Gaming

The average price of Graphics Cards Doubled between 2020 and 2023

Geeknetic The average price of Graphics Cards Doubled between 2020 and 2023 1

These are bad times for PC enthusiasts. For various reasons ranging from cryptomining fever to component shortages and lack of stock, through world conflicts and other eventualities, the prices of all kinds of components have risen to levels that we would not have imagined just five years ago.

Graphics cards have been one of the components where we have seen this situation the most, the lack of stock that occurred just two years ago, added to the rise of GPU cryptocurrency mining, among other things, caused prices to skyrocket and out of existence. Impossible to acquire a card for the advertised price. For example, the NVIDIA GeForce RTX 30, despite having lower launch prices than the RTX 20, they actually multiplied their price due to this situation. And the new models like the RTX 40 and Radeon RX 7000, despite the fact that the situation has eased, they were launched directly with prices much higher than usual.

According to data from the online store mindfactory.de in Germany, which have compiled on reddit, the average price of graphics cards sold in February 2020 doubled this February 2023that’s a 100% increase in 3 years.

Average GPUS Prices (Mindfactory.de)
Average Price Feb 2020 Median Income Feb 2020 Average Price Feb 2023 Median Income Feb 2023
AMD €295.25 €442,870 600.3 Euros (+103%) 1,026,046 (+130%)
NVIDIA €426.59 €1,026,046 825.2 Euros(+93.5%) 1,844,323 (+115.5%)

For example, the average price of AMD graphics sold in February 2020 was 295.25 euros, and this month the average price is 600 euros. On the part of NVIDIA, the average price was 427 euros and is currently 825 euros. AMD increased its revenue by 130%, while NVIDIA did by 116%.

This average price increase is due to what we have mentioned, but now that the lack of stock should no longer be a problem, the CPI increases suffered by most of the countries are added since, after all, companies are looking to make as much money as possible, and as long as graphics cards sell at these prices, they have no reason to lower them.

It must be taken into account that this is the data of a specific store, known for providing sales data for its products, and not data that takes into account the prices of all the graphics sold in different countries, but it does tell us Let us get an idea of ​​the current situation of the graphics card market.

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