WORLDWIDE SUPPLY SHORTAGES AFFECT WINE AND PAINT INDUSTRIES
Supply-chain issues have been a headache for several industries around the world. The latest industries to be suffering from the container ship traffic jams and pandemic effects are the wine and paint industries.
A dire shortage in glass bottles is forcing some winemakers in California, United States to let wine age in wooden barrels for too long, which can lead to the drink tasting "like a sawmill," Phil Long, the owner of Longevity Wines in Livermore, California, told Business Insider.
Not only will this problem create an increase in prices, stock shortages and distribution problems, but it will also have a snowball effect on the market for years to come.
Fin24 reports that Dutch paint maker Akzo Nobel is running out of ingredients to make some shades of blue, the latest fallout from the global supply-chain disruptions that are spreading across manufacturers.
Besides the blue shade problem, the paint maker says it's also struggling to find the specific metal used to manufacture the metal cans. The company has been forced to transport empty cans across the country to get them filled with paint as they can’t manufacture them anymore.
The global crisis has left many supermarket shelves empty and both consumers and producers up in arms.
Image credit: Wine Spectator