We continue to see market growth as the big players share their financial results. But there are two caveats. Firstly, the last quarter and the last six months are being compared to activity at the height of the first wave of the pandemic, when some markets were very badly affected.
But the second factor is probably more worrying. Increasingly, we are hearing about strains in the supply chain - on one hand, caused by materials shortages, but more often, caused by lockdowns and other impacts of the latest COVID outbreaks as markets start to open. There are hints that volumes in the next quarter will be lower, despite significant pent-up demand. And more worrying for end-users are indications that prices are set to start rising.
So, the smart money suggests anyone looking to expand their fleet should order now to lock in current pricing - and be prepared to wait for final delivery.

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