eCommerce market in Albania
Albania is one of the smaller markets for eCommerce with a predicted revenue of US$273.3 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$365.1 million by 2028. With an expected increase of 13.2% in 2024, the Albanian eCommerce market contributed to the worldwide growth rate of 7.6% 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 26.6% of the Albanian eCommerce revenue. It is followed by Electronics with 20.9%, Fashion with 17.2%, Furniture & Homeware with 11.8%, DIY with 8.9%, Care Products with 8.9%, and Grocery with the remaining 5.6%.
Market development
eCommerce revenue development in Albania
Albania is one of the smaller markets for eCommerce with a predicted revenue of US$273.3 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$365.1 million by 2028. With an expected increase of 13.2% in 2024, the Albanian eCommerce market contributed to the worldwide growth rate of 7.6% in 2024. Like in Albania, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Albanian eCommerce market. Hobby & Leisure is the largest market and accounts for 26.6% of the Albanian eCommerce revenue. It is followed by Electronics with 20.9%, Fashion with 17.2%, Furniture & Homeware with 11.8%, DIY with 8.9%, Care Products with 8.9%, and Grocery with the remaining 5.6%.
eCommerce revenue development in Albania
eCommerce revenue growth in Albania
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 36.4 | 26.8 | 98.3 | 72.5 | 40.1 | 78.2 | 4.2 | 86.6 |
Market comparison
The Albanian eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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