Electronics market in Chile

The Chilean Electronics eCommerce market is predicted to reach US$2,731.0 million by 2023 and accounts for 30.0% of the total eCommerce market in Chile. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 1.3%, resulting in a projected market volume of US$2,880.0 million by 2027. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

Market development

eCommerce revenue development in the Digital Cameras market in Chile

The Chilean Digital Cameras eCommerce market is predicted to reach US$72.2 million by 2023 and accounts for 33.8% of the Cameras eCommerce market in Chile. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be -7.2%, resulting in a projected market volume of US$53.6 million by 2027. The Digital Cameras eCommerce market is a sub-market of the Cameras market. Further categories within the Cameras market are: Action Cameras, Camera Lenses, and Other Cameras.

eCommerce revenue development in the Digital Cameras market in Chile

in million US$

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

eCommerce revenue growth in the Digital Cameras market in Chile

in %

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

Net eCommerce revenue split by sub-category

in %

Note: Data shown is using current exchange rates.

Source: ECDB analysis

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 32.3 9.0 7.0 57.6 7.9 39.8 42.7 10.8
AOV (in US$) 0.9 0.0 0.8 0.0 0.6 0.1 0.5 0.1
CVR (in %) 2.8 41.8 92.7 92.1 28.7 36.4 30.2 40.2
AOV: Average Order Value CVR: Conversion Rate

Online share

eCommerce online share of the total Digital Cameras market in Chile

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Chilean Digital Cameras retail market, the online share is 42.9% and will increase by an average of 4.7% to 51.5% by 2027.

eCommerce online share of the total Digital Cameras market in Chile

in %

Note: Data shown is using current exchange rates.

Source: Statista Market Insights , ECDB analysis

2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 14.3% 38.2% 37.5% 41.8% 9.0% 88.6% 50.6% 68.6%

Market definition

Definition of the Digital Cameras market within the Electronics market

Market definition: Electronics > Consumer Electronics > Cameras > Digital Cameras The category Digital Cameras includes the online trade of compact digital cameras, slr cameras, mirrorless cameras, and more. This category does not cover lenses (e.g. interchangeable camera lenses, specialty lenses), action cameras (e.g. gopro, dji, insta360) or camera accessories (e.g. camera bags, camera batteries and chargers, tripods, monopods, camera straps). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Compact digital cameras
  • SLR cameras
  • Mirrorless cameras
  • Bridge cameras

Out-of-scope

  • Lenses (e.g. interchangeable camera lenses, specialty lenses)
  • Action cameras (e.g. GoPro, DJI, Insta360)
  • Camera accessories (e.g. Camera Bags, Camera Batteries and Chargers, Tripods, Monopods, Camera Straps)
  • Camera flashes and lighting equipment