eCommerce market in Albania
Market development
eCommerce revenue development in Albania
Albania is the 99th largest market for eCommerce with a predicted revenue of US$294.8 million by 2024, placing it ahead of Mongolia. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 7.7%, resulting in a projected market volume of US$396.8 million by 2028. With an expected increase of 9.6% in 2024, the Albanian eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Albania, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Albanian eCommerce market. Hobby & Leisure is the largest market and accounts for 26.7% of the Albanian eCommerce revenue. It is followed by Electronics with 20.6%, Fashion with 17.0%, Furniture & Homeware with 11.7%, Care Products with 9.4%, DIY with 8.9%, and Grocery with the remaining 5.7%.
eCommerce revenue development in Albania
eCommerce revenue growth in Albania
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 82.5 | 22.4 | 78.8 | 12.2 | 46.1 | 36.6 | 9.6 | 80.5 |
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