Insights to help you identify new e-auction strategies and opportunities for your business.
Q3 2026 9.03% achieved savings, up from 7.84% in Q2 2026, and moved above the rolling five quarter average of 8.93% for the first time this year. Although auction growth eased by 16%, compared to 38.39% in the previous quarter, procurement teams still achieved strong savings through the value of eAuctions.
Q2 2026 experienced a further decrease to 7.84%, moving from 8.79% reported in Q1 2026, however, this was accompanied by a notable rebound in auction growth of 38.39%, a sharp reversal from the declines recorded in the two preceding quarters.
Q1 2026 delivered an average of 8.79% savings across all categories, compared to 10.36% in Q1 2025. While this reflects a year-on-year decrease, the result aligns with a stable and consistent savings trend seen over the past five quarters.
Q4 2025 reflected eAuction savings maintaining consistent performance with the average savings rate slightly moderating to 9.16% from 9.83% reported in Q3 2025.
Q3 2025 highlighted that eAuction savings remain stable and consistent, with the average savings rate increasing to 9.83%, following the 9.38% savings reported in Q2 2025.
Q2 2025 marked a slight contraction in eAuction savings performance, with the average savings rate decreasing to 9.38%, down from 10.36% in Q1 2025 and 10.09% in Q2 2024.
Q1 2025 marked a rebound in eAuction savings performance, with the average savings rate increasing to 10.36%, up from 7.63% in Q4 2024 and 9.25% in Q1 of the previous year.
2025 saw procurement teams turning to eAuctions to control costs and keep supply chains strong during a year shaped by trade tensions and global uncertainty. Discover key findings in our annual report.
2024 showcased a year defined by stability and strategic growth across regions, underscoring the importance of eAuctions as a key solution for enhancing resilience and efficiency in global supply chains.
2023 was marked by significant economic and geopolitical challenges, yet procurement professionals leveraged eAuctions to drive remarkable improvements in cost management.
2022 was a challenging year for most procurement professionals. Geopolitical events changed the foundation of sourcing efficiencies.
2021 saw extreme market conditions and a world slowly emerging from pandemic lockdowns in H2, where global GDP, as well as inflation, began to rise as again.
2020 was a year of record-breaking quarters intertwined with a significant amount of variance in savings, up to 17.99% in Q2.
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Q4 2024 marked a shift in eAuction savings performance, with the average savings rate decreasing to 7.63%, down from 19.56% in Q3 and 10.02% in Q4 of 2023.
Q3 shows elevated savings performance, with average savings increased to 19.56%, up from 10.09% in Q2 2024 and 10.42% in Q3 2023.
The second quarter of 2024 concluded with a slightly higher average savings when compared to Q1 and ended at 10.09%.
As Q1 concluded, Scanmarket by Unit4 reported a savings rate of 9.25%, reaffirming the buyers’ embrace of eAuctions to counter inflationary pressures and secure better category prices.
As 2023 came to a close, we observed another robust quarter wrapping up. Q4 concluded with a savings rate of 10.02%, marking the fourth consecutive quarter in 2023 with over 10% average savings through the use of eAuctions across all categories.
Yet another strong quarter of eAuction savings has been delivered in Q3. The average savings across all categories reached 10.42%, coming from 11.32% in Q2. As 2023 comes to a close with only one quarter left, savings thus far are trending toward another record year.
Echoing the impressive savings figure of the previous quarter, Q2 2023 presented a staggering 11.32% in average savings, moving just slightly higher than that of Q1’s 11.31%.
Despite the many unknowns that had to be incorporated into negotiations, eAuctions by Scanmarket in Q1 of 2023 reported a significant increase in average savings.
Despite the negative economic sentiment, e-auctions by Scanmarket in Q4 of 2022 reported a significant increase in average savings.
The third quarter of 2022 has seen a grinding continuation of global macroeconomic challenges.
On a top 10 category by category basis, Q2 of 2022 has been the most positive data set since before the surge in global commodity prices in 2020.
Despite global challenges, the news for Q1 of 2022 is good overall and we've seen a surge in e-auction growth.
Savings in Q4 of 2021 were heavily impacted by the ongoing effects of hyper-inflation across major worldwide economies, but overall savings remained positive.
The third quarter of 2021 delivered a selection of great savings with Services being the most popular category conducting e-auctions.
Data from Scanmarket users around the world have painted a picture of a seller’s marketplace with demand quickly outstripping supply in certain areas.
Q1 has seen significant price increases in many key commodity areas globally. Savings of 8.10% vs current price masks a great deal of cost mitigation.