Key Market Indicators
Norwegian home appliance sales remained stable in 2020 at €164 million, the same as 2019. Belgium overtook Norway, coming in at number 20, while Italy, Poland and France ranked numbers 2, 3 and 4 respectively. Import of home appliances to Norway is expected to reach $170.2 million by 2026, up from $153.6 million in 2021, a growth rate of 1.7% year on year. Since 1998, demand has grown at an average of 3.3% year on year. Slovakia came in at number 27, and Germany, Japan and France ranked numbers 2, 3 and 4 respectively. Export of home appliances from Norway is expected to reach $34.3 million by 2026, up from $27.2 million in 2021, a growth rate of 3.8% year on year. Since 1998, supply has increased by 36% year on year. Thailand overtook Norway, coming in at number 33, while Germany, Malaysia and the United States ranked numbers 2, 3 and 4 respectively.