Page 101 - Economic report 2020

BUSINESSES’ OPINIONS ON DEVELOPMENTS IN THE RETAIL TRADE (% of businesses) Table 12.4

2. Sales figures 2020 2021 2022
(reviewed half-year compared with
same half-year of previous year) Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average
Total retail Higher 5 14 10 30 47 39 38 35 37
trade Similar 12 15 14 30 24 27 37 38 38
Lower 84 72 78 40 29 35 25 27 26
Balance -79 -58 -69 -10 18 4 13 8 11
Food Higher 12 13 13 18 37 28 40 41 41
Similar 12 9 11 28 19 24 27 31 29
Lower 76 78 77 54 44 49 33 28 31
Balance -64 -65 -65 -36 -7 -22 7 13 10
Clothing Higher 5 17 11 8 40 24 50 38 44
& footwear Similar 11 8 10 28 24 26 23 31 27
Lower 84 75 80 64 36 50 27 31 29
Balance -79 -58 -69 -56 4 -26 23 7 15
Household Higher 3 18 11 45 39 42 32 49 41
equipment Similar 17 25 21 29 30 30 39 32 36
Lower 79 58 69 26 30 28 30 20 25
Balance -76 -40 -58 19 9 14 2 29 16
Hygiene & health Higher 0 5 3 41 58 50 26 39 33
Similar 23 18 21 41 27 34 26 35 31
Lower 77 77 77 18 15 17 48 26 37
Balance -77 -72 -75 23 43 33 -22 13 -5
IT & electronics* Higher 8 29 19 50 53 52 40 33 37
Similar 8 0 4 21 33 27 51 37 44
Lower 85 71 78 29 14 22 9 30 20
Balance -77 -42 -60 21 39 30 31 3 17
Vehicles & Higher 0 4 2 33 45 39 37 23 30 99
accessories Similar 0 13 7 27 23 25 40 43 42
Lower 100 83 92 40 32 36 23 34 29
Balance -100 -79 -90 -7 13 3 14 -11 2
Other commerce Higher 5 15 10 19 52 36 33 26 30
Similar 10 17 14 36 18 27 48 50 49
Lower 85 68 77 45 30 38 19 24 22
Balance -80 -53 -67 -26 22 -2 14 2 8
Large commercial Higher 0 0 0 20 75 48 100 50 75
establishments** Similar 13 13 13 40 25 33 0 33 17
Lower 88 88 88 40 0 20 0 17 9
Balance -88 -88 -88 -20 75 28 100 33 67

*From the first half of 2021, on adaptation of the sample to the new classification of economic activities (CAEA-19), this subsector, as well as electronics, also
includes retail sales of computers, peripheral equipment and computer programmes, and is called “IT & electronics”.
**From the first half of 2021, on adaptation of the sample to the new classification of economic activities (CAEA-19), supermarkets are included in the
subsector “Food” and this branch only includes “Large commercial establishments”.
Source: Chamber of Commerce, Industry and Services of Andorra.

of activity. By types of commerce, the improvement was fairly widespread, and was felt both in
specialised shops and large retailers. However, notable differences can be seen between the product
groups. In the best-performing group, note the results in the branch of food and the segment of
IT and electronics, and especially the more enthusiastic climate in sales of furniture and household Andorran economy: developments in the main sectors | XII. Services
equipment, which has been the most dynamic branch of the commercial sector since 2018 due to
the strong impetus from the real estate market and construction. On the other hand, in the most
contained group are the subsectors of clothing and footwear, hygiene and health (perfumery and
pharmacy), and vehicles and accessories.

In parallel, the global sales figure saw a slight increase in the last six months of 2022, although
in year-on-year terms, growth moderated in comparison with the two previous half-years. By