Global Sourcing Analysis

There is a significant group of companies moving some sourcing out of China, in SEA less so Recovering confidence toward the Chinese market Share of respondents' likeliness to relocate their sourcing out of China 15% 7% 16% 6% 29% 17% 44% 41% 2022 ■ 2023 9% 9% Already planned to/moved sourcing out of China within the past 12 months Very likely Likely Unlikely Very unlikely Growing confidence in SEA market when compared with China Share of respondents' likeliness to relocate their sourcing out of SEA 63% 58% 21% 11% 7% 2% 1% 2% Already planned/moved Very likely Likely sourcing activity out of Southeast Asia within the past 12 months COPYRIGHT © 2023 ARC Consulting. All rights reserved. 22% 12% Unlikely Very unlikely

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