eCommerce market in Albania
Albania is one of the smaller markets for eCommerce with a predicted revenue of US$271.5 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 7.5%, resulting in a projected market volume of US$362.5 million by 2028. With an expected increase of 13.2% in 2024, the Albanian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Albania, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Albanian eCommerce market. Hobby & Leisure is the largest market and accounts for 26.8% of the Albanian eCommerce revenue. It is followed by Electronics with 21.0%, Fashion with 17.3%, Furniture & Homeware with 11.9%, DIY with 9.0%, Care Products with 8.4%, and Grocery with the remaining 5.7%.
Market development
eCommerce revenue development in Albania
Albania is one of the smaller markets for eCommerce with a predicted revenue of US$271.5 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 7.5%, resulting in a projected market volume of US$362.5 million by 2028. With an expected increase of 13.2% in 2024, the Albanian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Albania, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Albanian eCommerce market. Hobby & Leisure is the largest market and accounts for 26.8% of the Albanian eCommerce revenue. It is followed by Electronics with 21.0%, Fashion with 17.3%, Furniture & Homeware with 11.9%, DIY with 9.0%, Care Products with 8.4%, and Grocery with the remaining 5.7%.
eCommerce revenue development in Albania
eCommerce revenue growth in Albania
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 86.8 | 77.2 | 59.2 | 9.1 | 93.8 | 14.4 | 96.2 | 46.7 |
Market comparison
The Albanian eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select main category