The world’s supply chains are connected more than ever before. Global events like COVID-19 heighten demand impact across the world. Crisp has made European supermarket demand data available to help visualize the impact of COVID-19 on supply and follow-on effects predicted to be felt in the US Market.
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It has been four months since a closure was first declared due to the pandemic in Scandinavia, which was approximately 2-4 weeks prior to the closures announced in the US. We note the following trends there for the week ending on July 17th: