DIY market in Equatorial Guinea

The Equatorial Guinean DIY eCommerce market is predicted to reach US$3.8 million by 2024 and accounts for 7.9% of the total eCommerce market in Equatorial Guinea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 5.1%, resulting in a projected market volume of US$4.7 million by 2028. Within the DIY market ECDB considers the following three sub-markets: Tools & Construction Supplies, Vehicle Parts, and Garden.

Market development

eCommerce revenue development in the Barbecues market in Equatorial Guinea

The Equatorial Guinean Barbecues eCommerce market is predicted to reach US$0.3 million by 2024 and accounts for 42.5% of the Garden eCommerce market in Equatorial Guinea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 2.8%, resulting in a projected market volume of US$0.3 million by 2028. The Barbecues eCommerce market is a sub-market of the Garden market. Further categories within the Garden market are: Gardening Accessories, Other Garden, and Plants & Seeds.

eCommerce revenue development in the Barbecues market in Equatorial Guinea

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 Barbecues market in Equatorial Guinea

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

20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)49.593.980.962.998.333.70.597.6

Online share

eCommerce online share of the total Barbecues market in Equatorial Guinea

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 Equatorial Guinean Barbecues retail market, the online share is 1.0% and will increase by an average of 2.3% to 1.1% by 2028.

eCommerce online share of the total Barbecues market in Equatorial Guinea

in %

Note: Data shown is using current exchange rates.

Source: Statista Market Insights , ECDB analysis

20202021202220232024202520262027
Online share (in %)33.6%96.9%71.8%58.8%14.9%46.0%79.0%8.2%

Market definition

Definition of the Barbecues market within the DIY market

Market definition: DIY > Garden > Barbecues The category Barbecues includes the online trade of barbecue grills and smokers (e.g. charcoal grills, gas grills, pellet grills, electric grills), grilling accessories (e.g. spatulas, tongs, grill brushes and outdoor ovens. This category does not cover outdoor furniture and barbecue food, barbecue sauces and marinades. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Barbecue grills and smokers (e.g. charcoal grills, gas grills, pellet grills, electric grills)
  • Grilling accessories (e.g. spatulas, tongs, grill brushes
  • Outdoor ovens

Out-of-scope

  • Outdoor furniture
  • Barbecue food, barbecue sauces and marinades

Market comparison

The Equatorial Guinean Barbecues market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %

Source: ECDB analysis

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