In 2020, around 152 million used smartphones were traded to merchants or individual buyers in China, bringing in a GMV of approximately about 180 billion yuan. China's second-hand consumer electronics market is expected to grow further in the coming years and reach an annual trade value of around 967 billion yuan in 2025.
Gross merchandise value of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category
(in billion yuan)
Others include true wireless stereo headset, smart band, smart watch, digital camera and lenses, sports camera, e-book, game console, drone, among other
things.
One yuan equals to approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022).
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ATRenew. (May 28, 2021). Gross merchandise value of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in billion yuan) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1304883/china-trade-value-of-pre-owned-consumer-electronics-by-category/
ATRenew. "Gross merchandise value of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in billion yuan)." Chart. May 28, 2021. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1304883/china-trade-value-of-pre-owned-consumer-electronics-by-category/
ATRenew. (2021). Gross merchandise value of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in billion yuan). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1304883/china-trade-value-of-pre-owned-consumer-electronics-by-category/
ATRenew. "Gross Merchandise Value of Second-hand Consumer Electronic Devices Sold to Merchants or Individuals in China from 2015 to 2020 with Estimates until 2025, by Category (in Billion Yuan)." Statista, Statista Inc., 28 May 2021, https://www.statista.com/statistics/1304883/china-trade-value-of-pre-owned-consumer-electronics-by-category/
ATRenew, Gross merchandise value of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in billion yuan) Statista, https://www.statista.com/statistics/1304883/china-trade-value-of-pre-owned-consumer-electronics-by-category/ (last visited December 30, 2024)
Gross merchandise value of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in billion yuan) [Graph], ATRenew, May 28, 2021. [Online]. Available: https://www.statista.com/statistics/1304883/china-trade-value-of-pre-owned-consumer-electronics-by-category/
