depressed market
noun [ C ]
ukus ECONOMICS, COMMERCE
the situation when the price of a product is low because an industry is producing a large supply of its product but has a lower than usual number of buyers:
The company has struggled with a surge in wood pulp and energy costs and a depressed market for paper products.
STOCK MARKET
a financial market in which more people are selling shares than are buying shares:
The depressed market chipped 2p off the company's net asset value per share last year.