Low prices for SSDs remain last year

Low prices for SSDs remain last year

The past year was unsuccessful for SSD manufacturers, but useful for their customers: prices for solid-state drives reached minimum values. However, by the end of the year they began to grow, and over the past few weeks they have jumped up noticeably. True, we have not yet managed to rise to the level of the beginning of last year, draws attention TechSpot — the publication compared SSD prices as of January, July and December 2023 and January 2024.

SSD price fluctuations are explained by the relationship between supply and demand. When workers began to return to offices with the end of the pandemic and demand for computers fell, NAND manufacturers had an excess of chips, which led to their reduction in price, and then to a reduction in production. Now demand is recovering – for example, some modern games run only on SSDs.

  Here and below, source of images: techspot.com

Here and below, source of images: techspot.com

In the 500 GB segment, the fastest of the models reviewed was the SK hynix P41 Platinum drive: a year ago it cost $105, by December it dropped to $61, and now sells for $75. The Samsung 970 Evo Plus, the best offer for systems with PCIe 3.0 support, sank the most in relative terms; it met the beginning of 2023 with a price tag of $70, in the summer the price fell by half to $35 (in some places even to $25), and now it has jumped to $60. The Crucial MX500 stood out, which in January 2023 was sold for $45, spent most of the year at $35, and has now risen to $50, that is, it has risen in price year on year.

The greatest dynamics in the 1-TB SSD category was again demonstrated by the most expensive of the reviewed models – the Samsung 990 Pro, which at the beginning of last year cost $170, dropped to $70 by July (in some places up to $60), and now costs $110. The smallest price differences were observed for the external Samsung T7 Shield, which at the beginning of 2023 cost $100, spent almost the entire year in the range from $75 to $90, and has now returned to its $100. The WD_Black SN770 drive, an inexpensive option for gaming systems with PCIe 4.0, cost $90 at the beginning of last year, stayed around $50 for several months (dropped to $43), and now costs about $75.

In the 2 TB SSD segment, the most expensive models lost the most. The Samsung 990 Pro sold for $300 in January 2023, for several months its price tag was about half that amount (and even $120 on Black Friday), and in the last month it has fluctuated around $155–$185. The external Samsung T7 Shield, which in January last year was sold for $170, fell in the summer to $125 and even $100, and has now returned to the same $170, feels the best again. Most of the other models reviewed did not make up the initial price.

The trend seems obvious: SSDs have set a course for rising prices, and they are not limited by individual models or capacity. For this reason, TechSpot does not recommend choosing models that would otherwise not be considered, such as drives with slower and less durable QLC memory chips. Those who expect to need an SSD in the near future are advised to purchase one now, especially if they have the opportunity to buy a drive at an attractive price. If there is no urgent need, there is no point in purchasing a solid-state drive in advance just because SSDs have not yet become much more expensive: yes, prices will rise, but as production increases and new technologies appear, they will also decrease over time. And for long-term storage of large amounts of data, photos and videos, HDDs are still the best option.


About the author

Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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