Wooden office furniture market in Norway

Earlier Report Observations

Between 2018 and 2019, the Norwegian wooden office furniture market expanded modestly from 86.7 million USD to 88.7 million USD. This growth was driven by increased employment, heightened oil sector activity, and robust public sector demand, while currency fluctuations and housing market trends also affected consumer spending and competitive dynamics.

The market contracted to 75.0 million USD in 2020, influenced by a decline in residential and commercial construction alongside weaker municipal budgets during the early pandemic. However, from mid-2020, a surge in remote work created strong demand for home office furniture, leading to a record recovery in 2021 when the market size jumped to 96.3 million USD. This peak was supported by sustained COVID-related demand and significant annual public procurement of office furniture, while industry attention turned to circular economy practices to reduce waste.

Market growth stalled in 2022 at 95.7 million USD as higher interest rates made durable goods like furniture less affordable, and the industry reported zero growth. An increased policy focus on sustainability and reuse in public tenders emerged as a key market theme. These factors, combined with post-pandemic normalization, contributed to subsequent declines, with the market falling to 84.9 million USD in 2023 and 81.5 million USD in 2024.

Production wooden office furniture in Norway

In value, 2018-2021, K $ US

In 2021, Norway's wooden office furniture production was valued at 25 526 thousand US dollars, marking a 47.0% increase from 2020. Over the period from 2018 to 2021, production grew by 47.9%, which translates to an annualized growth rate of 13.9%. The most significant decline occurred in 2020, with a drop of 23.8%.

Annual dynamics of production in Norway in value, 2018-2021, K $ US

In kind, 2018-2021, unit

Market performance showed notable fluctuations during this period. Production volumes varied significantly, with a 7.5-fold difference between the low in 2018 and the high in 2019. In 2021, Norway produced 16 847 units of wooden office furniture, representing a substantial increase of 242.6% compared to the previous year. The peak was recorded in 2019 at 22 606 units. The largest decline occurred in 2020, falling by 78.2%, while the most significant increase was in 2019, rising by 649.3%.

Annual dynamics of production in Norway in kind, 2018-2021, unit

Exports wooden office furniture from Norway

Exports in kind, K unit

Market behavior was characterized by volatility during these years. Exports reached their lowest point in 2020 and peaked in 2021, showing a 2.4-fold swing between these years. In 2021, wooden office furniture exports from Norway amounted to 16.1 thousand units, reflecting a sharp year-over-year increase of 138.9%. The minimum value was recorded in 2020 at 6.8 thousand units, with the largest decline that year at 7.6%.

Annual dynamics of product's exports from Norway in kind, 2018-2021, K unit

From 2018 to 2021, Sweden and Denmark together accounted for 80.8% of total exports in kind, while other countries formed a diversified but less significant portion of the export market.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Norway in kind, 2018-2021

Exports in value, K $ US

In 2021, the value of wooden office furniture exports from Norway stood at 1 108 thousand US dollars, up by 24.0% year-over-year. Between 2018 and 2021, exports increased by 5.4%, equating to an annualized growth rate of 1.8%. The minimum value was recorded in 2020 at 894 thousand US dollars, while the maximum was in 2019 at 1 215 thousand US dollars. The largest decline occurred in 2020, with a drop of 26.5%.

Annual dynamics of product's exports from Norway in value, 2018-2021, K $ US

From 2018 to 2021, the leading destinations for Norway's wooden office furniture exports in value terms were Sweden, accounting for 53.3% of exports, Denmark at 8.7%, and the United Kingdom at 4.0%. Together, these three countries represented 66.1% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Norway in value, 2018-2021

Imports wooden office furniture to Norway

Imports in kind, K unit

Norway's wooden office furniture import volume increased for the second consecutive year. In 2021, Norway imported approximately 708.4 thousand units, which is 6.9% higher than in 2020. Over the period from 2018 to 2021, imports grew by 13.9%, translating to an annualized growth rate of 4.4%. The minimum value was recorded in 2019 at 596.4 thousand units, with the largest decline that year at 4.1%. The most significant increase occurred in 2020, rising by 11.1%.

Annual dynamics of product's imports to Norway in kind, 2018-2021, K unit

From 2018 to 2021, the principal sources for Norway's wooden office furniture imports in kind were Sweden, accounting for 51.6% of imports, Lithuania at 17.1%, and Poland at 10.1%. Together, these three countries made up 78.8% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Norway in kind, 2018-2021

Imports in value, K $ US

After a two-year reduction, Norway's wooden office furniture import volume increased. In 2021, imports totaled 71 843 thousand US dollars, up by 22.9% from the previous year. The minimum value was recorded in 2020 at 58 476 thousand US dollars, with the largest decline that year at 12.9%.

Annual dynamics of product's imports to Norway in value, 2018-2021, K $ US

Throughout 2018 to 2021, Sweden played the leading role in Norway's wooden office furniture imports in value terms, accounting for 45.8% of imports, followed by Lithuania at 13.1% and Denmark at 11.3%. Together, these three countries accounted for 70.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Norway in value, 2018-2021