Industrial & Scientific
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 industrial & scientific category. The result is a comprehensive look at how the prices of industrial & scientific products vary over the course of a typical year following the pandemic.
Key Takeaways
- The best time to purchase industrial & scientific products is near the beginning of the year in Q1
- Prices generally remained above an average of $50 during the year.
- Holidays are not an ideal time for consumers to purchase industrial and scientific products on Amazon—prices can increase up to 7% during this time.
How does the price of Industrial & Scientific products on Amazon vary throughout the year?
- Price spread: ↕ 14%
- Most affordable day: Jan. 2
- Least affordable day: Nov. 24
- Most affordable quarter: Q1
- Least affordable quarter: Q3
Which months are best for buying Industrial & Scientific products on Amazon?
For consumers looking to purchase industrial & scientific products, it’s best to purchase in Q1 when the prices are below average.
What are the top 5 days for buying industrial & scientific products on Amazon?
- No. 1: Jan. 2
- No. 2: Dec. 4
- No. 3: Jan. 9
- No. 4: Jan. 8
- No. 5: Nov. 13
What are the bottom 5 days for buying industrial & scientific products on Amazon?
Some of the most expensive days for industrial and scientific products occur during the end of the year. 4 of the 5 bottom days fall within Q4.
- No. 1: Nov. 24
- No. 2: Oct. 13
- No. 3: Dec. 24
- No. 4: Jul. 14
- No. 5: Dec. 31
How does the price of industrial & scientific products change during holidays?
One of the most expensive times to purchase industrial & scientific products on the Amazon is during the month of July, when Amazon holds its most popular event, Prime Day.
How is inflation impacting prices on Amazon so far in 2023?
2023 pricing for industrial & scientific products on Amazon have followed similar pricing trends as 2022, although remaining more expensive in price throughout the year.
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.
