2022 Ecommerce Consumer Price Index - Amazon
Grocery
To understand and find pricing patterns in 2022, we analyzed the price of the most popular products in every category on Amazon during every day of the 2022 calendar year, including the grocery category. The result is a comprehensive look at how the prices of groceries vary over the course of a typical year following the pandemic.
Key Takeaways
- In a typical year, groceries on Amazon do not vary widely in price, ranging between $17 and $20 on average.
- Prices for groceries consistently decline month by month until June, when prices begin to climb until the end of the year.
- Christmas and Christmas Eve are among the top highest priced days for groceries.
How does the price of groceries on Amazon vary throughout the year?
- Price spread: ↕ 11%
- Most affordable day: Jan. 2
- Least affordable day: Dec. 25
- Most affordable quarter: Q1
- Least affordable quarter: Q4
Which months are best for buying groceries on Amazon?
Prices reach their lowest in January, with a decrease of 3% compared to the average price for the year.
What are the top 5 days for buying groceries on Amazon?
The first week of the year is the best time to buy groceries on Amazon. So if those new year resolutions include food, consumers might save more money by stocking up early on.
- No. 1: Jan. 2
- No. 2: Jan. 1
- No. 3: Jan. 5
- No. 4: Jan. 8
- No. 5: Jan. 7
What are the bottom 5 days for buying groceries on Amazon?
4 of the 5 highest priced days for grocery-related products fall in December, mainly the second to third week of the month.
- No. 1: Dec. 25
- No. 2: Nov. 24
- No. 3: Dec. 15
- No. 4: Dec. 13
- No. 5: Dec. 12
How does the price of groceries change during holidays?
The first half of the year is a great time to buy. Consumers should avoid the winter holiday seasons when buying grocery products online since prices can increase by over 6%.
How is inflation impacting prices on Amazon so far in 2023?
Grocery prices in 2023 have so far gone through more significant changes than what the 2022 data shows—especially in April, when prices decrease by over $2 at the beginning of the second quarter.
Methodology
Pattern analyzed the prices of more than 714,000 of the most popular products in every category in the U.S. Amazon marketplace for all 365 days of the 2022 calendar year. Products only qualified for the index if they were one of the three most popular products in their category during the year. Percent change in product price represents the variability of the price of each product each day of the year against its average price for that same year.