Q1 data shows Romania's e-commerce market is slowing down
The volume of e-commerce deliveries in Romania (not including cross-border deliveries) increased by 4.7% y/y in Q1 compared to 5.6% y/y in the same period last year, according to the Innoship platform - part of the group Alsendo, one of the biggest players on the market of delivery management solutions dedicated to e-commerce stores in Central and Eastern Europe.
"The period of double-digit annual growth rates is probably over, and we must get used to it," said Daniel Nicolae, co-founder and CEO of Innoship, during the ZF eCommerce Summit 2024 event, quoted by Ziarul Financiar.
Regarding the dynamics of international deliveries among Romanian companies, the main countries for cross-border orders remain Hungary, Bulgaria, and Greece.
The deliveries to Hungary increased by 49% y/y in Q1, those to Bulgaria by 38% y/y, and those to Greece by 14% y/y.
iulian@romania-insider.com
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