QYR Market Research Global Power Sports market research | Page 7

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3. Price
The product average price declined in the past few years due to
the technology development, the average price will keep the trend
in the few future years due to increasing mature manufacturing
technology and lowing cost of raw materials.
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4. Cost
The impact on the cost and availability of raw materials and
certain components is uncertain due to potential supply changes.
The costs of raw materials have a significant impact on the level
of expenses. If the prices of raw materials and related factors
such as energy prices increase, and if new companies cannot pass
those price increases on to customers, their results of operations
and financial condition would suffer.