Romania leads the European Turnover Index for Household Goods Wholesale in 2024, followed by Bulgaria and Lithuania, indicating strong market growth. Norway also demonstrates robust growth with a notable increase. Notably, Germany, a key market, shows moderate growth, while Italy lags with minimal expansion. Over the last two years, Romania and Norway exhibited the highest year-on-year growth, with variations exceeding 12%, whereas Italy observed minimal growth. The five-year compound annual growth rate shows these countries outperforming the European average.
Future trends to watch for include continued growth in Eastern Europe, spearheaded by Romania and Bulgaria. The Nordic region, especially Norway, is also expected to show continued positive trends, driven by economic resilience. In contrast, Southern and Western European markets might experience slower growth due to economic uncertainties and mature market conditions. Monitoring technological advancements and their impact on supply chains will be crucial for forecasting future market shifts.
Top countries in Turnover Index of Household Goods Wholesale by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 206.9 | 2022 | +13.49% | +12.44% | View data |
| 2 | 2 Bulgaria | 183.8 | 2022 | +9.99% | +10.04% | View data |
| 3 | 3 Lithuania | 174.3 | 2022 | +11.16% | +8.63% | View data |
| 4 | 4 Netherlands | 165.6 | 2022 | +8.66% | +7.29% | View data |
| 5 | 5 Norway | 164.8 | 2022 | +20.38% | +12.77% | View data |
| 6 | 6 Croatia | 155.7 | 2022 | +11.61% | +7.37% | View data |
| 7 | 7 Latvia | 147.6 | 2022 | +9.09% | +8.27% | View data |
| 8 | 8 Spain | 146 | 2022 | +14.51% | +5.24% | View data |
| 9 | 9 Germany | 139.1 | 2022 | +7.58% | +5.31% | View data |
| 10 | 10 Sweden | 136.6 | 2022 | +6.64% | +3.96% | View data |
