Home » Economy » After the first health crisis, the relocation of industries is asserting itself, according to a study

After the first health crisis, the relocation of industries is asserting itself, according to a study

Some 115 relocations have been identified since September 2019. For the year 2021 alone, the study counts 45 establishments.

Relocations of industries are multiplying in the world as the resumption of investments which have returned in 2021 to their pre-Covid level and benefit, in France, especially to SMEs, indicates a study published Tuesday by the cabinet Trendeo.

The average distance between the place of decision of an investment and the place of the investment was established at 3,120 kilometers in mid-2021. In 2020, it fell by almost 5% worldwide, a maximum observed by the industry barometer published by Trendeo since its creation in 2016. This decrease, which began in 2018 and 2019, continued at a lower level in 2021: “There is indeed a contraction of global production chains“, Underlines David Cousquer, founder of Trendeo, a company specializing in the analysis of data on economic trends, during a presentation of”annual barometer of the factory of the future».

«There is a regionalization of global industrial investments, we see that this is a fundamental trend», Adds Gwenaël Guillemot, director of the Institut de la réindustrialisation, and head of the Industry department at the CESI engineering school, partner of the Trendeo barometer. “In France, the phenomenon is reflected in relocations in “Strong increase”, indicates the barometer.

Some 115 relocations have been identified since September 2019. For the year 2021 alone, the study identifies 45 establishments that have generated more than five jobs, mostly thanks to financial aid from the government and European Union recovery plan. “Before France Relance, there were on average ten cases of relocation of more than five jobs per year in France, with a peak of around thirty projects in 2014 thanks to the activism of the then Minister of Industry Arnaud Montebourg, but the mayonnaise had not taken», Adds Gwenaël Guillemot.

«There is something going on, and this especially impacts the industrial fabric of SMEs.», He analyzes, while the phenomenon of relocations had, above all, affected large groups. Suddenly, the trend is still far from being reflected in the overall employment figures: “31,740 jobs were relocated between 2009 and 2021, and 4,885 jobs were created, relocated at the same time», Indicates Gwenaël Guillemot.

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