The Size of the E-commerce Sector in Türkiye Reached 801 Billion TL in 2022
The results of Türkiye E-Commerce Ecosystem Report prepared in cooperation with payment company iyzico, Dogma Alares and Electronic Commerce Operators Association (ETID) were announced.
Türkiye e-commerce ecosystem report 2022 results:
According to the report, the size of the e-commerce sector reached an economic size of 801 billion ₺ in 2022, corresponding to approximately 6 percent of the Gross Domestic Product. In addition, the number of e-commerce transactions doubled its value in 2020 and increased to 4.8 billion.
According to the information shared in the report; while the average basket amounts increased by 13₺ from 2020 to 2021, an increase of 79₺ from 2021 to 2022 is noteworthy. Also, e-commerce volume and number of transactions in Türkiye continues to grow every year. Türkiye currently hosts the 18th largest e-commerce market in the world. Our country is in an upward trend both on a local scale and in the international arena.
In 2022, the product categories with the highest market share in terms of sales volume and number of transactions in e-commerce were fashion and accessories, electronics and technology, cosmetics and personal care, services, tourism and travel, respectively. These five sectors accounted for 63 percent of the e-commerce sector in terms of sales volume and 66 percent of transactions.
According to the data shared, alternative payment methods were used in two-thirds of the transactions made in global e-commerce in 2022. In Türkiye, traditional methods were preferred twice more than the global average. Credit card was the most preferred payment method. Debit card is the second most preferred payment method in all enterprises except micro enterprises.
The three geographical regions with the highest concentration of sellers are Marmara, Central Anatolia and Aegean. The provinces with the highest number of sellers in Eastern and Southeastern Anatolia do not have the highest share of the regional volume.
In addition, the share of transactions completed with iyzico's Protected Shopping product increased from 1.5 per cent in 2021 to 1.7 per cent in 2022. iyzico Protected Shopping, which has been used by more than 5 million consumers to date, is especially preferred for purchases made with Pay with iyzico and wire transfer/EFT methods.
Source: Webrazzi