The price barometer of the refurbished 2022

Your 2022 barometer is out.

💡 This year, our barometer has improved. We have implemented a new, more accurate algorithm that takes into account, in real time, more data to deliver ever more relevant information.

December 

In December, we see a significant increase of 5 points.

How to explain it ? Simply because the demand for refurbished products is stronger at the end of the year, with the holidays. While on the supply side, the quantities of products placed on the market have not necessarily increased. This is mainly due to inflation and the increasing cost of parts and labour required to refurbish the aircraft.

2022 was marked by a strong interest in second-hand devices: more than 282.6 million devices were sold, an increase of 11.5% compared to 2021 (253.4 million units shipped in 2021) according to IDC. Recovery programs continue to be the determining factor for the new and used smartphone market globally. Widely acclaimed by consumers, because they then allow them to acquire higher-end models.

This has contributed to an increase in the trade-in value, which is common when demand for new aircraft is low. The increase in RST has driven up prices in the secondary market due to consumers getting more for their older devices to incentivize upgrades.

"The second-hand market grew by 11.5% in 2022, driven by a 6.1% rebound in the new market for 2021," said Anthony Scarsella, Research Director at IDC’s Worldwide Quarterly Mobile Phone Tracker. 'Refurbished smartphones are more resilient to market inhibitors than new smartphone sales, as consumer appetite remains high in many regions. Attractive prices are essential for growth, as cost savings remain the main advantage. However, the presence of high stocks linked to the lengthening of renewal cycles on the new market means that prices for refurbished models increased by more than 11% in 2022".

November

The fall in prices observed last month, continues in November in a dazzling way 📉

Yet all the ingredients were there for an explosive price cocktail:
👉 Increase in production costs (energy, cost of spare parts)
👉 iPhone 14 out of stock
👉 Apple keeps prices high for the new iPhone 13
👉 The first Christmas orders

But finally, this is very good news that is emerging for buyers at Christmas time 🎁
The price gap between new and reconditioned continues to widen. This encourages users to give priority to second hand and to achieve a record Christmas for professionals in the reconditioned sector 👀

See you next month to see if the trend continues and to better understand it ! 

October

As expected, the reconditioned price curve continues to fall 📉

We note a loss of 2 points compared to last month. Since July, the 2022 and 2021 curves have joined. After seeing an increase in prices until July, the fall decline is finally starting to be felt!

Since 1 January 2022, reconditioned prices have fallen by 18% 💸

See you in November to follow this evolution ! 👀

September

It was announced to you during the previous barometer update Dipli : the price curve of the reconditioned continues to fall. This month we note a loss of 1 point compared to last month 📉

The effects of the new iPhone 14 re-entry and release are just beginning to be visible 📱

August

Gone are the price increases observed since April. We note that ongoing inflation does not impact the price of smartphones offered on the reconditioned market. The arrival of the iPhone 14 on 07/09, could also explain this decline.

In principle, when a new iPhone is announced the previous models see their price decrease. Some users want to upgrade their smartphones, this is when many mobiles, still in good condition, arrive on the market of the second hand.

The more popular a new iPhone is, the more previous models will have a second life as refurbished devices.
👉 The trend could continue over the coming months. Case to follow.

July

In July, we saw a general increase in market prices. During the month, prices increased by 1 point. 📈
This can be explained by high demand during this period. As you may know, July and August are two of the biggest months of the year for refurbished electronics sales worldwide. 🌐

Will this trend continue for the rest of the summer ? See you in the next barometer to learn more !

June

We had predicted it!

The price curve is rising! A trend we are seeing earlier this year than in 2021 (when health restrictions were still present).


The seasonality resumes its usual course, which does not hinder transactions so far. It remains to be seen whether next month will see an exponential increase, or whether it will stabilize later in the summer.

Maybe there is still time to enjoy it? Continue to follow our monthly barometers, stay Circular Heroes ♻️

May

After a fall in prices of 15% in 4 months; in May, we observe a stabilization in relation to the usual seasonality of the market. 

Our two curves follow each other closely since the beginning of the year, this month, 2022 seems to join 2021. Can we predict a faster price recovery than last year ?

👉 We should expect a strong recovery next month, so it’s time to buy and take advantage of our advantageous offers before observing a future price increase, or even a shortage effect on certain references.

Continue to follow our barometers, stay Circular Heroes ♻️

April

Prices continue to fall! But why ?

It’s the season ! From February to May, the reconditioned market sees a sharper fall in prices every year. Stored volumes are increasing while demand is more fragile.

📉 The trend continues in May while June marks the transition before the period of strong recovery in summer.

❗️Prudence, in July 2021 prices had continued their fall caused by consumption declining with successive lockdowns.

What will we see this year?

March

What’s new on the prices of the reconditioned in this early spring?

⬇️ A deflation on refurbished smartphones! This leads to a stronger than usual seasonal decline.
📊 There is a gap between the reconditioned and the new market that is growing despite ruptures and a rise in prices in the second.
Many more reasons to put the second hand at the heart of your strategy and become heroes of the circular economy ♻️

The change observed last month is finally earlier than expected. See you at the next barometer to observe the evolution of the spring trough on Dipli ! 

January - February 

At the beginning of the year, January and February are characterized by a drop in the prices of refurbished devices sold on our various channels. It’s seasonal: this variation is observed every year.  The usual spring trough begins to be felt at the beginning of February before the market resumes significantly in May.

See you next month to observe the next evolution on Dipli !