I heard on the news yesterday that supermarket shelves are getting back to usual stock levels …and that means back to normal supply and demand balance for toilet paper – small cheer of ‘hooray.’
Interestingly, Australians seem to have a thing for toilet paper. When other countries in lockdown focused on eating essentials such as pasta and tinned tomatoes, the first thing to run out on the supermarket shelves was toilet paper. According to the Statista market outlook, the (estimated) toilet paper revenue rose by 140% in Italy (#1), followed by Australia at 98% (#2). Considering Italy’s early coronavirus hit versus Australia, it makes you think there’s something more to it for the Aussies.
From now on, we’ll be known as the nation who values sun, surf, bbq, beer and toilet paper.