CIKAUTXO S.COOP has reported an 18,55% growth in global sales by 2022. The results of the cooperative show strong activity in some markets, such as, NAFTA, India and Europe.
NAFTA
In NAFTA (North American Free Trade Agreement), sales increased by 55,78 % compared to the previous year. This growth was mainly due to its ability to adapt to changes in industry and to meet the specific needs of customers in the region.
INDIA
Sales growth in India was 54,57%. In this country, demand grew, and Cikautxo was quick to seize that opportunity, thanks to its vision of innovation and excellence in manufacturing. Consequently, this cooperative was able to establish a strong presence in this growing market.
EUROPE
In Europe, sales growth was 9,78%. Although this growth is lower, it remains significant, as the pandemic caused by COVID-19 and the unstable economic situation resulting from the war between Ukraine and Russia made sales difficult. This growth also means that Cikautxo was able to properly position itself in this situation, with successful marketing and sales strategies on the market.
CONCLUSIONS
In an increasingly globalized world, the success of a company depends not only on its ability to develop innovative products and meet customer needs, but also on its ability to adapt to changes in international markets. In this context, and aware of the economic tensions that we are experiencing globally today, sales data for 2022 is a key indicator of CIKAUTXO S. COOP’s ability to compete globally.
