GITNUX MARKETDATA REPORT 2024

Statistics About The Average Unit Retail

The average unit retail provides a measure of the typical price at which a product is sold and is calculated by dividing the total revenue from unit sales by the total number of units sold.

Last Updated: June 23, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore the notable trends and shifts in average unit retail prices across various industries and product categories based on the latest statistics. From consumer electronics to luxury fashion, construction materials to beauty products, these statistics shed light on the changing landscape of retail pricing in different sectors.

Statistic 1

"Sporting goods saw a 9% increase in average unit retail prices over the past year."

Statistic 2

"E-commerce platforms saw a 17% increase in average unit retail prices for consumer electronics in 2021."

Statistic 3

"In 2021, the average unit retail price of toys in the U.S. climbed by 7%."

Statistic 4

"The global average unit retail price for smartphones was approximately $363 in 2020."

Statistic 5

"The average unit retail price for personal computers grew by 11% in 2021, largely due to the pandemic-driven demand."

Statistic 6

"The continued rise in raw material costs has driven up the average unit retail price for construction materials by 6% in 2021."

Statistic 7

"The average unit retail price of electric vehicles in the U.S. was around $55,600 in 2022."

Statistic 8

"The average unit retail price for groceries increased by 2.6% in the first quarter of 2022."

Statistic 9

"Average unit retail (AUR) in the luxury fashion market rose by 8% in 2021 due to increased consumer demand."

Statistic 10

"The average unit retail price for DIY home improvement products went up by 4% in 2021."

Statistic 11

"The global footwear market average unit retail price increased by 5% in 2021."

Statistic 12

"The average unit retail price for wines sold online rose by 4.5% in 2021."

Statistic 13

"The average unit retail price in the apparel sector in the U.S. increased by 4% in 2021 compared to the previous year."

Statistic 14

"The average unit retail price for eco-friendly products surged by 7% in 2021."

Statistic 15

"The average unit retail for beauty products in the U.S. saw a 5% increase in 2021."

Statistic 16

"Pet care products witnessed a 3.5% rise in average unit retail prices in 2021."

Statistic 17

"Jewelry saw a marked increase of 8% in average unit retail price in 2021."

Statistic 18

"The average unit retail price in the home furniture sector in the U.S. increased by 2.7% in 2021."

Statistic 19

"Gourmet food average unit retail prices increased by 6% in 2021."

Statistic 20

"The average unit retail price for household appliances saw a 3% uptick in 2021."

Overall, the data reveals a consistent trend of increasing average unit retail prices across various sectors in the retail market. Sectors such as sporting goods, consumer electronics, toys, luxury fashion, DIY home improvement, eco-friendly products, and beauty products experienced notable price hikes in 2021, driven by factors like consumer demand, pandemic effects, and rising raw material costs. This uptrend in prices extended to diverse product categories including smartphones, personal computers, construction materials, electric vehicles, groceries, apparel, wines, footwear, pet care products, jewelry, home furniture, gourmet food, and household appliances. The data underscores the broader inflationary pressures affecting retail markets and highlights the importance for businesses and consumers alike to adapt to changing pricing dynamics.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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