It was found that many used furniture and home appliances remained unsold for a long time, and the market was stagnant.
Sources familiar with the second-hand goods industry say the main reason for this phenomenon is that supply far exceeds demand. A quick look at social networks and community websites reveals many posts about advertisements seeking buyers for various types of used goods. furniture and appliances. Sources point out that these are often put up by expatriates who are about to leave the country or representatives of those who have recently left. Selling used furniture has been difficult for many people in recent months. Questions in the market become clear. “Such items are usually not in bad condition, but the fact is that many of them are unclaimed because there is so much supply and buyers have so many options. “They're willing to get rid of it,” said a resident involved in the transaction. “It's natural for buyers to look for the best deal when they can buy their belongings at such a low price before they leave the country.” “Goods that were previously sold at a certain price are now being sold at a much lower price. Those who do not recognize this and continue to demand relatively high prices are unable to sell their products. “We can't,” he added. More than three months ago, we announced on our social networking pages about the sale of some furniture items. “But no one has contacted me yet,” he fumed.
We look forward to serving you.Many others who posted signs in hypermarkets expressed similar views. Abbas Hussain, who sells second-hand goods at Najma's Souq Haraj, said business this season has been “a little disappointing” and the market is currently oversupplied. He recalled that many of those who left the country in recent months were long-term residents and had some items that needed to be disposed of, leading to an oversupply. Officials say misleading claims by some sellers aren't helping matters. One expatriate said he contacted the seller through a community portal to buy a sofa a month ago. However, when he went to the site, he found that the products listed on the website had nothing to do with the actual products. He said there were others who had similar experiences.
