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Today, mobile phones have become a vital part of our lives. We rely on these communication devices for a lot of day-to-day work. While many people are drawn to the latest models, the market also includes a significant number of used mobile phones buyers. In fact, the international trade of used mobile phones is a booming segment in the electronics and communications sector. To make it easy to understand, used mobile phones are devices that have been previously used or owned. They are usually resold in the market, often at a lower price than new models. And they may range from slightly used to heavily worn, with visible signs of wear and tear. Moreover, the level of usage, condition of the mobile phone, and the age of the device often determine both the price and the categorization of these phones. As they are already used, second hand phone buyers often benefit from great discounts. These used mobile phones are in high demand across multiple regions, such as Asia-Pacific (India and China), the Middle East (UAE, Saudi Arabia, Egypt), Africa (Nigeria, Kenya, Ghana), Latin America (Brazil, Mexico, Argentina), and Eastern Europe.
It is interesting to note that a survey showed more than 95% of used mobile phones in India were sold as-is, with only 5% undergoing repair or refurbishment before re-entering the market. More and more consumers are now choosing used, renewed, or refurbished devices instead of putting their hard-earned money into new ones, especially in developing countries. Research reveals that the majority of Asians are willing to spend either $400 or less when buying a new phone (Source: NSYS Group). There is no doubt that the demand for used mobile phones (such as in the Philippines, Mexico, Russia, Thailand, India, Brazil, and Argentina) in developing nations is higher than in other countries. It is because consumers in these regions are mostly price-sensitive, especially when it comes to electronic devices.
There are several factors pushing the second hand mobile market demand to record highs. Here are the major ones:
As the need for sustainable and affordable technology increases, the opportunity for exporters of used mobile phones continues to grow. Whether you're dealing in used mobile phones in bulk, supplying second hand iPhones, or offering fully tested refurbished Android phones, understanding the classifications and categories of used devices is critical to meet market demand and scale your business.
These are the major categories of used mobile phones for international trade. However, suppliers often expand into other related categories to maximize their reach, attract more buyers, and grow their export business. These adjacent category products include:
Exporters and suppliers should understand who the buyers of old mobile phones are, along with key international standards and requirements. This will help attract more used mobile phones importers and succeed in global markets. Buyers of used or refurbished mobile phones can range from wholesalers and retailers to refurbishing companies, recyclers & scrap processors, e-commerce resellers, and even individual importers or resellers sourcing directly from suppliers.
In addition, here are the key standards you need to meet for exporting used mobile phones.
Here are the global insights into the used mobile phones market that you should know.
Global Refurbished & Used Mobile Phones Market Size:
Price Range of Refurbished and Used Mobile Phones:
Source: IMARC
Top 3 Used Mobile Phones Importers:
Source: Volza
If you want to sell old mobiles or used mobile phones in bulk, follow these effective methods to find and connect with verified buyers.
1. Is the import/export of used mobile phones legal?
Yes, the import and export of used mobile phones is legal. However, there are specific regulations and requirements that you must follow. Devices should be unlocked, IMEI-registered, and not stolen. Some countries require prior approval or certification. In India, you must get certification from the Bureau of Indian Standards (BIS) and comply with labeling requirements.
2. What is the difference between used and refurbished phones?
Used phones are sold as-is, while refurbished units are tested, repaired, graded, and often come with warranties.
3. Which country is the biggest buyer of used mobile phones?
India is the biggest buyer of used mobile phones, followed by Vietnam and South Korea.
4. What is the HSN code for used mobile phones?
8517 is the used mobile phones HSN code (same as for new mobile phones).
5. What type of Used Phones Products are exported globally?
A range of used mobile phone products is exported, including:
6. What are some popular brands and models in the used mobile phone market?
The most in-demand brands and models in the used mobile phone market include:
Europe’s refurbished and used mobile phones market is expected to nearly double from €24.4?billion in 2025 to €47.2 billion by 2032 due to affordability, sustainability, certified trade-in programs and supportive EU circular-economy policies. (Full Story: Open PR)
