eCommerce market in Kyrgyzstan
Kyrgyzstan is the 89th largest market for eCommerce with a predicted revenue of US$457.8 million by 2024, placing it ahead of Cameroon. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 13.0%, resulting in a projected market volume of US$745.5 million by 2028. With an expected increase of 13.8% in 2024, the Kyrgyzstani eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Kyrgyzstan, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Kyrgyzstani eCommerce market. Electronics is the largest market and accounts for 23.0% of the Kyrgyzstani eCommerce revenue. It is followed by Hobby & Leisure with 21.8%, Fashion with 18.4%, Furniture & Homeware with 11.7%, Grocery with 8.6%, Care Products with 8.5%, and DIY with the remaining 7.9%.
Market development
eCommerce revenue development in Kyrgyzstan
Kyrgyzstan is the 89th largest market for eCommerce with a predicted revenue of US$457.8 million by 2024, placing it ahead of Cameroon. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 13.0%, resulting in a projected market volume of US$745.5 million by 2028. With an expected increase of 13.8% in 2024, the Kyrgyzstani eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Kyrgyzstan, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Kyrgyzstani eCommerce market. Electronics is the largest market and accounts for 23.0% of the Kyrgyzstani eCommerce revenue. It is followed by Hobby & Leisure with 21.8%, Fashion with 18.4%, Furniture & Homeware with 11.7%, Grocery with 8.6%, Care Products with 8.5%, and DIY with the remaining 7.9%.
eCommerce revenue development in Kyrgyzstan
eCommerce revenue growth in Kyrgyzstan
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 95.1 | 62.3 | 18.5 | 7.2 | 82.5 | 56.7 | 75.5 | 82.0 |
Market comparison
The Kyrgyzstani eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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