E-commerce revenue growth rate New Zealand 2019-2029
New Zealand's e-commerce growth rate soared in 2020 amid the pandemic, which drove many consumers to shop online due to widespread restrictions on in-store shopping. In 2022, e-commerce revenue fell by 8.3 percent across the country, likely due to many consumers returning to their in-store shopping habits. Nonetheless, the e-commerce segment in New Zealand is forecast to grow over the coming years, with e-commerce revenue witnessing positive growth in 2023.