Fiji’s wholesale and retail sector saw a notable achievement in 2022, with total sales reaching $6.89 billion, which represents a 4.6% year-over-year increase. According to the Fiji Bureau of Statistics, this growth was significantly driven by strong performance in the sales of fuels, motor vehicles, and hardware items. Automotive fuels reported an impressive 8% increase, contributing $173.2 million to the total sales, while the food, beverages, and tobacco sectors added $42.3 million, reflecting a 2.1% growth.
Motor vehicle sales were particularly striking, with a remarkable 17.8% increase amounting to an additional $53.3 million. Other sectors, such as household appliances, furniture, textiles, clothing, and footwear, also saw gains, indicating a robust recovery across various retail categories.
However, it should be noted that the pharmaceutical sector faced a slight downturn, experiencing a 0.6% decline in sales during this period. This report only considers data from registered businesses engaged in wholesale and retail trade.
The upward trend in sales is a promising indicator of Fiji’s strengthening economy, suggesting that consumers are increasingly confident and willing to spend on both essential and discretionary items. With the tourism industry showing signs of recovery, there is an optimistic outlook for continued growth and economic stability in Fiji as consumer spending is expected to keep thriving.
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