While the situation in the Northwestern European countries has been very stable for the past six months, the current outbreak of COVID-19 and Brexit will very likely bring an end to the periods of relatively stable price levels and comfortable stock levels.
How much the market will be affected will largely be determined by how successful the European countries are in containing the outbreak, and how long the period of lockdowns throughout Northwestern Europe will be. One thing is for sure: a further slowing down of the markets and impact on especially whole-sale and foodservice companies will be inevitable.
