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On average, between 2013 and 2018, sales of hard-discounters in Colombia increased by 45.5 percent. By 2018, hard-discounters' sales grew by 31 percent in relation to the previous year, and it is estimated that for 2023 this growth would be 14 percent. From the data presented, 2015 was the year with the highest change in discounter sales, reaching a growth rate of 85 percent.
Annual change in total hard-discount retail sales in Colombia from 2014 to 2018, with a forecast to 2023
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Grupo Bancolombia. (January 15, 2020). Annual change in total hard-discount retail sales in Colombia from 2014 to 2018, with a forecast to 2023 [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1180076/hard-discount-retail-sales-growth-colombia/
Grupo Bancolombia. "Annual change in total hard-discount retail sales in Colombia from 2014 to 2018, with a forecast to 2023." Chart. January 15, 2020. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1180076/hard-discount-retail-sales-growth-colombia/
Grupo Bancolombia. (2020). Annual change in total hard-discount retail sales in Colombia from 2014 to 2018, with a forecast to 2023. Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1180076/hard-discount-retail-sales-growth-colombia/
Grupo Bancolombia. "Annual Change in Total Hard-discount Retail Sales in Colombia from 2014 to 2018, with a Forecast to 2023." Statista, Statista Inc., 15 Jan 2020, https://www.statista.com/statistics/1180076/hard-discount-retail-sales-growth-colombia/
Grupo Bancolombia, Annual change in total hard-discount retail sales in Colombia from 2014 to 2018, with a forecast to 2023 Statista, https://www.statista.com/statistics/1180076/hard-discount-retail-sales-growth-colombia/ (last visited May 16, 2024)
Annual change in total hard-discount retail sales in Colombia from 2014 to 2018, with a forecast to 2023 [Graph], Grupo Bancolombia, January 15, 2020. [Online]. Available: https://www.statista.com/statistics/1180076/hard-discount-retail-sales-growth-colombia/