Why did the average sales of pharmacies increase in Jongno-gu and decrease in Gangnam-gu last year?
Mar 10, 2025
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According to the status of pharmacy stores estimated and released by Pinda's artificial intelligence (AI) commercial analysis platform OpenUp, sales of 6023 pharmacies in Seoul last year were estimated to be KRW 2.736 billion, up 3.5% from the previous year.
Gangnam-gu topped the list with 354.35 billion won in total pharmacy sales by autonomous districts, followed by Jongno-gu (260465.16 million won), Songpa-gu (195 billion 40.77 million won), and Seocho-gu (1620280.93 million won).
However, Jongno-gu topped the list of sales per pharmacy, with 209 pharmacies averaging 1.24625 billion won, up 9.8% from the previous year. Seodaemun-gu ranked second with an average of 691.6 million won for 176 units, and Gangnam-gu, which has the largest number of units with 585, ranked third with an average of 605.73 million won, down 3%. The number of pharmacies in Gangnam-gu increased by 27 in a year, but the number of pharmacies in Jongno-gu decreased by one. The average sales of pharmacies in Jongno-gu exceeded twice the average sales of Gangnam-gu, and more than four times that of Gwanak-gu (273.31 million won), Gangbuk-gu (292.32 million won), Geumcheon-gu (294.64 million won), and Dongdaemun-gu (32.37 million won).
It is analyzed that the average sales of pharmacies in Jongno-gu are much higher because large pharmacies are located on the streets of pharmacies in Jongno 5-ga. The average sales growth rate of 9.8% of pharmacies in Jongno-gu last year is also the highest among autonomous districts, nearly 16 times the average sales growth rate of 0.6% of all pharmacies.
This article was translated by Naver AI translator.
