- About product and suppliers:
During the research period (Dec 2016 to Nov 2018), major trends on sales, online shipping, product and requirements data were anlysised for Steel Plate, Steel Pipe, Stainless Steel Plate, Steel Coil, Steel Strip, Alloy Steel, Stainless Steel, Stainless Steel Sheet, Wear Resistant Plate and Angle Bar etc. And the result was as the following.
Global Market Demand trends: Long-term Ballistic Steel Plate index inched growth to 760 in Nov 2018 form 488 in Dec 2016.
Alibaba.com Sourcing trends: The Ballistic Steel Plate index started a growth trends in May 2018, and steadily increase to 80 in Nov 2018.
Online Sales trends: Along with 9 months consecutive falling, the Long-term Ballistic Steel Plate Index steadily drop to 34 a new low in Nov 2018.
According to the trends of the three indices, The consultant suggested that the Ballistic Steel Plate is still a product with market potential, but it needs to be carefully study how to decrease your cost and focus on the new products and hot products supplied by partners from Alibaba.com.