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Ecommerce in Belgium was price 11.7 billion euros in 2021. This can be a progress of 33 % when in comparison with the state of affairs one yr earlier. On the finish of the yr, a complete of 56.642 on-line shops have been registered in Belgium.
These figures are from the sixth E-commerce Barometer by SafeShops.be, a Belgian ecommerce affiliation. The report provides extra perception into ecommerce in Belgium. The figures are based mostly on transaction particulars from on-line shops that have been collected by cost suppliers.
Income progress of 33%
Belgian on-line shops generated a complete of 11.7 billion euros in income final yr. This was a powerful progress when in comparison with the state of affairs in 2020 (33 %). This was accompanied by a progress of 39 % within the quantity of transaction, coming to a complete of over 150 million.
‘These are exceptional outcomes.’
“We anticipated progress figures, however these are exceptional outcomes”, stated Greet Dekocker, Managing Direct at SafeShops.be. “Not all sectors have returned to full velocity for the reason that outbreak of the pandemic, however we will now conclude that there isn’t any slowdown in progress to date. The modified on-line shopper habits continues and is even rising. That is mirrored in each the transaction quantity in addition to the variety of transactions.”
Principally small-sized enterprises
Entrepreneurs have observed the change in shopper habits, as a result of the full variety of on-line shops which can be registered in Belgium grew with 17.5 % in 2021. Most new on-line companies are working as micro and small-sized enterprises. Belgian ecommerce is dominated by these companies, as they make up 97 % of all on-line companies.
Nonetheless, medium and large-sized companies generate at least 84 % of the full income in Belgian ecommerce (9.8 billion euros). This can be a whole of 1.455 companies.
‘Medium and huge companies generate 84% of the full income in Belgian ecommerce.’
Export is rising
Within the midst of the pandemic, cross-border transactions decreased to fifteen %. The most recent report exhibits that 21 % of whole transactions are cross-border, which means that extra overseas consumers are discovering their strategy to Belgian on-line shops. Most of those transactions are made by French (38 %) and Dutch (37.5) customers buying at Belgian shops.
Bancontact nonetheless hottest cost methodology
At least 61 % of all on-line purchases are paid with Bancontact, the most well-liked cost methodology in Belgium. Google Pay and BNPL options have additionally entered the market, however their share is way smaller.
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