eCommerce market in Uzbekistan
Uzbekistan is the 97th largest market for eCommerce with a predicted revenue of US$302.9 million by 2024, placing it ahead of Tunisia. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 3.4%, resulting in a projected market volume of US$345.8 million by 2028. With an expected increase of 4.4% in 2024, the Uzbekistani eCommerce market contributed to the worldwide growth rate of 10.1% in 2024. Like in Uzbekistan, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Uzbekistani eCommerce market. Hobby & Leisure is the largest market and accounts for 22.9% of the Uzbekistani eCommerce revenue. It is followed by Electronics with 22.5%, Fashion with 18.0%, Furniture & Homeware with 11.7%, Care Products with 8.7%, DIY with 8.1%, and Grocery with the remaining 8.0%.
Market development
eCommerce revenue development in Uzbekistan
Uzbekistan is the 97th largest market for eCommerce with a predicted revenue of US$302.9 million by 2024, placing it ahead of Tunisia. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 3.4%, resulting in a projected market volume of US$345.8 million by 2028. With an expected increase of 4.4% in 2024, the Uzbekistani eCommerce market contributed to the worldwide growth rate of 10.1% in 2024. Like in Uzbekistan, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Uzbekistani eCommerce market. Hobby & Leisure is the largest market and accounts for 22.9% of the Uzbekistani eCommerce revenue. It is followed by Electronics with 22.5%, Fashion with 18.0%, Furniture & Homeware with 11.7%, Care Products with 8.7%, DIY with 8.1%, and Grocery with the remaining 8.0%.
eCommerce revenue development in Uzbekistan
eCommerce revenue growth in Uzbekistan
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 93.6 | 3.2 | 92.6 | 54.2 | 81.3 | 92.1 | 18.8 | 77.1 |
Market comparison
The Uzbekistani eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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