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Etsy Sales Report – December 2023

  • Post published:January 10, 2024
  • Reading time:11 mins read
  • Post category:Etsy Data Insights

Each month we will be publishing on the Koalanda blog a brief report on the Etsy sales of the preceding month. Here is the report for December 2023.

Sales on Etsy in comparison with previous months

After the traditionally robust month for Etsy sellers in November, it’s noteworthy to observe a dip in sales for December on a monthly basis. However, this decline is a mere 10% compared to November. Thus, following the substantial surge of over 50% in November, post this dip, we observe that sales in the last month of the year still surpass values seen in July, August, September, and October. Moreover, December stands as the second-strongest month for sales on Etsy, right after November.

Average Daily Sales on Etsy - July - December 2023

As anticipated and highlighted in our previous report, Etsy buyers were notably active until the middle of the month, with many likely opting for this platform to discover the most unique and personalized gifts for their loved ones. This phenomenon also clarifies the downturn in sales around the holiday season. The days immediately preceding Christmas and on December 25th emerge as the least robust for the platform throughout the entire year.

Daily Sales October - December

Sales on Etsy by category in December

Sales have dipped in 14 out of 15 categories compared to the previous month, with Bath & Beauty being the sole exception. However, the increase in this category during November was one of the smallest, making the current uptick rather modest in that context.

Sales Growth on Etsy by Categoru December 2023

The most noticeable decline in sales during December is seen in stores within the Weddings category, nearly 22%. Significant decreases are also observed in categories like Toys & Games (18%), Pet Supplies (18%), Shoes (17%), and Craft Supplies & Tools (16%).

Sales on Etsy by Category Jul-Dec 2023

It is very useful to compare your results to your competitor shops. With Koalanda’s competitor research tool you can monitor the sales of each individual shop daily! You can see the sales for the last 30 days or 12 months. Analyzing the reasons for their success is a critical step toward improving the quality of your shop. Register for free at https://koalanda.pro/signup to explore Koalanda’s competitor research tools.

Sales on Etsy by country in December

Among the top 10 countries on Etsy, only the sales of stores from Turkey didn’t experience a decline in December compared to November, with a modest growth of 3%. The most notable drop was seen in sales from Australia (24%) and China (22%), followed by the United Kingdom and Canada (16% each).

CountryOctoberNovemberDecember
United States-1.81%52.29%-7.83%
United Kingdom11.80%65.19%-16.50%
Canada2.88%49.11%-16.04%
Germany11.77%46.15%-11.96%
Australia12.71%39.74%-24.63%
China-4.32%25.06%-21.95%
France2.71%42.74%-2.08%
Ukraine3.59%47.02%-11.37%
Turkey11.30%31.10%2.92%
India0.45%17.32%-5.66%
Sales growth compared to the previous month

Digging deeper into the data, it becomes even more intriguing when examining not just the percentages but also the daily sales charts of some countries. For instance, it’s evident that the substantial sales peak in the United States around Black Friday doesn’t mirror in stores from the United Kingdom.

Sales US UK Dec 23

The sales charts from Australia and Canada demonstrate a closer alignment with the overall platform trends over the last 3 months.

Sales Australisa and Canada Dec 23

On a different note, the data from Germany and France presents a unique pattern. In both countries, the highest point (i.e., the peak in daily sales) doesn’t coincide with Black Friday, as observed for the platform and most other countries. Instead, it occurs on December 10th (Sunday). We noted a similar trend in German stores last year. The probable reason is that stores in these countries may not have optimized their listings for Black Friday, considering it’s not as popular in Europe as it is in the United States.

Sales Germany and France Dec 23

Newly opened shops on Etsy in December

In December, a total of 177,745 new stores joined Etsy, a slight dip of just over 30,000 compared to the previous month. It’ll be intriguing to observe whether there will be a notable surge in this figure come January, influenced by the new year’s resolutions and the eagerness to embark on fresh initiatives with the start of the new year.

Top 10 most successful Etsy sellers in December

The 10 shops with the highest number of sales in December were:

RankEtsy ShopMonthly SalesCountryCategory
1CaitlynMinimalist108,278United StatesJewelry
2SilverRainSilver63,011United KingdomJewelry
3PersonalizationMall58,381United StatesHome & Living
4Keptsake43,890United StatesHome & Living
5PersonalizedShed38,521United StatesHome & Living
6TwistStationery36,246United KingdomPaper & Party Supplies
7PetPartyCo29,376United StatesClothing
8ArrowGiftCoLtd29,005United KingdomPaper & Party Supplies
9DesignArtATX28,658CanadaHome & Living
10YourWeddingPlace27,791United StatesHome & Living
Top Shops on Etsy – December 2023

Explore the top-selling and trending Etsy shops for free and without registration with Koalanda. In Koalanda you can browse the most complete catalog of Etsy shops on the internet, updated daily.

Holidays

The most significant holidays of the year are now behind us. While we don’t anticipate a sluggish January, contrary to the prevailing sentiments on social media, there aren’t any holidays that are expected to exert a substantial influence on overall sales. Nevertheless, keep in mind that Valentine’s Day is just around the corner on February 14th. Some sellers may start selecting gifts for their loved ones as early as January, especially considering that personalized products, which often require more time to craft, tend to be the top choice. Reflect on whether any of the products you create could make a fitting gift for a significant other. If you have such products, seize the opportunity to optimize your listings with relevant tags.

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