COVID-19 - impact on logistics industry gross value added by scenario 2020

Estimated impact of the coronavirus (COVID-19) epidemic on the global logistics industry's growth of gross value added in 2020, by scenario

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Release date

March 2020

Region

Worldwide

Survey time period

as of March 2020

Supplementary notes

Fast recovery: purely demand-driven cyclical drop in activity and profound effect in China due to quarantine measures/isolation of provinces.
Delayed curve: long-lasting decline in demand for logistics services due to extended production stoppage and increased risk from further lockdowns in the world.
Profound recession: global recession leads to severe decline in demand and recovery only in line with economic growth in the first half of 2021.

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