Key Market Indicators
Norwegian Footwear Sales Drop 20% to €2.8 Million in 2023 Norwegian footwear sales have taken a significant hit, plummeting to €2.8 million in 2023. This marks a 20% decline from the previous year's total of €3.5 million. The Norwegian market has been on a downward trajectory for a decade, decreasing by an average of 14.6% annually since 2013. This downturn has seen the country slide to 23rd place in global rankings for footwear sales this year. In 2023, Latvia surpassed Norway with identical sales figures of €2.8 million. Meanwhile, Spain, Germany, and Portugal secured the top three spots in the ranking, respectively.