Electronics market in Ukraine

The Ukrainian Electronics eCommerce market is predicted to reach US$915.1 million by 2024 and accounts for 20.7% of the total eCommerce market in Ukraine. 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 3.1%, resulting in a projected market volume of US$1,035.5 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

Market development

eCommerce revenue development in the Hifi Equipment market in Ukraine

The Ukrainian Hifi Equipment eCommerce market is predicted to reach US$3.6 million by 2024 and accounts for 7.7% of the Audio eCommerce market in Ukraine. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -4.6%, resulting in a projected market volume of US$3.0 million by 2028. The Hifi Equipment eCommerce market is a sub-market of the Audio market. Further categories within the Audio market are: Headphones, Loudspeakers, and Other Audio.

eCommerce revenue development in the Hifi Equipment market in Ukraine

in million US$

eCommerce revenue growth in the Hifi Equipment market in Ukraine

in %

Net eCommerce revenue split by sub-category

in %
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 %) 60.2 15.6 30.8 31.7 90.2 43.2 77.0 80.2

Online share

eCommerce online share of the total Hifi Equipment market in Ukraine

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 Ukrainian Hifi Equipment retail market, the online share is 14.9% and will decrease by an average of 1.9% to 13.8% by 2028.

eCommerce online share of the total Hifi Equipment market in Ukraine

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 98.0% 55.3% 32.8% 69.6% 14.8% 86.0% 47.2% 89.6%

Market definition

Definition of the Hifi Equipment market within the Electronics market

Market definition: Electronics > Consumer Electronics > Audio > Hifi Equipment The category Hifi Equipment includes the online trade of stereo systems, compact systems, audio home systems, and more. This category does not cover hifi loudspeakers and car hifi. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Stereo systems
  • Compact systems
  • Audio home systems
  • All-in-one-systems
  • Wifi radios
  • Amplifiers
  • Digital-to-analog converters (DACs)
  • Hifi receivers
  • Turntables

Out-of-scope

  • Hifi Loudspeakers
  • Car Hifi