Key Market Indicators
Norwegian Lighting Sales are projected to climb to approximately €197 million by 2028, up from around €195 million in 2023. This marks a modest annual growth rate of 0.1%. Since 2014, the Norwegian market has seen a steady increase of 1.2% per year. In the rankings for 2023, Norway placed 16th, with Romania surpassing it at a similar value of €195 million. The top spots were held by the Netherlands, Italy, and the Czech Republic, respectively. Norwegian Lighting Imports are forecasted to reach about $300 million by 2028, rising from roughly $263 million in 2023. This growth translates to a 2.1% annual increase. Since 1998, the demand for imported lighting in Norway has grown by 3.5% each year. On the export front, Norwegian Lighting Exports are expected to hit nearly $39 million by 2028, up from about $35 million in 2023. This represents an annual growth rate of 1.5%. Since 1998, the country's lighting supply for export has increased by 3% annually.
