Electronics market in Paraguay
The Paraguayan Electronics eCommerce market is predicted to reach US$247.4 million by 2023 and accounts for 28.8% of the total eCommerce market in Paraguay. 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 2.8%, resulting in a projected market volume of US$275.9 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 Action Cameras market in Paraguay
The Paraguayan Action Cameras eCommerce market is predicted to reach US$1.5 million by 2023 and accounts for 8.9% of the Cameras eCommerce market in Paraguay. 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 -9.9%, resulting in a projected market volume of US$1.0 million by 2027. The Action Cameras eCommerce market is a sub-market of the Cameras market. Further categories within the Cameras market are: Camera Lenses, Digital Cameras, and Other Cameras.
eCommerce revenue development in the Action Cameras market in Paraguay
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Action Cameras market in Paraguay
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 35.2 | 16.7 | 33.9 | 52.3 | 44.5 | 96.1 | 36.0 | 43.2 |
| AOV (in US$) | 31.7 | 27.2 | 74.6 | 50.8 | 29.5 | 94.2 | 12.0 | 2.4 |
| CVR (in %) | 35.2 | 16.7 | 33.9 | 52.3 | 44.5 | 96.1 | 36.0 | 43.2 |
Market definition
Definition of the Action Cameras market within the Electronics market
Market definition: Electronics > Consumer Electronics > Cameras > Action Cameras The category Action Cameras includes the online trade of action cameras (e.g. GoPro, DJI, Insta360). This category does not cover digital cameras, other cameras (e.g. analog cameras, instant cameras, film cameras) or action camera accessories (e.g. mounts and adhesive pads, protective cases and housings, camera straps and harnesses). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Action cameras (e.g. GoPro, DJI, Insta360)
Out-of-scope
- Digital cameras
- Other cameras (e.g. analog cameras, instant cameras, film cameras)
- Action camera accessories (e.g. mounts and adhesive pads, protective cases and housings, camera straps and harnesses)
Select sub-category