eCommerce market in Egypt
Market development
eCommerce revenue development in Egypt
Egypt is the 53rd largest market for eCommerce with a predicted revenue of US$2,533.2 million by 2024, placing it ahead of Sri Lanka. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 13.3%, resulting in a projected market volume of US$4,167.7 million by 2028. With an expected increase of 17.5% in 2024, the Egyptian eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Egypt, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Egyptian eCommerce market. Hobby & Leisure is the largest market and accounts for 25.4% of the Egyptian eCommerce revenue. It is followed by Electronics with 21.6%, Fashion with 17.3%, Furniture & Homeware with 11.8%, Care Products with 9.1%, DIY with 8.4%, and Grocery with the remaining 6.4%.
eCommerce revenue development in Egypt
eCommerce revenue growth in Egypt
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 21.5 | 87.7 | 18.7 | 95.9 | 45.1 | 41.8 | 65.5 | 15.8 |
Top stores
Top five online stores in Egypt by net sales 2023
The biggest player in the Egyptian eCommerce market is amazon.eg. The store had a revenue of US$212.2 million in 2023. Store rankings include every store that generates revenue in Egypt. These stores can either have a national focus and only sell in their main country or operate on a global scale. For this evaluation, only revenue created in Egypt was considered.
eCommerce net sales generated in Egypt in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 0.0% | |
US$550.0m 12.0% | US$4,600.0m | 0.0% | |
US$470.0m 3.9% | US$1,190.0m | 0.0% | |
US$430.0m 20.6% | US$2,122.0m | 0.0% | |
US$370.0m 20.7% | US$1,814.0m | 0.0% |
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