Britons spent £23.6billion on the online giant in 2021 –
// UK Amazon sales jumped 20% in 2021 and 82% from pre-pandemic levels in 2019
// UK sales hit £23.6bn in 2021
Amazon has filed sales figures for its UK business, which show revenue jumped 20% in the past year – and a startling 82% from pre-pandemic levels – as the lockdown and tightened restrictions drove more shoppers to the online giant.
According to documents filed with the US Securities and Exchange Commission today, sales in the UK jumped to £23.6 billion ($31.9 billion) in 2021, from 19.6 billion pounds ($26.5 billion) in 2020. That’s significantly higher than the £13 billion ($17.5 billion). billion) of sales made before the pandemic in 2019.
Amazon has been a big winner over the past two years as shoppers have turned to online shopping in the face of store closures during the lockdown and fears of rising infections.
When the UK was plunged into lockdown last January, e-commerce hit an all-time high and accounted for 37.7% of total retail sales, according to the Office for National Statistics. That compares to just 20.2% the previous January.
However, Amazon’s popularity continued to boom even after normalcy returned.
GlobalData research director Patrick O’Brien said: “While other major digital players appear to have peaked earlier in the pandemic, UK consumers show little letting up in their reliance on Amazon. This is a very good performance against an exceptional comparison.
Yesterday Amazon announced that its global net profit doubled to £10.6bn ($14.3bn) during the golden quarter, while net sales rose 9% to 101 £.1 billion ($137.4 billion).
READ MORE: Amazon reveals increased sales and increased Prime membership fees
It also revealed it would increase its Prime membership fees for US customers by 17% from next month to offset rising costs.
O’Brien expects the online behemoth to extend its Prime price hike to the UK market.
“Prime is entrenched in the mindset of UK consumers, and it will be confident it can raise prices here as it is doing in the US.”
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