eCommerce

Dutch ecommerce in first half of 2024: 17.5 billion euros

Within the first half of 2024, Dutch customers spent €17.5 billion on on-line retail, a 6% improve in comparison with the identical interval in 2023, though the variety of merchandise bought declined. The expansion primarily stems from companies, comparable to well being and harm insurance coverage.

These insights come from the newest Thuiswinkel Markt Monitor, carried out by GfK on behalf of Thuiswinkel.org and Retail Insiders, in collaboration with PostNL and Betaalvereniging Nederland. Practically one-third of all retail spending now happens on-line, although the overall variety of purchases dropped by 2% to 173 million.

Progress in companies, decline in product purchases

The expansion in ecommerce in The Netherlands is principally pushed by companies (+13%), together with well being and harm insurance coverage (+27%). Ticket gross sales for sights and occasions additionally elevated, partly as a result of Olympic Video games in France.

Spending on merchandise remained comparatively steady, with a modest progress of 1%, whereas the variety of product purchases decreased by 4%. Notably, the classes Footwear & Private Way of life and Meals/Nearfood noticed a decline of 11%.

Variations by class

The share of on-line retail spending varies considerably by class. Providers are extra incessantly bought on-line than merchandise. As an example, solely 8% of spending within the Meals/Nearfood class takes place on-line, which lowers the general on-line spending common. Excluding this class, customers spend 37% of their retail funds on merchandise on-line.

Cross-Border purchases on the rise

The variety of purchases made outdoors the Netherlands elevated by 6% to twenty.3 million, with Chinese language webshops being notably widespread. On-line spending at international webshops rose by 16% to €2.3 billion. Within the first half of 2024, Dutch customers made 6 million purchases from China, with a median spend of €41 per buy. That is considerably decrease than the common within the Netherlands (€101) or different European nations, comparable to Germany (€110).

Smartphone utilization and fee strategies

Though the variety of purchases through smartphones has plateaued, the share of whole on-line spending by smartphones rose from 25% to twenty-eight%, indicating increased transaction quantities through cell units. Using iDEAL as a fee methodology additionally noticed a slight improve, primarily on the expense of bank card funds.

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