In a 2020 study, the expected frequency of a 1-2 weeks long global value chain disruption was estimated to be around two years. This study indicates how the frequent a disruptive shock occurs depending on the duration of the shock across industries and geographies. Thus, roughly every five years a disruption lasting more than two months is expected to arise.
Predicted frequency of a global value chain disruption as of 2020, by duration
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McKinsey & Company. (August 6, 2020). Predicted frequency of a global value chain disruption as of 2020, by duration [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1155226/value-chain-disruption-expected-frequency-worldwide/
McKinsey & Company. "Predicted frequency of a global value chain disruption as of 2020, by duration." Chart. August 6, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1155226/value-chain-disruption-expected-frequency-worldwide/
McKinsey & Company. (2020). Predicted frequency of a global value chain disruption as of 2020, by duration. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1155226/value-chain-disruption-expected-frequency-worldwide/
McKinsey & Company. "Predicted Frequency of a Global Value Chain Disruption as of 2020, by Duration." Statista, Statista Inc., 6 Aug 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1155226/value-chain-disruption-expected-frequency-worldwide/
McKinsey & Company, Predicted frequency of a global value chain disruption as of 2020, by duration Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1155226/value-chain-disruption-expected-frequency-worldwide/ (last visited November 10, 2024)
Predicted frequency of a global value chain disruption as of 2020, by duration [Graph], McKinsey & Company, August 6, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1155226/value-chain-disruption-expected-frequency-worldwide/
