Entering the surplus industry is more than simply selling any items you find or choosing randomly. While it is profitable and allows you to work on different dynamics and ideas, it requires planning and knowledge.
Global production trends, consumer preferences, and sector-specific surplus trends are all part of the list of things to worry about before you jump in. Or, at least, if you truly want to work on maximizing profits and generating opportunities.
Certain sectors stand out for generating substantial surplus inventory. They offer unique opportunities for resellers and are much better than jumping around trying to find your own niche.
And before you jump to the ideas of multiple investments, the ideal is going over unique opportunities in one or two markets.
At Coastal Surplus Solutions, we are well knowledgeable regarding markets, trends, and the opportunities you can find thanks to how we source surplus goods.
We understand the way the industry works and how you can maximize profits.
Hence, before you take the next step, take the time to have our team support you through decisions and ideas. With that in mind, what industries and markets should you prioritize?
Metals and Mining: Copper and Nickel Surpluses Are the Real Gold
When starting, it doesn’t have to be difficult to figure out what works.
If it comes to mind first, then it is for sure a business to consider.
The metals sector is one many consider, but quickly discard when they think about how oversaturated it may be. However, it is experiencing significant surpluses.
This is driven by both supply expansions and changing demand. For example, the International Copper Study Group forecasts that the global copper surplus will more than double this year, 2025.
This means it will increase sales as a whole, all due to increased mine production in countries like Mongolia and Russia.
The opportunity it presents is how resellers and recyclers can capitalize on abundant supply. Then, on lower prices in these metals while manufacturers may find cost-effective sourcing for industrial applications.
Energy: Good Old Oil Surplus
Surplus oil presents opportunities for downstream buyers, storage companies, and traders. This is because all of them can arbitrage regional price differences.
Today, the oil industry is booming more than ever, and with the political changes and influences, this will continue.
You can take a lot from the way countries are producing and exporting more. Consider the ways to find surplus oil, and how you can offer global supply.
For manufacturers, it will be more about the distribution part of the chain.
Manufacturing and Automotive Industries
The global automotive sector always generates significant surplus. This is due to overproduction and model changes.
While the region and geographic location make a difference and set a standard, this is more of a standard.
Used car inventories have surges as new vehicle sales fluctuate. This creates opportunities for surplus resellers and parts recyclers.
As a result, dealers can acquire surplus. If you are the reseller, you have a niche customer audience that can buy all the items.
Feel free to navigate this market without worries and maximize the opportunities on reselling, refurbishing, and recycling for this.
Coastal Surplus Solutions for You
Metals or automotive surplus?
We understand how markets move and offer support on capitalizing these opportunities.
We can source the goods for you, handle logistics to streamline them, and offer support with shipping and delivery.
While a few conditions apply, we know how surplus goods work and how to get you the most of them.
Feel free to contact us and have our team work with you in these markets or many more in the industry.
