The Norwegian furniture industry generated an increasing revenue in the past years. It grew from almost 15.1 billion Norwegian kroner in 2008 to roughly 18.4 billion Norwegian kroner in 2017. In this year, the furniture retailer IKEA made the highest revenue in Norway with around 7.4 billion Norwegian kroner. Second ranked was Bohus, whose revenue was much lower, amounting to approximately 2.2 billion Norwegian kroner. In the revenue ranking, Skeidar, JYSK, Møbelringen and Fagmøbler followed.
Which sector generated the highest revenue?
In 2017, the retail sale of furniture generated a revenue of 18.4 billion Norwegian kroner. It was ahead of the category “furniture and interior trade apart from the specialized trade”. This sector’s revenue amounted to about 5.8 billion Norwegian kroner. By comparison, the retail sale of curtains made the lowest revenue with 29 million Norwegian kroner.
International trade
Norway’s import value of furniture increased in recent years, while the value of exported furniture decreased overall. As of 2018, the import value of furniture into Norway peaked at almost 15 billion Norwegian kroner. In the same year, the export value from Norway was 2.3 billion Norwegian kroner.
Turnover of the furniture industry in Norway from 2008 to 2017
(in million NOK)
Characteristic
Turnover in million NOK
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Virke. (May 28, 2018). Turnover of the furniture industry in Norway from 2008 to 2017 (in million NOK) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/681732/furniture-industry-turnover-in-norway/
Virke. "Turnover of the furniture industry in Norway from 2008 to 2017 (in million NOK)." Chart. May 28, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/681732/furniture-industry-turnover-in-norway/
Virke. (2018). Turnover of the furniture industry in Norway from 2008 to 2017 (in million NOK). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/681732/furniture-industry-turnover-in-norway/
Virke. "Turnover of The Furniture Industry in Norway from 2008 to 2017 (in Million Nok)." Statista, Statista Inc., 28 May 2018, https://www.statista.com/statistics/681732/furniture-industry-turnover-in-norway/
Virke, Turnover of the furniture industry in Norway from 2008 to 2017 (in million NOK) Statista, https://www.statista.com/statistics/681732/furniture-industry-turnover-in-norway/ (last visited August 25, 2024)
Turnover of the furniture industry in Norway from 2008 to 2017 (in million NOK) [Graph], Virke, May 28, 2018. [Online]. Available: https://www.statista.com/statistics/681732/furniture-industry-turnover-in-norway/