Key Market Indicators
**Norwegian Jewelry Import Projections** Norwegian jewelry imports are projected to reach approximately €54.6 million by 2028, up from €48.1 million in 2023. This marks an average annual growth rate of 2%. Despite this growth, Norwegian demand has declined by an average of 1.4% annually since 2009. In 2023, Norway was ranked 21st in jewelry imports, with Slovakia surpassing it at €48.1 million. The leading countries in this ranking were the United Kingdom, France, and Italy, occupying the second, third, and fourth positions respectively. **Norwegian Jewelry Export Growth** Norwegian jewelry exports are expected to climb to about €10.9 million by 2028, a significant rise from €5.2 million in 2023. This represents an impressive average annual growth rate of 11.4%. Since 2009, Norwegian jewelry supply has surged by 24.3% year on year. In 2023, Norway was ranked 29th in jewelry exports, with Slovakia ahead at €5.2 million. The top exporters in this category were Italy, the United Kingdom, and France, ranking second, third, and fourth respectively. **Norwegian Jewelry Sales Forecast** The Norwegian jewelry market is forecasted to reach approximately €54.9 million by 2028, down from €59.3 million in 2023. This indicates an average annual decline of 1.2%. Since 2013, the market has seen a minimal growth rate of 0.1% year on year. In a separate projection, Norwegian jewelry sales are anticipated to fall to about €47.7 million by 2028, from €55.3 million in 2023. This represents an average annual decline of 2.4%. Since 2015, the market has been decreasing at an average rate of 1.3% per year.
