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Colombia: market value of discounters 2023

Published by Statista Research Department, Oct 28, 2020
By 2023, the market value of discount grocery supermarkets in Colombia is expected to reach 25 trillion Colombian pesos, an increase of more than 175 percent in comparison to 2018. In 2018, the market value of discounters in the country reached nearly 9 trillion Colombian pesos.

Market value of discount grocery stores in Colombia from 2013 to 2023 (in trillion Colombian pesos)

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Sources

Release date

August 2019

Region

Colombia

Survey time period

August 2019

Supplementary notes

* Forecast.
An exponential development of the values was assumed to estimate the annual values between 2013 and 2018, which were provided by the source.
An exponential development of the values was assumed to estimate the annual values between 2018 and 2023, which were provided by the source.

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