eCommerce market in Iran

Iran is the 24th largest market for eCommerce with a predicted revenue of US$15,017.6 million by 2023, placing it ahead of Austria. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 19.2%, resulting in a projected market volume of US$30,345.7 million by 2027. With an expected increase of 35.6% in 2023, the Iranian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Iran, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Iranian eCommerce market. Electronics & Media is the largest market and accounts for 36.2% of the Iranian eCommerce revenue. It is followed by Food & Personal Care with 23.5%, Fashion with 19.3%, Furniture & Appliances with 14.3%, and Toys, Hobby & DIY with the remaining 6.6%.

Market development

eCommerce revenue development in Iran

Iran is the 24th largest market for eCommerce with a predicted revenue of US$15,017.6 million by 2023, placing it ahead of Austria. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 19.2%, resulting in a projected market volume of US$30,345.7 million by 2027. With an expected increase of 35.6% in 2023, the Iranian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Iran, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Iranian eCommerce market. Electronics & Media is the largest market and accounts for 36.2% of the Iranian eCommerce revenue. It is followed by Food & Personal Care with 23.5%, Fashion with 19.3%, Furniture & Appliances with 14.3%, and Toys, Hobby & DIY with the remaining 6.6%.

eCommerce revenue development in Iran

in million US$, in %

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 59.2 78.5 32.3 24.6 55.7 12.1 12.6 75.2
AOV (in US$) 13.4 32.7 13.6 2.7 61.4 60.7 95.5 36.8
CVR (in %) 59.2 78.5 32.3 24.6 55.7 12.1 12.6 75.2
AOV: Average Order Value CVR: Conversion Rate