Hungarians spent gross 625 billion forints in online shops last year
GKI Digital and Árukereső published the 2019 results of Hungarian online retail on 11 March. Sales reached gross HUF 625 billion, surpassing the 2018 level by 16 percent. Online’s share in total retail sales was 6.3 percent. According to GKI Digital, 55 percent of active internet using adults – approximately 3.3 million people – made online purchases last year. The number of per capita purchases was up 10 percent and reached 13.2, and the average basket value was gross HUF 14,400.
Home delivery was the most popular: 52 percent of online purchases were delivered this way in 2019. Parcel delivery companies typically name 1-3 hour time slots when the buyer has to be at home. Pick-up points operated by delivery firms saw their share drop from 19 to 16 percent (calculated as a proportion of transactions). The international trend prevails in Hungary too: major retailers are connecting their online shops with the physical store chains they operate. A good example of this is ‘click and collect’, which basically means the central management of stores and the online shop – shoppers can collect their online orders in the physical store they choose.
This process is speeding up to the extent that businesses which used to be present only online are now opening brick-and-mortar stores and pick-up points. Consequently, more than 27 percent of online orders were collected in physical stores in 2019. Logistics companies MPL, GLS, DPD, Sprinter and Express One all operate their own pick-up point network, and MPL and GLS even have parcel vending machines. //
Related news
Dark patterns are spreading in e-commerce – and official action against them is also more frequent
Urging, pressuring, hiding costs or “trickling” them – dark patterns…
Read more >Lost parcels cost online stores hundreds of millions
European online retailers missed out on more than half a…
Read more >Amazon’s quarterly profit jumps and revenue increases
E-commerce giant Amazon reported better-than-expected first-quarter earnings and revenue. The…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Pick Szeged Zrt.’s profit decreased, but its sales revenue increased last year
Pick Szeged Zrt.’s after-tax profit in 2024 was 6.7 billion…
Read more >