eCommerce market in Ivory Coast
Ivory Coast is one of the smaller markets for eCommerce with a predicted revenue of US$544.1 million by 2023. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 11.8%, resulting in a projected market volume of US$851.3 million by 2027. With an expected increase of 13.8% in 2023, the Ivorian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Ivory Coast, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Ivorian eCommerce market. Food & Personal Care is the largest market and accounts for 38.0% of the Ivorian eCommerce revenue. It is followed by Fashion with 20.3%, Electronics & Media with 19.3%, Furniture & Appliances with 13.7%, and Toys, Hobby & DIY with the remaining 8.7%.
Market development
eCommerce revenue development in Ivory Coast
Ivory Coast is one of the smaller markets for eCommerce with a predicted revenue of US$544.1 million by 2023. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 11.8%, resulting in a projected market volume of US$851.3 million by 2027. With an expected increase of 13.8% in 2023, the Ivorian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Ivory Coast, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Ivorian eCommerce market. Food & Personal Care is the largest market and accounts for 38.0% of the Ivorian eCommerce revenue. It is followed by Fashion with 20.3%, Electronics & Media with 19.3%, Furniture & Appliances with 13.7%, and Toys, Hobby & DIY with the remaining 8.7%.
eCommerce revenue development in Ivory Coast
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 53.8 | 18.9 | 12.0 | 66.8 | 95.9 | 59.7 | 65.3 | 98.4 |
AOV (in US$) | 25.0 | 79.2 | 53.2 | 8.8 | 40.1 | 18.0 | 53.6 | 31.9 |
CVR (in %) | 53.8 | 18.9 | 12.0 | 66.8 | 95.9 | 59.7 | 65.3 | 98.4 |
Select main market