January 26, 2022

GPU Availability and Pricing Replace: December 2021

That is the ultimate version of our GPU pricing replace collection for 2021. It’s been an unbelievable tough 12 months for anybody seeking to improve their graphics card or construct a brand new PC for gaming, with inflated pricing seen all 12 months lengthy (and a number of other months on the finish of 2020 as effectively). For many individuals, this new technology of GPUs has been a little bit of a write off, regardless of the precise {hardware} being fairly good, which makes it doubly disappointing.

Our mission to trace GPU pricing developments and take a look at the present market will proceed in 2022, however for now let’s see what’s been taking place within the closing weeks of 2021, which is often fairly busy due to the vacations. As we stated final month, the expectation is that costs wouldn’t see any main reductions as demand for parts could be fairly excessive throughout this era.

Refreshed GPUs

We additionally had a wierd GPU launch in December. The GeForce RTX 2060 12GB, which was merely pushed out to the market with out a lot fanfare from Nvidia. No overview pattern program, which is often the case with these types of launches and why we haven’t taken a take a look at it but, but additionally apparently there’s not that a lot inventory.

The RTX 2060 12GB was speculated to launch on early December, however even right this moment if we take a look at varied retailers, the cardboard is principally nowhere to be seen. There’s not a list for the GPU on Newegg, regardless of loads of listings for the common 6GB variant. In Australia, PC Case Gear and a number of other different retailers don’t have any, and solely a single mannequin was seen at one retailer, a Zotac mannequin out there at Scorptec. It’s priced at $1050 AUD, which is $250 greater than 6GB fashions promoting on the similar retailer. Different areas are going through the identical state of affairs, the place there is no inventory or little or no of it, however with that sort of pricing, it absolutely will not be drawing in consumers because it’s as costly as some RTX 3060 boards.

Chatting with a few of our trade contacts, the RTX 2060 12GB had a unfastened early December to January launch schedule. The sooner date was extra of an announcement that “hey, you may see some 2060 12GB fashions on cabinets, just a few OEMs have a small batch of them prepared, so simply know they aren’t pretend fashions.” Versus a key product launch, that appears extra widespread availability even when it sells out instantly on day one.

The knowledge we obtained additionally paints an image of a GPU that avid gamers in all probability received’t need to purchase. One trade contact described the RTX 2060 12GB as a “card for mining,” in that its price ticket, recreation efficiency, mining efficiency and reminiscence capability makes extra sense for miners than it does for avid gamers. It’s been arduous to pinpoint an MSRP as Nvidia hasn’t disclosed one, however what we’ve seen from present listings is a GPU that will get fairly near the RTX 3060 regardless of nearly actually performing effectively beneath it. For reference, our information has the RTX 2060 Tremendous about 14% slower than the RTX 3060 on common.

There are extra Nvidia GPU refreshes on the way in which as effectively, with present rumors suggesting an RTX 3070 Ti refresh with 16GB of reminiscence, and an RTX 3080 refresh with 12GB of reminiscence. We’d anticipate to see these newer playing cards round mid to late January on the earliest. After that we’re additionally anticipating the RTX 3090 Ti and the lengthy awaited launch of the RTX 3050 collection for desktops, which have additionally been rumored for some time now. That’d be 4 refreshed Nvidia GPUs within the first few months of 2022, which doesn’t robotically translate into correct availability in any method sadly.

From the Crimson Staff, we’re anticipating new funds oriented GPUs utilizing a brand new Navi 24 die. These ought to arrive within the first few months of 2022 within the type of one thing like an “RX 6500 XT.” Alongside the RTX 3050, this could create a extra aggressive atmosphere for cheaper GPUs, though today a “cheaper” GPU prices like $500, so we’ll must mood our expectations a bit. Each playing cards will in all probability have a $200 to 300 MSRP, however truly set you again ~$500 at retail, which sucks however that’s the present state of issues. Intel Arc GPUs aren’t too distant both.

That’s a quick abstract of what we’re anticipating to occur with GPU launches within the subsequent few months – and perhaps we’ll see some bulletins at CES – now let’s check out the present GPU market and whether or not there’s been any value motion.

The Ethereum Rollercoaster

Cryptocurrency mining continues to be the first purpose for inflated GPU pricing and powerful demand, with clear value fluctuations in GPUs following developments in coin costs or mining profitability. That’s nothing new, we’ve talked in depth about this in earlier pricing updates, and the way provide chain issues have grow to be much less of an element over time.

Within the final month, the worth of Ethereum which is the preferred coin for mining, has dropped by 10% and has been sliding total for a month and a half. Throughout that interval, mining issue has solely elevated barely, and for the previous couple of weeks has principally plateaued, which signifies GPUs aren’t being added to the mining pool at as excessive of a fee as in earlier months. Each of those elements are typically excellent news for avid gamers, and in December they’ve mixed to scale back mining profitability by 10 to twenty p.c relying on the GPU, occurring Whattomine’s newest information.

GPU Pricing Replace

How has this affected used GPU pricing? It’s reasonably attention-grabbing this month because it does depend upon the merchandise we take a look at. Nvidia GPU costs haven’t modified a lot for about six months; there was a noticeable peak in Could associated to a increase in crypto, however since then it’s been comparatively flat as in style cash, mining profitability, and different elements have all fluctuated.

Nvidia GPU Pricing Development 2021

Common Sale Worth of eBay Accomplished Listings, New Merchandise, third Week of Month

For instance, within the final six months the RTX 3070 has peaked at a few $1,230 new on eBay, and has hit $1,100 on the lowest. The RTX 3060 has sat between $690 and $750 throughout that very same interval, so it’s largely been constant. The most important adjustments have been seen with the RTX 3090.

  MSRP eBay Common Worth October eBay Common Worth November eBay Common Worth December Present Worth Inflation Worth Enhance Nov to Dec
GeForce RTX 3090 $1,500 $2,818 $3,107 $2,882 92% -7%
GeForce RTX 3080 Ti $1,200 $1,851 $1,916 $1,968 64% 3%
GeForce RTX 3080 $700 $1,534 $1,584 $1,693 142% 7%
GeForce RTX 3070 Ti $600 $1,151 $1,227 $1,268 111% 3%
GeForce RTX 3070 $500 $1,121 $1,170 $1,099 120% -6%
GeForce RTX 3060 Ti $400 $860 $946 $965 141% 2%
GeForce RTX 3060 $330 $692 $739 $747 126% 1%
        Common 114% 0%

All in all, most present technology Nvidia GPUs stay over double their launch MSRP.

On the AMD entrance, it’s a bit completely different when their present technology line-up. Whereas gross sales volumes are considerably decrease for AMD GPUs on eBay, costs have additionally been extra risky and extra aligned with fluctuations within the crypto market. Take the 6700 XT for instance, AMD’s competitor to the RTX 3070 and one of many highest quantity playing cards out there from Staff Crimson. Within the final six months, its value has sat between $730 and $980, a a lot bigger vary than Nvidia.

AMD GPU Pricing Development 2021

Common Sale Worth of eBay Accomplished Listings, New Merchandise, third Week of Month

However particularly for December, AMD GPUs have barely declined in value by low single digits, for a mean decline of 4%, which isn’t dangerous for the vacation interval. Nvidia GPUs are nonetheless in increased demand than AMD’s and with the vacation rush to purchase {hardware}, that’s anticipated to a point as Nvidia nonetheless holds vital gamer market share and mindshare.

  MSRP eBay Common Worth October eBay Common Worth November eBay Common Worth December Present Worth Inflation Worth Enhance Nov to Dec
Radeon 6900 XT $1,000 $1,493 $1,585 $1,548 55% -2%
Radeon 6800 XT $650 $1,388 $1,524 $1,435 121% -6%
Radeon 6800 $580 $1,254 $1,413 $1,381 138% -2%
Radeon 6700 XT $480 $872 $980 $897 87% -9%
Radeon 6600 XT $380 $621 $689 $664 75% -4%
Radeon 6600 $330 $571 $584 $582 76% 0%
        Common 92% -4%

Used GPU Pricing

The used GPU market has adopted an identical pattern to AMD GPUs this month. The GeForce RTX 20 collection has dropped in value by low single digits, which is one thing, however we aren’t on the lowest costs seen this 12 months, which occurred in July. Nvidia’s previous-gen playing cards are nonetheless priced increased than their launch MSRPs although we’re speaking about used GPUs.

  MSRP eBay Common Worth October eBay Common Worth November eBay Common Worth December Present Worth Inflation Worth Enhance Nov to Dec
GeForce RTX 2080 Ti $1,000 $1,102 $1,182 $1,187 19% 0%
GeForce RTX 2080 Tremendous $700 $786 $841 $820 17% -3%
GeForce RTX 2080 $700 $713 $772 $777 11% 1%
GeForce RTX 2070 Tremendous $500 $722 $768 $737 47% -4%
GeForce RTX 2070 $500 $676 $700 $677 35% -3%
GeForce RTX 2060 Tremendous $400 $657 $732 $688 72% -6%
GeForce RTX 2060 $350 $535 $543 $527 51% -3%
        Common 36% -3%

The GeForce 16 collection has additionally come down in value barely, and I’d expect to see extra motion on this market over the approaching months as these GPUs go from being “present technology” merchandise, to being changed by the RTX 3050 and newer releases. The GTX 1660 Tremendous, for instance, is disgustingly overpriced at $512, nonetheless that form of value inflation is not any completely different to the RTX 30 collection, besides we’re used GPUs, which is a bit loopy.

  MSRP eBay Common Worth October eBay Common Worth November eBay Common Worth December Present Worth Inflation Worth Enhance Nov to Dec
GeForce GTX 1660 Ti $280 $476 $497 $483 73% -3%
GeForce GTX 1660 Tremendous $230 $486 $520 $512 123% -2%
GeForce GTX 1660 $220 $387 $417 $393 79% -6%
GeForce GTX 1650 Tremendous $160 $299 $315 $306 92% -3%
GeForce GTX 1650 $150 $266 $263 $273 82% 4%
        Common 89% -2%

The GeForce 10 collection continues to be bought for roughly their launch MSRPs on the used market. Like the opposite units of used GPUs we’ve checked out up to now, costs have been comparatively flat for just a few months now, though increased than what we noticed in July. Should you did purchase a GPU in mid-2021, you managed to seize a superb deal all issues thought-about.

  MSRP eBay Common Worth October eBay Common Worth November eBay Common Worth December Present Worth Inflation Worth Enhance Nov to Dec
GeForce GTX 1080 Ti $700 $669 $697 $666 -5% -4%
GeForce GTX 1080 $600 $464 $508 $461 -23% -9%
GeForce GTX 1070 Ti $450 $453 $462 $465 3% 1%
GeForce GTX 1070 $380 $380 $416 $403 6% -3%
GeForce GTX 1060 6GB $250 $297 $326 $308 23% -5%
GeForce GTX 1060 3GB $200 $214 $235 $231 16% -2%
        Common 3% -4%

The Radeon RX 5000 collection has been most used with miners as a result of their excessive mining efficiency relative to their product standing within the gaming market. Costs have been considerably inflated on these GPUs for months now, however it’s additionally not a shock to see the biggest fall in pricing this month, because the GPUs with the best demand for mining even have the largest falls in pricing when mining turns into much less worthwhile. The drops right here aren’t insane or something, however a 6% value discount is a pattern in the proper path.

  MSRP eBay Common Worth October eBay Common Worth November eBay Common Worth December Present Worth Inflation Worth Enhance Nov to Dec
Radeon 5700 XT $400 $943 $1,007 $900 125% -11%
Radeon 5700 $350 $817 $920 $868 148% -6%
Radeon 5600 XT $280 $617 $663 $623 122% -6%
Radeon 5500 XT 8GB $200 $408 $442 $428 114% -3%
        Common 127% -6%

Then now we have AMD’s older GPUs which have additionally been extremely in style for miners, with costs falling some 5% on common. Regardless of these value drops, the RX 580 remains to be over $100 dearer than the GTX 1060 6GB, so avid gamers after a decrease finish GPU must be wanting extra in direction of Nvidia’s choices than AMD, no less than for now.

Maintain Calm and Carry On

That does it for this month’s GPU pricing replace. The information are a bit of higher than we have been anticipating as a result of vacation buying season, however that hasn’t materialized to the extent we thought it could. GPUs are nonetheless ridiculously costly, although most graphics playing cards fell in value marginally this month. The exception to this was Nvidia’s current-gen GeForce 30 GPUs, which appear to be taking the brunt of elevated demand and doing so with out a lot motion in pricing.

We will now inform when was the most effective time for purchasing a GPU in 2021, in hindsight, after all. These of you who purchased a brand new graphics card in July acquired the “finest” deal of the 12 months. That was a quick interval when crypto fell sharply after an enormous rise, and miners reacted to this by promoting a few of their {hardware}. Conversely, if you happen to purchased in Could in the course of the crypto increase, you bought among the many worst offers of the 12 months, together with the opening few months of 2021.

As for what occurs in 2022, that is an enormous unknown. Demand from regular clients is often decrease in Q1, however miners are hardly thought-about a part of that group. There must be extra GPUs hitting the market within the coming months, however actually that does not imply we’ll have reasonably priced graphics playing cards once more swiftly.

Additionally of concern are DDR5 reminiscence costs. From what we have been instructed from a number of OEMs, provide is definitely good for DDR5 reminiscence and extra dependable than DDR4 provide — it’s simply that almost all of this reminiscence goes to OEMs and never into retail channels. We suspect DDR5 pricing will return to regular faster than GPUs, consistent with different parts like CPUs and motherboards that are at present promoting for regular costs.

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