The first of these is what I call the ‘second-order’ impacts of the COVID-19 pandemic.
It’s difficult to staff some of the ports around the world and this is happening at a time when Australia has a large exportable surplus across most of its key commodities.
Attracting and retaining talent is a challenge – whether it’s a fruit picker or an accountant, labour is scarce and the war for talent is real.
Look for the geopolitical response of food inflation to develop over the course of the next 12 months.
The second theme expected to play out in 2022 is the continued inflow of capital into the FB&A sector.
In 2022 look out for pension funds, offshore funds and family offices continuing to be active participants in the space.
Businesses looking to attract capital or maybe even sell are presented with a great opportunity.