As a leading supplier of wholesale iPhones, WeSellCellular tracks trends in used cell phone supply on a weekly basis. In this post, we share our insights with you regarding volume trends in 2022 versus 2021. If you are a reseller of second-hand mobile devices, these trends are critical to track so that you can plan your procurement strategy for the end of 2022 and 2023.
WeSellCellular tracks weekly volumes from all major suppliers in the industry. This puts us in a position to share rich insights with our customers.
Because of pandemic shutdowns, 2020 is a difficult year to meaningfully compare to 2021. Month-to-month or week-to-week measures between 2020 and 2021 give an artificial impression of market growth in 2021. In reality, 2021 was a rebound year in which trade-in volumes resumed a normal level of activity. In this analysis, we compare volume trends so far in 2022 versus 2021.
The Big Takeaways
Our comparison between early 2021 and early 2022 activity among WeSellCellular’s suppliers shows that between January and June of 2022, compared to the same period in 2021, there was a 48% increase in trade-ins. What’s more, the first half of 2022 outpaced the last half of 2021 by 33%. This is due not only to overall growth in industry volume, but also to WeSellCellular’s continually expanding access to supply.
What Do These Trends Mean for 2023?
WeSellCellular expects 2023 to be a strong year for the industry. This fall, as in years past, Apple will release a new iPhone. Following the usual pattern, the trade-in market will bloom around the holidays as people trade in old iPhones for the new. Be ready for the rush with uncommitted capital at hand. And when you’re looking to find your next supplier of used iPhones, turn to WeSellCellular, a tried-and-tested market leader.
We offer a comprehensive stock list with the latest devices available at competitive prices, sourced from major carriers and manufacturers. Our rigorous testing and grading make buying from us a low-risk proposition. Stock up with WeSellCellular.