Trouble in Your Tank: Implementing Direct Metallization in Advanced Substrate Packaging
It’s Only Common Sense: Storytelling That Sells—Stop Pitching, Start Painting Pictures
The Right Approach: Get Ready for ISO 9001 Version 6
Global Supply Chains Feeling Impacts of Russia-Ukraine War
April 4, 2022 | IPCEstimated reading time: 1 minute
New data from IPC show that the electronics manufacturing supply chain is already feeling the impact of the Russia-Ukraine War.
IPC’s April Monthly Economic Update and Global Sentiment Survey found that four-fifths of manufacturers expect the war to have a negative impact on commodity prices and transportation costs, while seven in ten anticipate a negative impact on the stock of raw materials.
Among other conclusions, the IPC survey results show:
- The Material Costs Index rose to its highest level, with almost the entire panel reporting rising material costs.
- Manufacturers expect the automotive, consumer, and industrial electronics markets to be most negatively impacted by conflict, while the defense market may be positively impacted.
- Overall demand remains strong. The New Orders Index declined slightly in the last month but remains well in expansionary territory. The Backlog Index also fell slightly.
- Inventories Available to Customers (IAC Index) slipped into contractionary territory this month, suggesting inventory levels are low.
- Inventories Available to You from Your Suppliers (IAFS Index) improved marginally but remains in contractionary territory, suggesting most respondents are experiencing this.
The economic impact will be felt most severely in Europe, with the GDP forecast adjusted downward by nearly one percentage point. The GDP forecast for the United States has been lowered by two-tenths of a percentage point, to an expectation of 3.5 percent growth in 2022.
The Russia-Ukraine conflict is impacting the economy in several ways, including rising energy and commodity prices, with many hitting new all-time highs; and a decline in confidence, which results in reduced spending by consumers and investment by businesses. Bidirectional sanctions are also slowing economic growth.
“Energy and commodity prices are up significantly for three primary reasons: perceived potential shortages, increased stockpiling, and speculative buying amidst the uncertainty,” said Shawn DuBravac, IPC chief economist. “Both the European and U.S. economies are, at least for now, on solid footing and are well-positioned to weather the negative shock of the war, but growth will be hindered.”
IPC surveyed hundreds of companies from around the world, including a wide range of company sizes representing the full electronics manufacturing value chain.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
India’s Aerospace and Defence Engineered for Power, Driven by Electronics
09/16/2025 | Gaurab Majumdar, Global Electronics AssociationWith a defence budget of $82.05 billion (2025–26) and a massive $223 billion earmarked for aerospace and defence spending over the next decade, India is rapidly positioning itself as a major player in the global defence and aerospace market.
I-Connect007 Launches Advanced Electronics Packaging Digest
09/15/2025 | I-Connect007I-Connect007 is pleased to announce the launch of Advanced Electronics Packaging Digest (AEPD), a new monthly digital newsletter dedicated to one of the most critical and rapidly evolving areas of electronics manufacturing: advanced packaging at the interconnect level.
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
ICAPE Group Unveils Exclusive Report on Sustainability in Electronics Manufacturing
09/15/2025 | ICAPE GroupICAPE Group, a global leader in printed circuit boards (PCBs) and custom electronics manufacturing, today announces the launch of its 2025 Industry Outlook & Innovation Report: Sustainability in Electronics Manufacturing. This exclusive report is accompanied by fresh insights from a dedicated Statista survey of 100 electronics manufacturing professionals, commissioned by ICAPE Group.
Sustainability and Selective Soldering
09/15/2025 | Dr. Samuel J. McMaster, Pillarhouse InternationalSustainability is more than just a buzzword for the electronics industry; it’s a key goal for all manufacturing processes. This is more than a box-ticking exercise or simply doing a small part for environmentally friendly processes. Moving toward sustainable solutions drives innovation and operational efficiency.