Key Market Indicators
The country was number 56 in 2021, South Africa overtook with $1,545,700. Italy, Belgium and Netherlands respectively were numbers 2, 3 and 4 in this ranking. Sales of leather goods in Norway are forecast to decrease from €16.4 million in 2021 to €9.6 million by 2026, representing an average annual decrease of 8.9%. Since 2012, the Norwegian market has declined by 1% each year. In 2021, Norway was ranked 29th, as Lithuania overtook with €16.4 million. Germany, France and Spain were the second, third and fourth largest markets respectively. Import of leather goods in Norway is predicted to decrease from $51,532,000 in 2021 to $49,145,000 by 2026, representing a yearly average decrease of 0.8%. Since 1998, Norwegian demand has increased by 1% annually. In 2021, Norway was 24th, with Mexico in the lead with $51,532,000. Germany, France and Italy were the second, third and fourth largest markets respectively. Exports of leather goods from Norway are forecast to decrease from $1,545,700 in 2021 to $863,460 by 2026, representing an annual decrease of 9.7%. Since 1998, Norwegian supply has decreased by 8.5% each year. In 2021, Norway was ranked 56th, as South Africa overtook with $1,545,700. Italy, Belgium and Netherlands were the second, third and fourth largest markets respectively.
