Mobile Phone Market on an Upward Trend

Even the cheapest models are no longer a budget choice. Since the beginning of the year, the upward trend in the mobile phone market has not ceased, with prices occasionally rising slowly and at other times sharply. This increasing trend from the beginning of the year until now can be explained by the imposition of war-like conditions on the market, sanctions pressure, and the disruption of the supply and distribution cycle. In fact, as the process of imports has become more difficult for various reasons, the supply of goods in the market, combined with the inflationary effect, has led to higher procurement costs, which is reflected in the price increases. For example, the Redmi A5, which was priced at 14 million and 700 thousand tomans in Farvardin, reached 46 million tomans in the first week of Aban. The market has been behaving at new boundaries after more than six months. Accordingly, economic options are no longer truly economical. The price of the Poco X7 has also more than doubled during this period, reaching 142 million and 500 thousand tomans. The rhythm of price increases has been set in the mobile phone market since the beginning of the year and shows no signs of stopping.