eCommerce market in Turkmenistan
Market development
eCommerce revenue development in Turkmenistan
Turkmenistan is one of the smaller markets for eCommerce with a predicted revenue of US$248.9 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 11.7%, resulting in a projected market volume of US$387.0 million by 2028. With an expected increase of 14.1% in 2024, the Turkmen eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Turkmenistan, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Turkmen eCommerce market. Hobby & Leisure is the largest market and accounts for 23.2% of the Turkmen eCommerce revenue. It is followed by Electronics with 22.4%, Fashion with 17.9%, Furniture & Homeware with 11.8%, Care Products with 8.8%, DIY with 8.1%, and Grocery with the remaining 7.9%.
eCommerce revenue development in Turkmenistan
eCommerce revenue growth in Turkmenistan
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 10.4 | 74.5 | 79.8 | 49.4 | 4.3 | 29.3 | 17.0 | 69.3 |
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