WELLINGTON — File variety of New Zealanders buying second-hand gadgets has boosted the nation”s round financial system by 500 million New Zealand {dollars} up to now 12 months to an estimated worth of 5.5 billion New Zealand {dollars}, a brand new report by Commerce Me has discovered.
The report confirmed common Kiwi has round 1,350 New Zealand {dollars}’ value of undesirable possessions they might promote, 50 New Zealand {dollars} greater than final 12 months.
There was no slowing down of the expansion of New Zealand’s round financial system, with 81 million gadgets throughout the nation that might be bought for money, Commerce Me market spokesperson Sally Feinson stated lately.
The annual survey was the sixth of its type performed by Commerce Me, New Zealand’s largest on-line public sale web site, in November 2024 amongst 4,000 particular person New Zealand-based respondents. It investigated the place, how, and why folks purchase, promote and commerce preowned gadgets.
A report 89 p.c of Kiwi purchased gadgets within the final six months, up two p.c on final 12 months, the best ranges of second-hand buying since Commerce Me began monitoring again in 2019, Feinson stated, including 79 p.c of respondents bought at the least one merchandise within the final six months.
Concerning folks’s motivations for getting and promoting secondhand, occupied with the surroundings is changing into extra necessary than creating wealth, regardless of the rising price of residing, with greater than half of Kiwis surveyed saying they take into account the environmental influence of their buy, the report stated.
The report stated 62 p.c of respondents’ key motivation in promoting gadgets is to declutter, whereas 53 p.c do it to earn some cash.
Girls had been extra seemingly than males to contemplate the environmental influence, it stated, including clothes, sneakers and equipment, residence and residing, and books, CDs and DVDs stay the dominant gadgets to promote. (1 NZ greenback equals $0.57)
