Obligatory everyone is allowed to hate me because I manufacture products in China (as we all type on devices with at least parts made in china)...but some things in international manufacturing are INSANE beyond what is being reported.
The cost to ship a container of my typical products is 4x higher than it was in 2019, that's not even the freaky part. The freak out part is that these prices are not expected to dip until at least 2023. That's not return to 2019 level, just any downward movement.
I can't pretend to know how this affects the market at large, but it's every product, not just mine, and I can't see how it's not a scary negative thing.