2022 Ecommerce Consumer Price Index – Amazon

Pattern Data Science

September 1, 2023

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Musical Instruments


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 musical instruments category. The result is a comprehensive look at how the prices of musical instruments products vary over the course of a typical year following the pandemic.

Key Takeaways

  • Q1 is a great time for consumers to purchase musical instruments from Amazon. Prices can decrease by over $5 on average.

How does the price of musical instruments on Amazon vary throughout the year?

  • Price spread: ↕ 15%
  • Most affordable day: Feb. 16
  • Least affordable day: Dec. 23
  • Most affordable quarter: Q1
  • Least affordable quarter: Q3

Which months are best for buying musical instruments on Amazon?

Q1 is the best time to purchase musical instruments on Amazon. Prices decrease by over 4% in January and remain low until April.

What are the top 5 days for buying musical instruments on Amazon?

The most affordable days to purchase musical instruments are around the beginning of December, January and February.

  • No. 1: Feb. 16
  • No. 2: Feb. 1
  • No. 3: Dec. 8
  • No. 4: Jan. 6
  • No. 5: Dec. 7

What are the bottom 5 days for buying musical instruments on Amazon?

Musical instruments tend to increase in price frequently before or on a major holiday.

  • No. 1: Dec. 23
  • No. 2: Oct. 29
  • No. 3: Jul. 4
  • No. 4: Nov. 24
  • No. 5: Apr. 16

How does the price of musical instruments change during holidays?

Aside from the period between New Year’s Day and President’s Day, the price for musical instruments consistently increased around the holidays and major events.

How is inflation impacting prices on Amazon so far in 2023?

Prices for musical instruments are more expensive in 2023 than in 2022 is what our data is showing so far this 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.

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