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 Digital Cameras market in Paraguay
The Paraguayan Digital Cameras eCommerce market is predicted to reach US$6.0 million by 2023 and accounts for 34.9% 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 -5.9%, resulting in a projected market volume of US$4.7 million by 2027. The Digital Cameras eCommerce market is a sub-market of the Cameras market. Further categories within the Cameras market are: Action Cameras, Camera Lenses, and Other Cameras.
eCommerce revenue development in the Digital Cameras market in Paraguay
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Digital Cameras market in Paraguay
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 43.2 | 11.0 | 69.4 | 0.1 | 5.8 | 83.3 | 86.5 | 77.7 |
| AOV (in US$) | 4.5 | 71.3 | 9.7 | 99.5 | 44.1 | 72.9 | 26.7 | 73.4 |
| CVR (in %) | 43.2 | 11.0 | 69.4 | 0.1 | 5.8 | 83.3 | 86.5 | 77.7 |
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
Select sub-category