{ "id": "market_hub/no_furniture", "slug": "norway-furniture-market-hub", "title": "Norway Furniture Market Hub", "description": "Country market hub for the Norway furniture market, built from Furnilytics indicator pages and reusable supplemental market calculations.", "country": { "name": "Norway", "geo": "NO", "role": "import-exposed non-euro furniture demand market" }, "market": { "name": "Furniture", "scope": "Furniture retail, production, consumer demand, imports, exports, exchange-rate and demand context" }, "generated_at": "2026-07-20T13:44:58.356443+00:00", "market_data_updated_at": "2026-07-20", "refresh_frequency": "monthly", "page": { "canonical_path": "/market/norway-furniture-market-hub/", "left_navigation": true, "source_reference_style": "numeric_notes", "draft_slug": "norway-furniture-market-hub", "meta_title": "Norway Furniture Market Hub | Furnilytics", "meta_description": "Monthly Norway furniture market hub with consumer demand, retail turnover, production, imports, import share, producer prices, NOK/EUR, confidence and product-search indicators.", "tags": [ "market-hubs", "#market-hubs", "#mi-markets", "#mi-norway" ] }, "source_references": [ { "ref": 1, "key": "consumer_market_size", "title": "Norway Furniture Consumer Market Size", "url": "/indicators/retail/market-size/norway-furniture-consumer-market-size/", "path": "docs/norway-furniture-consumer-market-size.json", "role": "Market size", "last_refresh": "2026-07-13" }, { "ref": 2, "key": "retail_turnover", "title": "Norway Furniture Retail Market Size", "url": "/indicators/retail/market-size/norway-furniture-retail-turnover/", "path": "docs/norway-furniture-retail-turnover-yearly.json", "role": "Retail", "last_refresh": "2026-07-01" }, { "ref": 3, "key": "production_turnover", "title": "Norway Furniture Production Market Size", "url": "/indicators/industry/market-size/norway-furniture-production-turnover/", "path": "docs/norway-furniture-production-turnover.json", "role": "Industry", "last_refresh": "2026-07-13" }, { "ref": 4, "key": "producer_price", "title": "Norway Furniture Producer Price Index", "url": "/indicators/industry/indexes/norway-furniture-producer-price-index/", "path": "docs/norway-furniture-producer-price-index.json", "role": "Price pressure", "last_refresh": "2026-07-06" }, { "ref": 5, "key": "imports_yearly", "title": "Norway Furniture Imports by Year", "url": "/indicators/industry/trade/norway-furniture-imports/", "path": "docs/industry-norway-furniture-imports-yearly.json", "role": "Imports", "last_refresh": "2026-07-06" }, { "ref": 6, "key": "imports_by_country", "title": "Norway Furniture Imports by Country", "url": "/indicators/industry/trade/norway-furniture-imports-by-country/", "path": "docs/industry-norway-furniture-imports-by-country.json", "role": "Imports", "last_refresh": "2026-07-06" }, { "ref": 7, "key": "housing_market_activity", "title": "Norway Housing Market Activity", "url": "/indicators/macroeconomics/housing/norway-housing-market-activity/", "path": "docs/housing_market_no.json", "role": "Macroeconomics", "last_refresh": "2026-07-13" }, { "ref": 8, "key": "consumer_confidence", "title": "Norway Consumer Confidence", "url": "/indicators/macroeconomics/consumer-sentiment/norway-consumer-confidence/", "path": "docs/consumer_confidence_no.json", "role": "Macroeconomics", "last_refresh": "2026-07-13" }, { "ref": 9, "key": "product_search", "title": "Norway Furniture Product Search Trend", "url": "/indicators/retail/online/norway-furniture-products-search-trend/", "path": "docs/web_search_trends_product_no.json", "role": "Retail demand context", "last_refresh": "2026-07-07" }, { "ref": 10, "key": "import_share", "title": "Norway Furniture Import Share", "url": "/indicators/industry/trade/norway-furniture-import-share/", "path": "docs/industry-norway-furniture-import-share-yearly.json", "role": "Supply chain", "last_refresh": "2026-07-06" }, { "ref": 11, "key": "exports_yearly", "title": "Norway Furniture Exports by Year", "url": "/indicators/industry/trade/norway-furniture-exports/", "path": "docs/industry-norway-furniture-exports-yearly.json", "role": "Exports", "last_refresh": "2026-07-06" }, { "ref": 12, "key": "exports_by_country", "title": "Norway Furniture Exports by Country", "url": "/indicators/industry/trade/norway-furniture-exports-by-country/", "path": "docs/industry-norway-furniture-exports-by-country.json", "role": "Exports", "last_refresh": "2026-07-06" }, { "ref": 13, "key": "exchange_rate", "title": "NOK per EUR Exchange Rate", "url": "/indicators/macroeconomics/exchange-rates/nok-eur-exchange-rate/", "path": "docs/nok-eur-exchange-rate.json", "role": "Currency", "last_refresh": "2026-07-20" } ], "summary": { "headline": "Norway Furniture Market Hub tracks a high-income Nordic furniture market where NOK purchasing power, imported assortments and housing-linked demand shape retail performance. Use this Norway furniture market dashboard to follow consumer demand, specialist retail turnover, production, imports, import share, producer prices, housing activity, confidence, product search and NOK/EUR currency context.", "context": "For analysts, retailers and suppliers, Norway combines strong household spending capacity with high international sourcing exposure. Import value, supplier-country concentration and NOK/EUR help explain how foreign supply and currency translation affect market comparisons.", "purpose": "Use this hub to assess Norwegian furniture demand, compare local-market values with euro equivalents, and understand how import reliance, housing activity, production and currency movement shape market conditions." }, "key_measurements": [ { "id": "consumer_market_size", "label": "Consumer market size", "section": "market_size", "indicator_key": "consumer_market_size", "indicator_ref": 1, "period": "2025", "value": 38510.4, "unit": "NOK million", "previous_period": "2024", "previous_value": 34673.6, "change_abs": 3836.8, "change_pct": 11.07, "secondary_value": 3286.7, "secondary_unit": "EUR million", "status": "Recovering", "context": "+11.1% annual change" }, { "id": "retail_turnover", "label": "Retail market size", "section": "retail", "indicator_key": "retail_turnover", "indicator_ref": 2, "period": "2025", "value": 39129.7, "unit": "NOK million", "previous_period": "2024", "previous_value": 35232.1, "change_abs": 3897.6, "change_pct": 11.06, "secondary_value": 3339.6, "secondary_unit": "EUR million", "short_term_yoy_pct": 5.97, "context": "+6.0% six-month YoY", "status": "Expanding" }, { "id": "production_turnover", "label": "Production market size", "section": "industry", "indicator_key": "production_turnover", "indicator_ref": 3, "period": "2025", "value": 11271.7, "unit": "NOK million", "previous_period": "2024", "previous_value": 10678.8, "change_abs": 592.9, "change_pct": 5.55, "secondary_value": 962.2, "secondary_unit": "EUR million", "short_term_yoy_pct": -1.87, "short_term_source_indicator": "production_turnover", "status": "Under pressure", "context": "-1.9% six-month YoY" }, { "id": "producer_price", "label": "Producer price index", "section": "industry", "indicator_key": "producer_price", "indicator_ref": 4, "period": "2026-05-01", "value": 140.7, "unit": "Index [2021=100]", "previous_period": "2026-04-01", "previous_value": 140.5, "change_abs": 0.2, "change_pct": 0.14, "yoy_pct": 8.9, "previous_year_value": 129.2, "previous_year_date": "2025-05", "short_term_yoy_pct": 3.31, "status": "Elevated pressure", "context": "+3.3 pp six-month YoY" }, { "id": "import_share", "label": "Import share", "section": "supply_chain", "indicator_key": "import_share", "indicator_ref": 10, "period": "2025", "value": 87.5, "unit": "Import share [%]", "previous_period": "2024", "previous_value": 87.9, "change_abs": -0.4, "change_pct": -0.46, "status": "High dependence", "context": "-0.4 pp recent change" }, { "id": "imports_yearly", "label": "Furniture imports", "section": "supply_chain", "indicator_key": "imports_yearly", "indicator_ref": 5, "period": "2025", "value": 19.0, "unit": "NOK billion", "previous_period": "2024", "previous_value": 18.0, "change_abs": 1.06, "change_pct": 5.9, "status": "Expanding", "context": "1.7% below 2022 peak" }, { "id": "housing_market_activity", "label": "Housing market activity", "section": "macroeconomics", "indicator_key": "housing_market_activity", "indicator_ref": 7, "period": "2026-05-01", "value": 86.1, "unit": "Index [2019=100]", "previous_period": "2026-04-01", "previous_value": 87.9, "change_abs": -1.82, "change_pct": -2.07, "short_term_yoy_pct": 1.0, "status": "Below baseline; broadly stable", "context": "-14 pts vs 2019" }, { "id": "consumer_confidence", "label": "Consumer confidence", "section": "macroeconomics", "indicator_key": "consumer_confidence", "indicator_ref": 8, "period": "2025-10-01", "value": -10.4, "unit": "Balance [PP]", "previous_period": "2025-07-01", "previous_value": -8.7, "change_abs": -1.7, "change_pct": -19.54, "short_term_yoy_pct": 29.08, "short_term_change_abs": 5.05, "status": "Weakening", "context": "-1.7 pp recent change" }, { "id": "product_search", "label": "Product search trend", "section": "retail", "indicator_key": "product_search", "indicator_ref": 9, "period": "2026-04-01", "value": 155.2, "unit": "Index", "previous_period": "2026-03-01", "previous_value": 162.2, "change_abs": -6.93, "change_pct": -4.28, "short_term_yoy_pct": 12.8, "status": "Softening", "context": "15.2% below 2025 peak" }, { "id": "exchange_rate", "label": "NOK/EUR exchange rate", "section": "currency", "indicator_key": "exchange_rate", "indicator_ref": 13, "period": "2026-07-01", "value": 11.2, "unit": "NOK per EUR", "previous_period": "2026-06-01", "previous_value": 11.0, "change_abs": 0.13, "change_pct": 1.21, "short_term_yoy_pct": -5.09, "status": "Local currency stronger", "context": "-5.8% YoY" } ], "page_content": { "intro": [ "Norway Furniture Market Hub tracks a high-income Nordic furniture market where NOK purchasing power, imported assortments and housing-linked demand shape retail performance. Use this Norway furniture market dashboard to follow consumer demand, specialist retail turnover, production, imports, import share, producer prices, housing activity, confidence, product search and NOK/EUR currency context.", "For analysts, retailers and suppliers, Norway combines strong household spending capacity with high international sourcing exposure. Import value, supplier-country concentration and NOK/EUR help explain how foreign supply and currency translation affect market comparisons.", "Use this hub to assess Norwegian furniture demand, compare local-market values with euro equivalents, and understand how import reliance, housing activity, production and currency movement shape market conditions." ], "market_snapshot": [ "Norway stands as an import-exposed non-euro furniture demand market, characterized by strong household purchasing power and a high reliance on international sourcing. The consumer market size is recovering, reflecting a notable annual growth, while retail turnover is expanding, supported by a 6.0% increase in the last six months. However, the production sector faces pressure, indicating challenges in domestic manufacturing amidst a backdrop of elevated producer prices and a high import share of 87.5% [1]. Retail 6-month momentum is +6.0% year over year, supporting a positive near-term demand read. [2]", "Housing market activity remains below the 2019 baseline, suggesting a stabilizing but cautious environment for consumer demand. This is compounded by weakening consumer confidence, which poses a headwind for future retail performance. Despite a stronger local currency against the euro, the dynamics of import reliance and housing activity will continue to shape market conditions in Norway [5]. The NOK/EUR exchange rate is 11.2 NOK per EUR, which frames euro-denominated comparisons and export competitiveness. [13]" ], "key_findings": [ "Norway is an import-exposed non-euro furniture demand market with domestic production context. Consumer market size is 38.5 billion Norwegian kroner (3.3 billion euro) [1], while the specialist furniture retail market is 39.1 billion Norwegian kroner (3.3 billion euro) [2]. The market's current position is best described as recovering with +11.1% annual change.", "Retail demand, production and price pressure need to be read together. Retail is expanding, with +6.0% six-month YoY, while production is under pressure at 11.3 billion Norwegian kroner (1.0 billion euro) [3], with -1.9% six-month YoY.", "Supply-chain exposure is also material: import share is 87.5% and classified as high dependence [10], with -0.4 pp recent change. The macro backdrop is below baseline; broadly stable, with housing activity at 86.1 index points [7], -14 pts vs 2019. Overall, sourcing exposure, domestic production pressure and retail momentum all matter." ], "sections": [ { "section_id": "market_size", "title": "Market Size & Consumption", "paragraphs": [ "Norway's furniture consumer market is currently valued at 38.5 billion Norwegian kroner (3.3 billion euro), reflecting a recovering trend with an annual change of +11.1% [1]. This recovery indicates a positive shift in consumer demand, which is critical for both retail and production sectors as they adapt to changing market dynamics and consumer preferences.", "The market size has shown consistent growth, with projections indicating an increase to 34.7 billion Norwegian kroner (approximately 3.0 billion euro) by 2024 and further to 38.5 billion Norwegian kroner (3.3 billion euro) by 2025 [1]. This upward trajectory suggests a stabilizing demand environment, which may enhance import opportunities and influence sourcing strategies within the furniture sector." ], "indicator_refs": [ 1 ] }, { "section_id": "retail", "title": "Retail & Demand", "paragraphs": [ "The Norwegian furniture retail market is currently expanding, with a retail market size of 39.1 billion Norwegian kroner (3.3 billion euro) and a year-over-year growth of 6.0% as of the latest data [2]. This growth reflects a robust consumer demand environment, although product search trends indicate a softening, currently at 155.2 index points, which is 15.2% below the peak observed in 2025 [9].", "The upward trajectory in retail turnover suggests a positive outlook for furniture production and supply chains in Norway, despite the recent decline in product search activity. The market's import-exposed nature necessitates careful monitoring of global supply conditions and exchange-rate fluctuations, which could impact future demand dynamics and sourcing strategies [2]." ], "indicator_refs": [ 2, 9 ] }, { "section_id": "industry", "title": "Industry & Production", "paragraphs": [ "Norway's furniture production market is currently under pressure, with a production market size of 11.3 billion Norwegian kroner (1.0 billion euro) reflecting a year-on-year decline of 1.9% over the past six months [3]. This contraction indicates challenges in consumer demand and retail dynamics, which may impact overall market stability and growth prospects in the near term.", "The producer price index stands at 140.7 index points, showing elevated pressure with a 3.3 percentage point increase year-on-year [4]. This rise in producer prices suggests that manufacturers are facing increased costs, which could further strain profit margins and influence pricing strategies in the retail sector, potentially affecting consumer purchasing behavior." ], "indicator_refs": [ 3, 4 ] }, { "section_id": "supply_chain", "title": "Trade & Supply Chain", "paragraphs": [ "Norway's furniture market exhibits a high dependence on imports, with an import share of 87.5% [10]. This significant reliance underscores the strategic importance of sourcing from key partner countries, particularly China and Sweden, which together account for approximately 33% of total imports [6]. The expanding import value, currently at 19.0 billion Norwegian kroner (approximately 1.7 billion euros), reflects a slight decline of 1.7% from the 2022 peak, indicating a potential stabilization in demand amidst fluctuating market conditions [5].", "The concentration of imports from a few countries poses both opportunities and risks for Norway's furniture sector. With China and Sweden currently set to remain dominant suppliers, their respective contributions of 16.72% and 16.29% to total imports [6] highlight the need for strategic partnerships to mitigate supply chain vulnerabilities. As Norway navigates its import-exposed market dynamics, understanding these supplier relationships will be crucial for maintaining a resilient furniture retail environment." ], "indicator_refs": [ 10, 5, 6 ] }, { "section_id": "macroeconomics", "title": "Macroeconomics", "paragraphs": [ "Norway's housing market activity is currently at 86.1 index points, indicating a broadly stable environment but below the baseline, reflecting a decline of 14 points compared to 2019 [7]. This stability in housing market activity suggests a cautious consumer sentiment, which may impact furniture demand as housing trends often correlate with retail performance in the furniture sector. The current conditions may lead to a more selective consumer base, affecting both retail and production strategies in the Norwegian furniture market.", "Consumer confidence in Norway has weakened, currently sitting at -10.4 points, with a recent change of -1.7 percentage points [8]. This decline in consumer confidence can exert downward pressure on furniture demand, as consumers may prioritize essential purchases over discretionary spending. The interplay between the weakening consumer sentiment and stable housing market activity could create a challenging environment for furniture retailers, necessitating adaptive strategies to maintain market share and respond to shifting consumer priorities." ], "indicator_refs": [ 7, 8 ] }, { "section_id": "currency", "title": "Currency", "paragraphs": [ "Norway's furniture market operates within a context of a stronger local currency, with the NOK/EUR exchange rate currently at 11.2 NOK per EUR, reflecting a 5.8% year-over-year increase. This strengthening of the Norwegian krone may influence import costs, potentially making foreign furniture products more expensive for consumers and retailers, thereby impacting overall demand dynamics in the market [13].", "The exchange rate trend indicates a significant increase from 8.93 NOK per EUR in 2015 to the current level, suggesting a long-term appreciation of the krone. This trend may lead to increased pressure on local producers to remain competitive against imported goods, as the cost of imports rises, which could affect production strategies and sourcing structures within the Norwegian furniture sector [13]." ], "indicator_refs": [ 13 ] } ], "methodology_note": "This market hub combines multiple Furnilytics indicators into a single country-level furniture market overview. The source layer includes linked indicator pages for demand, specialist retail turnover, production, trade, pricing and macroeconomic context, plus deterministic supplemental calculations where the hub needs comparable market structure metrics. Consumer market size captures household furniture spending, while retail market size captures specialist furniture-store turnover; production and trade metrics describe the industry and supply side. Detailed source notes, definitions, chart payloads, latest-data tables and methodology explanations remain available on the underlying indicator pages listed in the Sources section.", "faq": [ { "question": "What does the Norway Furniture Market Hub cover?", "answer": "The Norway Furniture Market Hub brings together the main indicators needed to assess Norwegian furniture demand, specialist retail activity, production, import exposure and currency context. It covers consumer market size, specialist retail turnover, production, producer prices, trade flows, consumer confidence and online product-search interest, with housing or currency indicators included where they are relevant and available." }, { "question": "What is the difference between Norway furniture consumer market size and retail market size?", "answer": "Consumer market size captures household furniture spending. Retail market size captures specialist furniture-store turnover, so the scope can differ by product mix and sales channel." }, { "question": "Why is trade important for the Norway furniture market?", "answer": "Imports are important because foreign ranges supply a meaningful share of Norwegian furniture availability. Import value, supplier-country mix and import share help explain sourcing reliance, while NOK/EUR adds currency context." }, { "question": "Why is NOK/EUR included?", "answer": "NOK is the local-market currency, while euro values are useful for European comparison. The exchange-rate indicator helps separate local-market movement from currency translation." }, { "question": "How often is the Norway Furniture Market Hub updated?", "answer": "The Norway hub is designed to refresh monthly when the underlying indicators and market-hub calculations are updated. Annual market-size and trade measures update when full-year source data becomes available." }, { "question": "Where does the Norway market data come from?", "answer": "The hub is built from linked Furnilytics indicator pages covering Norway furniture demand, retail, production, prices, trade and macroeconomic context. Each source page contains the detailed source notes, chart definitions and methodology." }, { "question": "How current is the market hub data?", "answer": "Most monthly indicators in the market hub are generally published with about a three-month reporting lag. Annual market-size indicators can follow a separate source schedule and update when full-year data becomes available." } ], "generation": { "mode": "ai_sectioned", "ai_blocks": [ { "block": "market_snapshot", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:market_size", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:retail", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:industry", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:supply_chain", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:macroeconomics", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:currency", "model": "gpt-4o-mini", "attempt": 1 } ], "fallback_blocks": [] } }, "sections": [ { "id": "summary", "title": "Summary", "summary": "Key measurements for the Norway furniture market.", "main_indicator": "", "main_graph": null, "extra_graphs": [], "metric_card_ids": [ "consumer_market_size", "retail_turnover", "production_turnover", "producer_price", "import_share", "imports_yearly" ], "supplemental_table_ids": [], "indicator_refs": [ 1, 2, 3, 4, 10, 5 ] }, { "id": "market_size", "title": "Market Size & Consumption", "summary": "Buyer-side furniture demand in Norway.", "main_indicator": "consumer_market_size", "main_graph": { "id": "consumer_market_size_main_graph", "indicator_key": "consumer_market_size", "indicator_ref": 1, "title": "Norway Furniture Consumer Market Size", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "NOK million", "legend": false, "data": [ { "x_axis": "2015", "value": 28111.0, "value_label": 28111.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 28111.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3143.8 }, { "x_axis": "2016", "value": 29198.0, "value_label": 29198.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 29198.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3142.0 }, { "x_axis": "2017", "value": 30053.0, "value_label": 30053.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 30053.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3221.6 }, { "x_axis": "2018", "value": 30106.0, "value_label": 30106.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 30106.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3135.8 }, { "x_axis": "2019", "value": 30275.0, "value_label": 30275.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 30275.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3073.7 }, { "x_axis": "2020", "value": 33557.0, "value_label": 33557.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 33557.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3128.9 }, { "x_axis": "2021", "value": 35535.0, "value_label": 35535.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 35535.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3496.4 }, { "x_axis": "2022", "value": 35466.0, "value_label": 35466.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 35466.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 3511.0 }, { "x_axis": "2023", "value": 34200.0, "value_label": 34200.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 34200.0, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "ssb_national_accounts_05_1", "value_original": 2993.6 }, { "x_axis": "2024", "value": 34673.6, "value_label": 34673.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 34673.6, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "retail_turnover_nowcast", "value_original": 2982.2 }, { "x_axis": "2025", "value": 38510.4, "value_label": 38510.4, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 38510.4, "cur": "NOK", "local_currency": "NOK", "classification": "SSB expenditure 05.1", "source_method": "retail_turnover_nowcast", "value_original": 3286.7 } ], "source_url": "/indicators/retail/market-size/norway-furniture-consumer-market-size/", "currency_options": { "default": "NOK", "series": { "NOK": { "field": "value_local", "axisLabel": "NOK million" }, "EUR": { "field": "value", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "consumer_market_size" ], "supplemental_table_ids": [ "consumer_market_size_peer_comparison", "consumer_expenditure_per_capita_peer_comparison", "retail_latest_rows" ], "indicator_refs": [ 1 ] }, { "id": "retail", "title": "Retail & Demand", "summary": "Specialist furniture retail turnover, online product-search interest and household demand context.", "main_indicator": "retail_turnover", "main_graph": { "id": "retail_turnover_main_graph", "indicator_key": "retail_turnover", "indicator_ref": 2, "title": "Norway Furniture Retail Turnover", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "NOK million", "legend": false, "data": [ { "x_axis": "2017", "value": 28780.2, "value_label": 28780.2, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 28780.2, "value_eur": 3085.2, "cur": "NOK", "local_currency": "NOK", "value_original": 28780.2 }, { "x_axis": "2018", "value": 28847.1, "value_label": 28847.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 28847.1, "value_eur": 3004.7, "cur": "NOK", "local_currency": "NOK", "value_original": 28847.1 }, { "x_axis": "2019", "value": 30202.9, "value_label": 30202.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 30202.9, "value_eur": 3066.4, "cur": "NOK", "local_currency": "NOK", "value_original": 30202.9 }, { "x_axis": "2020", "value": 33071.8, "value_label": 33071.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 33071.8, "value_eur": 3083.7, "cur": "NOK", "local_currency": "NOK", "value_original": 33071.8 }, { "x_axis": "2021", "value": 35976.6, "value_label": 35976.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 35976.6, "value_eur": 3539.8, "cur": "NOK", "local_currency": "NOK", "value_original": 35976.6 }, { "x_axis": "2022", "value": 37951.6, "value_label": 37951.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 37951.6, "value_eur": 3757.0, "cur": "NOK", "local_currency": "NOK", "value_original": 37951.6 }, { "x_axis": "2023", "value": 34750.1, "value_label": 34750.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 34750.1, "value_eur": 3041.8, "cur": "NOK", "local_currency": "NOK", "value_original": 34750.1 }, { "x_axis": "2024", "value": 35232.1, "value_label": 35232.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 35232.1, "value_eur": 3030.2, "cur": "NOK", "local_currency": "NOK", "value_original": 35232.1 }, { "x_axis": "2025", "value": 39129.7, "value_label": 39129.7, "comment": "Complete-year estimate from monthly SSB 47.59 value-index nowcast; replaced when the annual SSB turnover benchmark is published.", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 39129.7, "value_eur": 3339.6, "cur": "NOK", "local_currency": "NOK", "value_original": 39129.7 } ], "source_url": "/indicators/retail/market-size/norway-furniture-retail-turnover/", "currency_options": { "default": "NOK", "series": { "NOK": { "field": "value_local", "axisLabel": "NOK million" }, "EUR": { "field": "value_eur", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "retail_turnover", "product_search" ], "supplemental_table_ids": [ "retail_latest_rows", "product_search_latest_rows" ], "indicator_refs": [ 2, 9 ] }, { "id": "industry", "title": "Industry & Production", "summary": "Production turnover and producer-price pressure show Norway furniture manufacturing conditions.", "main_indicator": "production_turnover", "main_graph": { "id": "production_turnover_main_graph", "indicator_key": "production_turnover", "indicator_ref": 3, "title": "Norway Furniture Production Turnover", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "NOK million", "legend": false, "data": [ { "x_axis": "2017", "value": 9161.8, "value_label": 9161.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 982.5, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 9161.8, "value_local": 9161.8, "source_basis": "monthly_backbone_annual_sum", "value_original": 9161.8 }, { "x_axis": "2018", "value": 8989.6, "value_label": 8989.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 936.6, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 8989.6, "value_local": 8989.6, "source_basis": "monthly_backbone_annual_sum", "value_original": 8989.6 }, { "x_axis": "2019", "value": 8994.0, "value_label": 8994.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 912.4, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 8994.0, "value_local": 8994.0, "source_basis": "monthly_backbone_annual_sum", "value_original": 8994.0 }, { "x_axis": "2020", "value": 9271.7, "value_label": 9271.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 863.9, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 9271.7, "value_local": 9271.7, "source_basis": "monthly_backbone_annual_sum", "value_original": 9271.7 }, { "x_axis": "2021", "value": 10857.8, "value_label": 10857.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 1068.9, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 10857.8, "value_local": 10857.8, "source_basis": "monthly_backbone_annual_sum", "value_original": 10857.8 }, { "x_axis": "2022", "value": 12073.9, "value_label": 12073.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 1194.5, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 12073.9, "value_local": 12073.9, "source_basis": "monthly_backbone_annual_sum", "value_original": 12073.9 }, { "x_axis": "2023", "value": 10951.8, "value_label": 10951.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 957.7, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 10951.8, "value_local": 10951.8, "source_basis": "monthly_backbone_annual_sum", "value_original": 10951.8 }, { "x_axis": "2024", "value": 10678.8, "value_label": 10678.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 918.0, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 10678.8, "value_local": 10678.8, "source_basis": "monthly_backbone_annual_sum", "value_original": 10678.8 }, { "x_axis": "2025", "value": 11271.7, "value_label": 11271.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 962.2, "cur": "NOK", "local_currency": "NOK", "value_nominal_local": 11271.7, "value_local": 11271.7, "source_basis": "monthly_backbone_annual_sum", "value_original": 11271.7 } ], "source_url": "/indicators/industry/market-size/norway-furniture-production-turnover/", "currency_options": { "default": "NOK", "series": { "NOK": { "field": "value_nominal_local", "axisLabel": "NOK million" }, "EUR": { "field": "value_nominal", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "production_turnover", "producer_price" ], "supplemental_table_ids": [ "production_latest_rows", "ppi_peer_six_month_yoy" ], "indicator_refs": [ 3, 4 ] }, { "id": "supply_chain", "title": "Trade & Supply Chain", "summary": "Import value, supplier concentration and import dependence show Norway's furniture sourcing structure.", "main_indicator": "imports_by_country", "main_graph": { "id": "imports_by_country_main_graph", "indicator_key": "imports_by_country", "indicator_ref": 6, "title": "Norway Furniture Imports by Country", "chart_type": "pie", "series_type": "single", "x_axis_label": "", "y_axis_label": "Share of imports", "legend": false, "data": [ { "name": "CN", "label": "CN", "value": 0.1672 }, { "name": "SE", "label": "SE", "value": 0.1629 }, { "name": "LT", "label": "LT", "value": 0.1606 }, { "name": "DK", "label": "DK", "value": 0.1295 }, { "name": "PL", "label": "PL", "value": 0.1166 }, { "name": "DE", "label": "DE", "value": 0.0508 }, { "name": "IT", "label": "IT", "value": 0.04 }, { "name": "EE", "label": "EE", "value": 0.019 }, { "name": "VN", "label": "VN", "value": 0.0133 }, { "name": "SK", "label": "SK", "value": 0.012 }, { "name": "Others", "label": "Others", "value": 0.1282 } ], "source_url": "/indicators/industry/trade/norway-furniture-imports-by-country/" }, "extra_graphs": [], "metric_card_ids": [ "import_share", "imports_yearly" ], "supplemental_table_ids": [ "imports_latest_rows", "import_partner_development", "import_partner_latest_rows", "import_share_peer_comparison", "import_share_latest_rows" ], "indicator_refs": [ 10, 5, 6 ] }, { "id": "macroeconomics", "title": "Macroeconomics", "summary": "Housing activity and consumer confidence give demand context for furniture and home-related categories.", "main_indicator": "housing_market_activity", "main_graph": { "id": "housing_market_activity_main_graph", "indicator_key": "housing_market_activity", "indicator_ref": 7, "title": "Norway Housing Market Activity", "chart_type": "line", "series_type": "single", "x_axis_label": "", "y_axis_label": "Index [2019=100]", "legend": false, "data": [ { "date": "2016-01-01", "geo": "NO", "value": 92.03 }, { "date": "2016-02-01", "geo": "NO", "value": 94.08 }, { "date": "2016-03-01", "geo": "NO", "value": 94.78 }, { "date": "2016-04-01", "geo": "NO", "value": 96.99 }, { "date": "2016-05-01", "geo": "NO", "value": 97.88 }, { "date": "2016-06-01", "geo": "NO", "value": 101.12 }, { "date": "2016-07-01", "geo": "NO", "value": 98.42 }, { "date": "2016-08-01", "geo": "NO", "value": 99.01 }, { "date": "2016-09-01", "geo": "NO", "value": 96.78 }, { "date": "2016-10-01", "geo": "NO", "value": 98.45 }, { "date": "2016-11-01", "geo": "NO", "value": 97.61 }, { "date": "2016-12-01", "geo": "NO", "value": 99.49 }, { "date": "2017-01-01", "geo": "NO", "value": 100.31 }, { "date": "2017-02-01", "geo": "NO", "value": 99.45 }, { "date": "2017-03-01", "geo": "NO", "value": 99.46 }, { "date": "2017-04-01", "geo": "NO", "value": 99.54 }, { "date": "2017-05-01", "geo": "NO", "value": 97.89 }, { "date": "2017-06-01", "geo": "NO", "value": 99.21 }, { "date": "2017-07-01", "geo": "NO", "value": 101.34 }, { "date": "2017-08-01", "geo": "NO", "value": 101.14 }, { "date": "2017-09-01", "geo": "NO", "value": 97.97 }, { "date": "2017-10-01", "geo": "NO", "value": 94.26 }, { "date": "2017-11-01", "geo": "NO", "value": 94.55 }, { "date": "2017-12-01", "geo": "NO", "value": 93.93 }, { "date": "2018-01-01", "geo": "NO", "value": 95.26 }, { "date": "2018-02-01", "geo": "NO", "value": 96.74 }, { "date": "2018-03-01", "geo": "NO", "value": 95.25 }, { "date": "2018-04-01", "geo": "NO", "value": 94.42 }, { "date": "2018-05-01", "geo": "NO", "value": 92.56 }, { "date": "2018-06-01", "geo": "NO", "value": 92.04 }, { "date": "2018-07-01", "geo": "NO", "value": 93.28 }, { "date": "2018-08-01", "geo": "NO", "value": 97.78 }, { "date": "2018-09-01", "geo": "NO", "value": 99.25 }, { "date": "2018-10-01", "geo": "NO", "value": 99.59 }, { "date": "2018-11-01", "geo": "NO", "value": 98.42 }, { "date": "2018-12-01", "geo": "NO", "value": 99.71 }, { "date": "2019-01-01", "geo": "NO", "value": 101.17 }, { "date": "2019-02-01", "geo": "NO", "value": 100.0 }, { "date": "2019-03-01", "geo": "NO", "value": 98.51 }, { "date": "2019-04-01", "geo": "NO", "value": 99.47 }, { "date": "2019-05-01", "geo": "NO", "value": 100.32 }, { "date": "2019-06-01", "geo": "NO", "value": 102.57 }, { "date": "2019-07-01", "geo": "NO", "value": 102.22 }, { "date": "2019-08-01", "geo": "NO", "value": 103.7 }, { "date": "2019-09-01", "geo": "NO", "value": 103.24 }, { "date": "2019-10-01", "geo": "NO", "value": 99.46 }, { "date": "2019-11-01", "geo": "NO", "value": 96.5 }, { "date": "2019-12-01", "geo": "NO", "value": 92.83 }, { "date": "2020-01-01", "geo": "NO", "value": 93.4 }, { "date": "2020-02-01", "geo": "NO", "value": 92.9 }, { "date": "2020-03-01", "geo": "NO", "value": 96.36 }, { "date": "2020-04-01", "geo": "NO", "value": 96.72 }, { "date": "2020-05-01", "geo": "NO", "value": 99.15 }, { "date": "2020-06-01", "geo": "NO", "value": 98.89 }, { "date": "2020-07-01", "geo": "NO", "value": 100.24 }, { "date": "2020-08-01", "geo": "NO", "value": 98.64 }, { "date": "2020-09-01", "geo": "NO", "value": 98.37 }, { "date": "2020-10-01", "geo": "NO", "value": 97.23 }, { "date": "2020-11-01", "geo": "NO", "value": 97.8 }, { "date": "2020-12-01", "geo": "NO", "value": 98.38 }, { "date": "2021-01-01", "geo": "NO", "value": 97.57 }, { "date": "2021-02-01", "geo": "NO", "value": 96.22 }, { "date": "2021-03-01", "geo": "NO", "value": 94.99 }, { "date": "2021-04-01", "geo": "NO", "value": 97.97 }, { "date": "2021-05-01", "geo": "NO", "value": 97.7 }, { "date": "2021-06-01", "geo": "NO", "value": 99.44 }, { "date": "2021-07-01", "geo": "NO", "value": 92.85 }, { "date": "2021-08-01", "geo": "NO", "value": 91.31 }, { "date": "2021-09-01", "geo": "NO", "value": 91.57 }, { "date": "2021-10-01", "geo": "NO", "value": 96.45 }, { "date": "2021-11-01", "geo": "NO", "value": 96.36 }, { "date": "2021-12-01", "geo": "NO", "value": 95.27 }, { "date": "2022-01-01", "geo": "NO", "value": 94.33 }, { "date": "2022-02-01", "geo": "NO", "value": 95.84 }, { "date": "2022-03-01", "geo": "NO", "value": 96.86 }, { "date": "2022-04-01", "geo": "NO", "value": 94.1 }, { "date": "2022-05-01", "geo": "NO", "value": 96.52 }, { "date": "2022-06-01", "geo": "NO", "value": 94.61 }, { "date": "2022-07-01", "geo": "NO", "value": 96.41 }, { "date": "2022-08-01", "geo": "NO", "value": 91.96 }, { "date": "2022-09-01", "geo": "NO", "value": 92.64 }, { "date": "2022-10-01", "geo": "NO", "value": 94.61 }, { "date": "2022-11-01", "geo": "NO", "value": 95.66 }, { "date": "2022-12-01", "geo": "NO", "value": 95.07 }, { "date": "2023-01-01", "geo": "NO", "value": 91.98 }, { "date": "2023-02-01", "geo": "NO", "value": 92.62 }, { "date": "2023-03-01", "geo": "NO", "value": 90.44 }, { "date": "2023-04-01", "geo": "NO", "value": 88.22 }, { "date": "2023-05-01", "geo": "NO", "value": 86.54 }, { "date": "2023-06-01", "geo": "NO", "value": 86.36 }, { "date": "2023-07-01", "geo": "NO", "value": 87.83 }, { "date": "2023-08-01", "geo": "NO", "value": 90.25 }, { "date": "2023-09-01", "geo": "NO", "value": 90.83 }, { "date": "2023-10-01", "geo": "NO", "value": 91.87 }, { "date": "2023-11-01", "geo": "NO", "value": 91.17 }, { "date": "2023-12-01", "geo": "NO", "value": 92.31 }, { "date": "2024-01-01", "geo": "NO", "value": 93.34 }, { "date": "2024-02-01", "geo": "NO", "value": 92.88 }, { "date": "2024-03-01", "geo": "NO", "value": 91.27 }, { "date": "2024-04-01", "geo": "NO", "value": 89.03 }, { "date": "2024-05-01", "geo": "NO", "value": 86.32 }, { "date": "2024-06-01", "geo": "NO", "value": 84.32 }, { "date": "2024-07-01", "geo": "NO", "value": 86.17 }, { "date": "2024-08-01", "geo": "NO", "value": 85.3 }, { "date": "2024-09-01", "geo": "NO", "value": 87.65 }, { "date": "2024-10-01", "geo": "NO", "value": 84.08 }, { "date": "2024-11-01", "geo": "NO", "value": 84.95 }, { "date": "2024-12-01", "geo": "NO", "value": 80.6 }, { "date": "2025-01-01", "geo": "NO", "value": 81.45 }, { "date": "2025-02-01", "geo": "NO", "value": 81.06 }, { "date": "2025-03-01", "geo": "NO", "value": 87.58 }, { "date": "2025-04-01", "geo": "NO", "value": 90.06 }, { "date": "2025-05-01", "geo": "NO", "value": 90.08 }, { "date": "2025-06-01", "geo": "NO", "value": 88.44 }, { "date": "2025-07-01", "geo": "NO", "value": 86.55 }, { "date": "2025-08-01", "geo": "NO", "value": 88.54 }, { "date": "2025-09-01", "geo": "NO", "value": 86.29 }, { "date": "2025-10-01", "geo": "NO", "value": 84.78 }, { "date": "2025-11-01", "geo": "NO", "value": 83.46 }, { "date": "2025-12-01", "geo": "NO", "value": 84.05 }, { "date": "2026-01-01", "geo": "NO", "value": 84.52 }, { "date": "2026-02-01", "geo": "NO", "value": 86.7 }, { "date": "2026-03-01", "geo": "NO", "value": 86.71 }, { "date": "2026-04-01", "geo": "NO", "value": 87.9 }, { "date": "2026-05-01", "geo": "NO", "value": 86.08 } ], "source_url": "/indicators/macroeconomics/housing/norway-housing-market-activity/" }, "extra_graphs": [], "metric_card_ids": [ "housing_market_activity", "consumer_confidence" ], "supplemental_table_ids": [], "indicator_refs": [ 7, 8 ] }, { "id": "currency", "title": "Currency", "summary": "NOK/EUR gives currency context for local values, imported supply and European comparison.", "main_indicator": "exchange_rate", "main_graph": { "id": "exchange_rate_main_graph", "indicator_key": "exchange_rate", "indicator_ref": 13, "title": "NOK per EUR Exchange Rate", "chart_type": "line", "series_type": "single", "x_axis_label": "", "y_axis_label": "NOK per EUR", "legend": false, "data": [ { "date": "2015-01-01", "year": 2015, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 8.932048, "eur_per_currency": 0.11195641, "value": 8.932048, "observations": 21, "value_eur": 8.932048 }, { "date": "2015-02-01", "year": 2015, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 8.618775, "eur_per_currency": 0.11602577, "value": 8.618775, "observations": 20, "value_eur": 8.618775 }, { "date": "2015-03-01", "year": 2015, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 8.643409, "eur_per_currency": 0.11569509, "value": 8.643409, "observations": 22, "value_eur": 8.643409 }, { "date": "2015-04-01", "year": 2015, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 8.50566, "eur_per_currency": 0.11756877, "value": 8.50566, "observations": 20, "value_eur": 8.50566 }, { "date": "2015-05-01", "year": 2015, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 8.41034, "eur_per_currency": 0.11890126, "value": 8.41034, "observations": 20, "value_eur": 8.41034 }, { "date": "2015-06-01", "year": 2015, "frequency": "monthly", 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"exports_by_country", "indicator_ref": 12, "columns": [ "name", "value" ], "rows": [ { "name": "DK", "label": "DK", "value": 0.172 }, { "name": "US", "label": "US", "value": 0.1555 }, { "name": "SE", "label": "SE", "value": 0.1471 }, { "name": "GB", "label": "GB", "value": 0.0824 }, { "name": "DE", "label": "DE", "value": 0.0616 }, { "name": "CN", "label": "CN", "value": 0.0573 }, { "name": "FR", "label": "FR", "value": 0.0428 }, { "name": "NL", "label": "NL", "value": 0.0331 }, { "name": "JP", "label": "JP", "value": 0.0302 }, { "name": "BE", "label": "BE", "value": 0.0202 } ] }, { "id": "exchange_rate_latest_rows", "title": "NOK/EUR latest months", "summary": "", "indicator_key": "exchange_rate", "indicator_ref": 13, "columns": [ "date", "value" ], "rows": [ { "date": "2026-02-01", "year": 2026, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 11.3206, "eur_per_currency": 0.08833454, "value": 11.3206, "observations": 20, "value_eur": 11.3206 }, { "date": "2026-03-01", "year": 2026, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 11.16575, "eur_per_currency": 0.08955959, "value": 11.16575, "observations": 22, "value_eur": 11.16575 }, { "date": "2026-04-01", "year": 2026, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 11.03319, "eur_per_currency": 0.09063562, "value": 11.03319, "observations": 20, "value_eur": 11.03319 }, { "date": "2026-05-01", "year": 2026, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 10.79355, "eur_per_currency": 0.09264792, "value": 10.79355, "observations": 20, "value_eur": 10.79355 }, { "date": "2026-06-01", "year": 2026, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 11.033795, "eur_per_currency": 0.09063065, "value": 11.033795, "observations": 22, "value_eur": 11.033795 }, { "date": "2026-07-01", "year": 2026, "frequency": "monthly", "currency": "NOK", "currency_name": "Norwegian krone", "currency_per_eur": 11.166808, "eur_per_currency": 0.08955111, "value": 11.166808, "observations": 13, "value_eur": 11.166808 } ] } ], "crawl": { "type": "country_furniture_market_hub", "canonical_url": "https://www.furnilytics.com/market/norway-furniture-market-hub/", "json_url": "https://data.furnilytics.com/market-hubs/norway-furniture-market-hub.json", "title": "Norway Furniture Market Hub", "meta_title": "Norway Furniture Market Hub | Furnilytics", "meta_description": "Monthly Norway furniture market hub with consumer demand, retail turnover, production, imports, import share, producer prices, NOK/EUR, confidence and product-search indicators.", "country": { "name": "Norway", "geo": "NO", "role": "import-exposed non-euro furniture demand market" }, "market": { "name": "Furniture", "scope": "Furniture retail, production, consumer demand, imports, exports, exchange-rate and demand context" }, "market_data_updated_at": "2026-07-20", "refresh_frequency": "monthly", "executive_summary": "Norway stands as an import-exposed non-euro furniture demand market, characterized by strong household purchasing power and a high reliance on international sourcing. The consumer market size is recovering, reflecting a notable annual growth, while retail turnover is expanding, supported by a 6.0% increase in the last six months. However, the production sector faces pressure, indicating challenges in domestic manufacturing amidst a backdrop of elevated producer prices and a high import share of 87.5% [1]. Retail 6-month momentum is +6.0% year over year, supporting a positive near-term demand read. [2] Housing market activity remains below the 2019 baseline, suggesting a stabilizing but cautious environment for consumer demand. This is compounded by weakening consumer confidence, which poses a headwind for future retail performance. Despite a stronger local currency against the euro, the dynamics of import reliance and housing activity will continue to shape market conditions in Norway [5]. The NOK/EUR exchange rate is 11.2 NOK per EUR, which frames euro-denominated comparisons and export competitiveness. [13]", "key_measurements": [ { "metric": "Consumer market size", "latest_value": "38.5 billion Norwegian kroner (3.3 billion euro)", "status": "Recovering", "context": "+11.1% annual change", "source_ref": 1 }, { "metric": "Retail market size", "latest_value": "39.1 billion Norwegian kroner (3.3 billion euro)", "status": "Expanding", "context": "+6.0% six-month YoY", "source_ref": 2 }, { "metric": "Production market size", "latest_value": "11.3 billion Norwegian kroner (1.0 billion euro)", "status": "Under pressure", "context": "-1.9% six-month YoY", "source_ref": 3 }, { "metric": "Producer price index", "latest_value": "140.7 index points", "status": "Elevated pressure", "context": "+3.3 pp six-month YoY", "source_ref": 4 }, { "metric": "Import share", "latest_value": "87.5%", "status": "High dependence", "context": "-0.4 pp recent change", "source_ref": 10 }, { "metric": "Furniture imports", "latest_value": "19.0 billion Norwegian kroner", "status": "Expanding", "context": "1.7% below 2022 peak", "source_ref": 5 }, { "metric": "Housing market activity", "latest_value": "86.1 index points", "status": "Below baseline; broadly stable", "context": "-14 pts vs 2019", "source_ref": 7 }, { "metric": "Consumer confidence", "latest_value": "-10.4 points", "status": "Weakening", "context": "-1.7 pp recent change", "source_ref": 8 }, { "metric": "Product search trend", "latest_value": "155.2 index points", "status": "Softening", "context": "15.2% below 2025 peak", "source_ref": 9 }, { "metric": "NOK/EUR exchange rate", "latest_value": "11.2 NOK per EUR", "status": "Local currency stronger", "context": "-5.8% YoY", "source_ref": 13 } ], "sections": [ { "id": "market_size", "title": "Market Size & Consumption", "main_indicator": "consumer_market_size", "summary": "Norway's furniture consumer market is currently valued at 38.5 billion Norwegian kroner (3.3 billion euro), reflecting a recovering trend with an annual change of +11.1% [1]. This recovery indicates a positive shift in consumer demand, which is critical for both retail and production sectors as they adapt to changing market dynamics and consumer preferences. The market size has shown consistent growth, with projections indicating an increase to 34.7 billion Norwegian kroner (approximately 3.0 billion euro) by 2024 and further to 38.5 billion Norwegian kroner (3.3 billion euro) by 2025 [1]. This upward trajectory suggests a stabilizing demand environment, which may enhance import opportunities and influence sourcing strategies within the furniture sector." }, { "id": "retail", "title": "Retail & Demand", "main_indicator": "retail_turnover", "summary": "The Norwegian furniture retail market is currently expanding, with a retail market size of 39.1 billion Norwegian kroner (3.3 billion euro) and a year-over-year growth of 6.0% as of the latest data [2]. This growth reflects a robust consumer demand environment, although product search trends indicate a softening, currently at 155.2 index points, which is 15.2% below the peak observed in 2025 [9]. The upward trajectory in retail turnover suggests a positive outlook for furniture production and supply chains in Norway, despite the recent decline in product search activity. The market's import-exposed nature necessitates careful monitoring of global supply conditions and exchange-rate fluctuations, which could impact future demand dynamics and sourcing strategies [2]." }, { "id": "industry", "title": "Industry & Production", "main_indicator": "production_turnover", "summary": "Norway's furniture production market is currently under pressure, with a production market size of 11.3 billion Norwegian kroner (1.0 billion euro) reflecting a year-on-year decline of 1.9% over the past six months [3]. This contraction indicates challenges in consumer demand and retail dynamics, which may impact overall market stability and growth prospects in the near term. The producer price index stands at 140.7 index points, showing elevated pressure with a 3.3 percentage point increase year-on-year [4]. This rise in producer prices suggests that manufacturers are facing increased costs, which could further strain profit margins and influence pricing strategies in the retail sector, potentially affecting consumer purchasing behavior." }, { "id": "supply_chain", "title": "Trade & Supply Chain", "main_indicator": "imports_by_country", "summary": "Norway's furniture market exhibits a high dependence on imports, with an import share of 87.5% [10]. This significant reliance underscores the strategic importance of sourcing from key partner countries, particularly China and Sweden, which together account for approximately 33% of total imports [6]. The expanding import value, currently at 19.0 billion Norwegian kroner (approximately 1.7 billion euros), reflects a slight decline of 1.7% from the 2022 peak, indicating a potential stabilization in demand amidst fluctuating market conditions [5]. The concentration of imports from a few countries poses both opportunities and risks for Norway's furniture sector. With China and Sweden currently set to remain dominant suppliers, their respective contributions of 16.72% and 16.29% to total imports [6] highlight the need for strategic partnerships to mitigate supply chain vulnerabilities. As Norway navigates its import-exposed market dynamics, understanding these supplier relationships will be crucial for maintaining a resilient furniture retail environment." }, { "id": "macroeconomics", "title": "Macroeconomics", "main_indicator": "housing_market_activity", "summary": "Norway's housing market activity is currently at 86.1 index points, indicating a broadly stable environment but below the baseline, reflecting a decline of 14 points compared to 2019 [7]. This stability in housing market activity suggests a cautious consumer sentiment, which may impact furniture demand as housing trends often correlate with retail performance in the furniture sector. The current conditions may lead to a more selective consumer base, affecting both retail and production strategies in the Norwegian furniture market. Consumer confidence in Norway has weakened, currently sitting at -10.4 points, with a recent change of -1.7 percentage points [8]. This decline in consumer confidence can exert downward pressure on furniture demand, as consumers may prioritize essential purchases over discretionary spending. The interplay between the weakening consumer sentiment and stable housing market activity could create a challenging environment for furniture retailers, necessitating adaptive strategies to maintain market share and respond to shifting consumer priorities." }, { "id": "currency", "title": "Currency", "main_indicator": "exchange_rate", "summary": "Norway's furniture market operates within a context of a stronger local currency, with the NOK/EUR exchange rate currently at 11.2 NOK per EUR, reflecting a 5.8% year-over-year increase. This strengthening of the Norwegian krone may influence import costs, potentially making foreign furniture products more expensive for consumers and retailers, thereby impacting overall demand dynamics in the market [13]. The exchange rate trend indicates a significant increase from 8.93 NOK per EUR in 2015 to the current level, suggesting a long-term appreciation of the krone. This trend may lead to increased pressure on local producers to remain competitive against imported goods, as the cost of imports rises, which could affect production strategies and sourcing structures within the Norwegian furniture sector [13]." } ], "source_count": 13 }, "notes": [ "The hub is a composition layer over existing indicator JSON files. Indicator pages remain the canonical source pages for methodology, charts and source-specific notes.", "Norway is configured as an import-exposed non-euro market hub. Local-currency values are used where available, with euro equivalents used for European comparison." ] }