Latin America Ecommerce Forecast 2022: The Pandemic Boom Subsides, but Double-Digit Growth Persists Through Turmoil

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Executive Summary

Retail ecommerce spending in Latin America will begin to decelerate in 2022 after two years of record growth. Despite a return to in-store shopping and mounting economic headwinds—like high inflation—digital sales will continue to reach new heights.

3 KEY QUESTIONS THIS REPORT WILL ANSWER

  1. How will macroeconomic conditions affect retail spending in Latin America this year?

  2. In which countries are retail ecommerce and mcommerce sales growing the fastest?

  3. What do these trends mean for retailers in Latin America?

WHAT’S IN THIS REPORT? Our latest forecast for total retail and ecommerce sales in Latin America, including regional and country-level breakouts for three markets: Argentina, Brazil, and Mexico. Also included are key trends fueling regional market movements in 2022 and beyond.

KEY STAT: The days of astronomical growth may be over, but retail ecommerce sales will continue to rise strongly in 2022. Three of the 10 fastest-growing retail ecommerce markets will be in Latin America this year.