material availability is more challenging than ever before, with some suppliers asking for payment in advance to secure supply.

 

  • There have been further surges in pricing across all commodities.

 

  • Supplier capacity is being stretched due to a demand for immediate shipments from the low component inventory at the end of 2020. Due to this, we are seeing a further increase in lead times of up to 52 weeks+.