Global E-Commerce Forecast 2022 for Mexico and Latin America
Publish Time: 2022-09-21 Origin: Site
According to the Global Ecommerce Growth Forecast 2022 report published by eMarketer | Insider Intelligence, Latin American and Southeast Asian countries will account for the majority of the 10 fastest growing e-commerce countries in 2022. The United States came in last, becoming the only advanced economy to make the list. Brazil ranks fourth, with e-commerce expected to grow by 22.2%, the report said. Argentina ranks sixth, with a projected growth rate of 18.6%. Mexico is also in the top 10, ranking ninth with a projected growth rate of 18%.
TOP 10 Countries, Ranked by Retail Ecommerce Sales Growth, 2022
Retail Ecommerce Sales Growth Worldwide, by Region, 2022
Source: eMarketer
• Latin America: In 2022, this region will rank second in the world in terms of e-commerce sales growth. In the future, when the growth rate of global e-commerce is relatively slow, the region can also maintain its development momentum and rank in the front row. Latin America: This region will rank second in the global e-commerce sales growth rate. In 2022, the region's e-commerce growth rate will face a sharp drop, putting the region almost in the first place. This year, the region's growth is expected to drop by 15 percentage points, but it is still well ahead of most other regions.
• North America: The growth rate of e-commerce in the US is surprisingly resilient. A smaller decline in economic growth is expected in the coming years.
• Middle East and Africa: The market in many countries is still in the early stage, so its high growth phase will surpass the epidemic era in the future.
• Western Europe: e-commerce growth in this region will reach 6.1% this year, the lowest growth rate on record and the first single-digit growth rate in any region today. E-commerce growth rates in most Western European countries hit record highs in 2020. And 2021 is also a year of unusually high development for the industry. The region is expected to see a significant recovery in growth momentum in 2022.
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