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This year, Black Friday discounts may not be as good as expected due to supply problems in technological products.
We are sure that none of us thought that the epidemic would affect the world so much. Since the beginning of 2020, the world has changed like never before in 1.5 years. Problems such as semiconductor scarcity, supply shortages and transportation affected the markets a lot.
Therefore, if you are waiting for Black Friday to buy cheap products, you may be a little upset. Because compared to the autumn of last year, the market is struggling not only with the shortage of semiconductors, but also with the lack of skilled workers due to the pandemic, problems in the supply of plastics, port shortages and new variants of the coronavirus.
As all these factors come together, especially in the last few months, the situation becomes even more painful in economic terms. Containers and cargo ships, which are of great importance in world trade, are simply not used as much as they should be. Many supply chains are in a difficult situation due to canceled trade routes, disrupted purchases due to the pandemic, and abandoned agreements.
In addition, irregular weather conditions and changing climatic conditions added a new one to the material shortage; Plastic. Unfortunately, some raw materials such as polyethylene, polypropylene and monoethylene used in plastic production are not at a level to meet the supply since 2020, and are even scarce.
We certainly do not give you any advice or suggestions such as buy it now, but we should just state that if you are waiting for the Black Friday discounts to buy a technological device, it is not very difficult to predict that the prices will not decrease as much as you hope.
Black Friday Discounts May Not Be As Expected
Williams Johnson