The manufacturing sector has been hit hard over the past few years, but ongoing global conflict has worsened current market conditions.

Average profit margins have plunged to 31.53 percent, the lowest since records began in 2018.

This has resulted in more manufacturers clearing out their warehouses, with stock on hand dropping to historically low levels. 

Unleashed Head of Product Jarrod Adam says the challenges to the supply chain are being worsened by the Middle East conflict, and experts are unclear on what will happen next.

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