Ecuador

Retail in Ecuador posted strong growth in current value terms in 2022, building on the strong recovery posted the previous year. With COVID-19 fears subsiding and most of the remaining restrictions being lifted locals and foreign visitors were more…

After posting a steep decline in current value terms in 2020, traditional grocery retailers saw sales rebound strongly in 2021. As concerns about potential exposure to COVID-19 receded with the rollout of vaccines and a drop in community transmission…

Historically, online spending by Ecuadorians has been primarily focused on services and entertainment. However, consumption patterns in this area have changed dramatically since the outbreak of COVID-19, with people increasingly choosing to purchase…

While Ecuadorians have been using smartphones and other types of mobile devices to browse e-commerce websites and compare prices for several years, they have traditionally tended to use desktop PCs to make online purchases. However, since the…

Chemists/pharmacies and drugstores/parapharmacies saw growth in outlet numbers accelerate significantly during the latter part of the review period as multiple large chains pursued aggressive expansion strategies in Ecuador. The most dynamic players…