About 15 000 reports

Restrictions with a corresponding national lockdown were imposed swiftly in March 2020 when the country reported its first COVID-19 death. The Guatemalan government’s measures to curb the spread of the virus were very restrictive until July 2020. Many malls and businesses were closed during this period, and consumers’ mobility contracted to...

  • Retail
  • Guatemala
  • Smartphone Penetration
  • Online Retail Sales

The Uzbeki economy had been growing strongly prior to the pandemic, as the government’s liberalisation policies led to increased foreign investment and a diversifying economy, supported by a young population. The economy also looked set to recover quickly from the disruption caused by COVID-19. Retailing in Uzbekistan report offers...

  • Retail
  • Uzbekistan
  • Retail Revenue
  • Online Expenditure

The COVID-19 pandemic had a markedly divergent impact on channels across retailing in 2020. Grocery retailers maintained strong current value sales growth, benefiting from stockpiling that led to a surge in demand in early-2020 amid the global pandemic for grocery retailers. Retailing in Pakistan report offers insight into key trends...

  • Retail
  • Pakistan
  • Retail Revenue
  • Online Retail Sales

Retailing in Georgia

1750 2100 1375

In 2021, as society opened, and COVID-19 infections fell, consumers began spending again and updating their wardrobes, as they socialised again. As a result, current value sales in retailing grew after a decline in the previous year. The Georgian economy is quite dependent on the money spent by foreign visitors, which had been absent during...

  • Retail
  • Georgia
  • Online Retail Sales
  • Footwear Import

Retailing in Estonia

1750 2100 1375

Broadly speaking, the country’s economy emerged from the pandemic in a far better condition than anticipated. Most consumers have not experienced significant financial problems and the country’s GDP rebounded quickly in 2021. Retailing in Estonia report offers insight into key trends and developments driving the industry. The report...

  • Retail
  • Estonia
  • Online Retail Sales
  • Retail Revenue

Retailing in Serbia

1750 2100 1375

Growth in value sales in retailing was slightly lower in 2021 than in 2020, as consumers felt their finances being squeezed due to the fallout of the pandemic and there was also inflationary pressure. All the same, certain retailers performed better than others. For instance, though growth was lower than in 2020, e-commerce and mobile e-commerce...

  • Retail
  • Serbia
  • Mobile Payment Adoption
  • Online Expenditure

Lockdown as a result of the pandemic negatively affected most areas of retailing at the end of the review period. Mandated to close during the national lockdown retailers were hard hit. Furthermore, economic uncertainty and declining consumer disposable incomes led consumers to become more budget conscious, limiting their spending to essential...

  • Retail
  • Lithuania
  • Online Retail Sales
  • Retail Revenue

Retailing in Bolivia

1750 2100 1375

The pandemic continued to shape purchasing behaviour among Bolivians in 2021. The impact of the crisis on the economy has been harsh; the year began in recession with GDP shrinking by an estimated -8% y-o-y. This has seen consumer price sensitivity sharpen, the adoption of more cautious buying behaviour, and a widespread search for lower prices,...

  • Retail
  • Bolivia
  • Online Expenditure
  • Disposable Income

Retailing as a whole benefitted from the easing of COVID-19 restrictions in 2021, with healthy current value growth, following from a slight decline in value sales in 2020. The economic recovery from the pandemic played a key role in boosting value sales, as did an element of pent-up spending, as consumers splurged on items such as beauty...

  • Retail
  • Slovenia
  • Mobile Payment Adoption
  • Online Expenditure

The initial impact of the pandemic that was characterised by uncertainty, and pushed consumers to stay at home and buy in bulk, is fading. Consumers are more aware of the safety measures needed to avoid COVID-19 contagion, and even though complete vaccination of the population is far from achieved, consumers are once more going out and returning...

  • Retail
  • Costa Rica
  • Online Retail Sales
  • Retail Revenue

Retailing in Australia has witnessed significant shifts in recent years, as the inevitable advance of e-commerce has changed the way consumers shop for various products. Nevertheless, nothing in the modern evolution of the industry compares to the disruption caused by the emergence of the pandemic. However, unlike many other developed markets,...

  • Retail
  • Australia
  • Online Retail Sales
  • Vaccination Coverage

Retailing in Angola

1750 2100 1375

Consumer shopping habits still favour traditional and informal retailing in Angola. Retailing was hit hard by the COVID-19 pandemic, with the economy suffering. However, with a recovering economy expected in the forecast period and the government focus on structural reforms, the outlook for modern retailing is positive. Moreover, young adults...

  • Retail
  • Angola
  • Online Retail Sales
  • Online Expenditure

Retailing in Latvia

1750 2100 1375

Retailing has seen recovery in 2021, as the government response to the pandemic has seen the economy begin to reopen and consumers resume pre-pandemic habits. The relaxation of lockdown measures, including restrictions on store opening, as well as improving vaccination numbers and infection rates are helping restore consumer confidence, and...

  • Retail
  • Latvia
  • Disposable Income
  • Retail Revenue

Overall, retailing in Azerbaijan continued to see positive retail current value growth in 2021. Indeed, the overall growth was slightly higher than over 2020, as many non-essential retailers reopened as the threat of Coronavirus (COVID-19) and related measures to stem the spread of the virus eased. Nonetheless, the pandemic continued to exert...

  • Retail
  • Azerbaijan
  • Non-Cash Payments
  • Retail Revenue

Retailing in Myanmar

1750 2100 1375

Retailing in Myanmar has been negatively impacted by the ongoing political crisis and the COVID-19 pandemic. Compared to 2020, new retail outlet openings slowed down significantly across the country in 2021 while some outlets closed down altogether as they were unable to cope with decreasing revenues and increasing expenses (such as rent)....

  • Retail
  • Myanmar
  • Online Retail Sales
  • Disposable Income

While retailing registered an increase in current value sales in 2021, constant value sales actually fell. The pandemic continued to dampen value sales in 2021 for several reasons. Firstly, consumers were price sensitive, as the economic fallout of the pandemic affected consumer purchasing power. In addition, there was still restrictions in...

  • Retail
  • Dominican Republic
  • Retail Revenue
  • Online Retail Sales

In 2021 retailing in Sri Lanka returned to positive growth after two years of decline. The bombing of April 2019 and general uncertainty linked to the elections followed by the onset of the pandemic in 2020 and government measures imposed to control its spread created an unstable environment and a reduction in consumer confidence and spending...

  • Retail
  • Sri Lanka
  • Online Retail Sales
  • High Net Worth Individuals Number

Rising incomes and urbanisation are broadening the appeal of modern retailing, with more consumers able to access these channels. However, informal retailing remains strong, while poor infrastructure hinders retailing development. Younger consumers increasingly search online, benefiting e-commerce and social media marketing. Growth will benefit...

  • Retail
  • Tanzania
  • Online Retail Sales
  • High Net Worth Individuals Number

After a major slowdown in value growth in 2020 when major retailers (particularly those operating within large shopping malls) were disrupted, growth accelerated in 2021 to record double-digit value growth. There were no significant lockdowns in this year and, with COVID-19 having less impact on the country, economic conditions improved, leading...

  • Retail
  • Macedonia
  • Online Retail Sales
  • Online Expenditure

Retailing in Algeria

1750 2100 1375

In 2020, the COVID-19 pandemic had a severe impact on retailing in Algeria. Firstly, the Algerian economy was hit by a double whammy in 2020 – COVID-19 and plummeting oil prices. Algeria is highly dependent on oil exports and this led to a devaluation of the dinar and a general increase in inflation. This in turn led to lower disposable incomes...

  • Retail
  • Algeria
  • Disposable Income
  • Retail Revenue

Retailing in Bosnia and Herzegovina remained affected by the political and economic situation in the country. Bosnia and Herzegovina ended 2021 in its biggest crisis since the Balkan Wars, 2022 is awaited with great uncertainty. Bosnia and Herzegovina is deeply divided and facing the biggest political crisis since the signing of the Dayton...

  • Retail
  • Bosnia and Herzegovina
  • Retail Revenue
  • Online Retail Sales

Retailing in Kenya

1750 2100 1375

Lockdown measures and restrictions on movement disrupted economic activity in Kenya in 2020 resulting in increased unemployment and a reduction in the disposable income of many households. This led many consumers to reduce their discretionary spending. The sales of grocery retailers fell, as many consumers cut back on non-essential purchases. Retailing...

  • Retail
  • Kenya
  • Non-Cash Payments
  • Disposable Income

After the slowdown in 2020, value sales in retailing in Kazakhstan returned to double-digit growth in 2021. This was facilitated by the easing of COVID-19 restrictions, including the removal of the quarantine, which allowed people to freely visit and make purchases in both grocery and non-grocery channels. Grocery retailers are showing strong...

  • Retail
  • Kazakhstan
  • Retail Revenue
  • Disposable Income

Retailing in Tunisia

1750 2100 1375

COVID-19 continued to have an impact on the performance of retailing in Tunisia in 2021, especially during the first half of the year. With restrictions on movement and curfews being applied from January to July 2021, people were forced to stay at home and tended to consume more grocery products, with this continuing to drive healthy growth...

  • Retail
  • Tunisia
  • Online Retail Sales
  • Retail Revenue

Retailing in Ecuador

1750 2100 1375

Following a steep contraction in 2020, retailing in Ecuador showed an impressive return to growth in total current value sales in 2021. The turnaround of the market was underpinned by the easing of the COVID-19 pandemic, which was in turn made possible by the success of the new government led by President Guillermo Lasso – who took office...

  • E-Commerce
  • Grocery Store
  • Ecuador
  • Online Retail Sales
  • Online Expenditure

Retailing in Uruguay

1750 2100 1375

With the economy opening up in 2021 after the upheaval caused by the pandemic in 2020, retailing registered an increase in current value sales. However, its constant value growth was less, as inflation hit volume sales. Retailing in Uruguay report offers insight into key trends and developments driving the industry. The report examines...

  • Retail
  • Uruguay
  • Online Retail Sales
  • Online Expenditure

Retailing in 2021: The big picture Retailing in Honduras report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing...

  • Retail
  • Honduras
  • Online Expenditure
  • Disposable Income

Retailing in Laos

1750 2100 1375

Retailing grew steadily in 2021 as the pandemic receded in the second half of the year and lifestyles slowly normalised. However, Laos’ retailing industry remains underdeveloped, with informal retailing dominant especially given the recent drop in disposable incomes, which also stimulated cross-border shopping. Traditional retailers dominate...

  • Retail
  • Laos
  • Disposable Income
  • Online Retail Sales

Retailing in 2021: The big picture Retailing in El Salvador report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing...

  • Grocery Store
  • El Salvador
  • Remittances
  • Online Expenditure

Retailing in Jordan

1750 2100 1375

In 2021 retailing sales in general have started to recover from the COVID-19 pandemic. As restrictions come to an end and consumers return to work, the economy is showing signs of recovery that will benefit private consumption and consumer confidence. A much more positive performance in retailing is thus expected over the forecast period. Retailing...

  • Retail
  • Jordan
  • Disposable Income
  • Online Retail Sales