Welcome to our fortnightly update for all things eCommerce shipping! Keep up to date with the latest shipping news, trends, and advancements. This update is designed to help you stay one step ahead of the competition. Whether you are an eCommerce entrepreneur, logistics provider, or just interested in the industry, check out the latest in this fast-paced and ever-changing market.
German eCommerce Goods Sales Fall 15% In Q1 2023
Between January and March of this year, the online sale of goods in Germany totaled €19.4B, a 15% decrease compared to the €22.8B generated in Q1 2022. Fashion sales were the hardest hit, falling by 30%. However, sales of everyday goods decreased by only 3%, while digital service's strong post-pandemic growth continued, with sales increasing by over 28%.
Online Prices Fall For 7th Consecutive Month
Despite inflation, this March online prices have declined for the 7th month in a row, on a year-over-year basis. The latest Adobe Digital Price Index, released on the 10th of April shows that online prices declined 1.7%, compared to March 2022. Interestingly, these figures show that prices are effectively flat compared to last month, increasing 0.03%.
Senegalese Last-Mile Delivery Start-up Aims to Cover French-Speaking Africa
Founded in 2016, Paps Logistique made 4.6M deliveries in Senegal and Côte d’Ivoire last year. Headquartered in Dakar, the start-up entered the Côte d’Ivoire market in 2022 and Benin earlier this year. However, the group's ambitions are much larger, aiming to offer last-mile delivery throughout French-speaking Africa.
Global Logistics Automation Market Forecast to Grow Over 9% Till 2028
The logistics automation industry is currently benefiting from rapid advances in cutting-edge technology such as robotics, AI, and the Internet of Things. The global market size of the industry is expected to grow from $37.2B in 2023, to over 51B by 2028. This results in a strong expected Compound Annual Growth Rate (CAGR) of 9.3%. Interestingly, the Asia Pacific region is expected to grow at the highest CAGR in this period.
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