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More insolvencies expected in 2022

High inflation and lower consumer confidence weigh on sales

Profit margins should remain stable, but downside risks remain

Retailers´ profit margins sustained by fiscal support

Decreasing profit margins for brick-and-mortar retailers

Reviving Latin America's energy transition requires wind and solar

Russia's invasion of Ukraine throws sand in the wheels of the global economy.

As government support after the pandemic is phased out, insolvencies in most markets are projected to increase in 2022 and 2023.

Chinese economic growth slows down amid several downside risks

Covid-19 vaccine production and aging populations drive growth for pharmaceuticals industry

Robust growth expected in 2022

A vast market with growing sales opportunities

Robust output growth expected in 2022

Large backlog of medical treatments to sustain growth in the coming years

Healthy profit margins despite public pressure to lower sales prices

Growing share of generics could affect local producers

Increase in production of primary products planned to lower reliance on China

High days sales outstanding in the wholesalers segment

A major drug production hub with good growth prospects

Business margins expected to increase again in 2022

Stable profit margins despite inflationary pressures

Good growth prospects, but also constraints due to lower public healthcare spend

Sharp output growth in 2021 due to vaccine production

Turkish GDP growth slows down amid soaring inflation and currency volatility

While the global economic recovery from the pandemic is bumpy, we identify five bright spots for export opportunities

Economic growth in the oil-rich Gulf region is outpacing that of its energy-importing neighbours. Petrodollars give an extra boost to the economic rebound in MENA.

Many low-income countries face a triple crisis: the Covid-19 pandemic, rising debt levels and climate change. To tackle these challenges at once one of the solutions could be a debt-for-climate swap.

Robust growth outlook for India's economy in 2022, provided vaccination rollout is accelerated

The pandemic is not yet over but economies around the world are learning to live with it.

Consumers have to bear the surge in food production costs

Higher credit risk for the meat and food services segments

Rising insolvencies in the meat and food services segments expected

Further growth in 2022, but mounting troubles for the meat segment

Ongoing output growth in 2022, but downside risks for some segments

Rising insolvencies in the food service segment expected

Recovery of food demand from hospitality remains shaky

Stable prospects for food producers and processors despite certain challenges

The low level of food business failures persists

Rising insolvencies in some food segments expected

Bakeries and meat processors struggling with higher input prices

Positive performance outlook despite some downside risks

Resilient sector performance so far, but downside risks remain

Brazil's public finances are stuck in a vicious cycle but the comprehensive reforms needed to break out will be difficult.

Most of the businesses polled in Eastern Europe predict growth in 2022. However, this optimistic outlook is tempered by the acknowledgement of downside risks.

Despite a fairly robust GDP growth outlook for next year, confidence of the businesses polled across Bulgaria is muted.

Most of the Czech businesses polled opted to manage customer credit risk internally. However, and despite their efforts, many were not successful at containing year-on-year increases in DSO.

As B2B payments behaviour improves in Hungary, there is still a hint of caution voiced by the businesses we interviewed in the country.

Amid predictions of growth, businesses surveyed in Poland reported having struggled with rising credit management and debt collection costs in recent times.

Businesses polled in Romania favoured the surety of cash sales this year. However, this put them at a disadvantage in a global market place where credit terms are a competitive tool.

Most of the businesses polled in Slovakia reported a decline in late payments. This highly reflects the widespread adoption of credit insurance amongst local businesses polled.