Economic Shifts in Russia’s Smartphone Market: Drivers Behind the Price Jump

The sharp 32% rise in the average price of smartphones imported into Russia this year is being traced to middlemen who bring devices from countries that are not friendly to the domestic market. This assessment comes from Leonty Bukshtein, the editor-in-chief of the technology magazine published by the TV network 360, who spoke about market dynamics and pricing drivers. According to him, the surge reflects a mix of supply chain adjustments and pricing tactics employed by intermediaries active in Russia’s trade network. The commentary highlights how import channels, especially indirect ones, contribute to higher price points and create a sense of scarcity that feeds demand in certain consumer segments.