Demand for used phones and computers in Russia surges 44%, prices rise 11% on average

      According to statistics from Yula and VKontakte Ads, demand for used mobile phones/laptops in Russia increased by 44% this month, while supply fell by 46%.

　　According to Yulia and VKontakte, 52% of requests in the electronics category were for smartphones and tablets, 16.8% of visitors searched for computers, and 10.3% searched for TVs and related electronics. In addition, the prices of second-hand smartphones increased by 10% in March, the prices of second-hand computers increased by 22%, and the prices of second-hand electronics increased by an average of 11%.

　　According to Avito, sales of second-hand smartphones in Russia surged 23% in a month, while sales of second-hand laptops surged 29%.

　　IT Home learned that according to a representative of Marvel Distribution, the growth in interest in second-hand electronics is partly due to limited supply in stores and partly due to rising prices of new products. Experts pointed out that this phenomenon is typical of all crisis periods, because the products people want to buy are becoming more and more expensive. In this case, sellers of second-hand transactions usually also raise prices and reduce supply.

　　Earlier, according to the Russian newspaper Kommersant, Russian mobile operator MTS said that in early March, sales of Chinese smartphones in Russia doubled. Huawei device sales increased by 300% in the first two weeks of March, OPPO and vivo increased by 200%, ZTE increased by 100%, and realme increased by 80%. In addition, sales of old-fashioned keypad phones also increased, but the year-on-year increase was only 12%.