Other way round the limited market and loss of profit will result in a temporary drop in price and a subsequent steep increase in price or decrease in quality to make up for the loss of profit that happens when the American market shuts down or slows.
Unless they can no longer afford to warehouse them.
Warehouse what? They simply stop production. The shipping containers are a lagging indicator. The production stopped when the orders evaporated.
US isn’t the only market. Likely to see price drops in Europe when supply will outstrip demand, but still maintain a better margin that the US.
At least until production rates adjust.
Other way round the limited market and loss of profit will result in a temporary drop in price and a subsequent steep increase in price or decrease in quality to make up for the loss of profit that happens when the American market shuts down or slows.