- About product and suppliers:
Motor Tricycle has been an importent product in the Tricycles(old) market over the past year, and it was very popular in United States,Wales,Indonesia,Philippines and Ghana; As shown in the distribution chart, market shares of these countries are folowing: [ US:27.30%, GB:8.86%, ID:5.92%, PH:5.02%, GH:4.12%, other:48.77%].
What's the trends of Motor Tricycle product's market in 2018 (Dec 2016 to Jan 2019)?we have studied one years data on online sales, global shipping, search, sourcing and requirements of following products Electric Tricycle.
Hub Motor,Here is the report.During the research period (Dec 2016 to Jan 2019), the major trends are as following.
Global Market Demand trends: Along with 17 months consecutive growth, the Long-term Motor Tricycle Index steadily rise to 295 a new high at Jan 2019
Alibaba.com Sourcing trends: Along with 7 months consecutive growth, the Long-term Motor Tricycle Index normally rise to 53 a new high at Dec 2018, Unfortunately, the trend has not continued, it steadily withdrawed to 15 at July 2017
Online Sales trends: Along with 4 months consecutive growth, the Long-term Motor Tricycle Index steadily increase to 80 a new high at Feb 2018, Unfortunately, the trend has not continued, it steadily recovered to 73 at July 2017
According to the trends of the three indices, The consultant suggested that the Motor Tricycle is still a product with market potential, but it needs to be carefully study with the later trend.Motor tricycle is normally an interesting product. Alibaba.com is the most important platform for Motor tricycle product online whole sales, most of the golden suppliers on the platform comes from Henan, Zhejiang Jiangsu in China(Main Land), they produce qualified Motor tricycle Motor tricycle with certifications as ccc or ce and support OEM and customized designs. Then How to choose a suitable Motor tricycle products from Alibaba.com? Many customs rank battery as the most important factor, battery styles of Motor tricycle mainly include 48v20ah lead-acid battery and 36v 10ah lithium battery