Ethnic Grocery Stores in Hamar: Current Status and Outlook

The ethnic grocery industry in Hamar is a small but dynamic sector with two registered companies. The industry has shown variation in sales and number of employees over time, with a peak in 2021 followed by a decline in 2022. There are no registered bankruptcies, but variations in operating results and operating income indicate some uncertainty. The industry falls within the service sector, which has shown stable growth in Hamar in recent years.

Sales and employees in ethnic grocery stores in Hamar (2016–2022):

Sales experienced strong growth from 2019 to 2020 (+85.6%) and from 2020 to 2021 (+18.6%), but fell by 28.1% in 2022. The number of employees increased from 2020 to 2022, but dropped to zero in 2023. This indicates some uncertainty in the industry, especially in recent years.

In Hamar, there are two companies registered within the ethnic grocery industry:

1. Leen Asia Mat Almohamad Haj Musa (Torggata 36) – Sole proprietorship, established 2022, 1 employee.
2. Tippapha Tongjan Thepower1 (Karlsvognen 12G) – Sole proprietorship, established 2020, 0 employees.

Both companies are operational, and there are no registered bankruptcies. The organizational form in both cases is ENK (sole proprietorship).

All companies within the ethnic grocery industry in Hamar are located in Hamar. There is no activity registered in other districts or municipalities. This suggests that the market is concentrated in the municipality's center, and there may be opportunities to expand to other areas within the municipality.

The industry has shown variation in operating results and number of employees over time. In 2022, one of the companies had 5 employees, while the other had 0 employees. There are no registered bankruptcies, but there is some uncertainty in the operating results. This may be due to variations in customer skills, bankruptcy risk, or changes in the market.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in ethnic grocery stores in Hamar, it is important to be aware of the variations in sales and number of employees in recent years. The industry showed strong growth in 2020 and 2021, but a decline in 2022. It is possible that the market has been affected by economic factors or bankruptcy risk. Entrepreneurs should consider establishing themselves in Hamar, but be prepared for variations in operating results and number of employees.

The broader service sector in Hamar has shown stable growth in recent years, with an increase in sales from 2016 to 2024. In 2024, the service sector had a sales volume of 13.1M NOK, which is significantly higher than what is registered for ethnic grocery stores. The service sector also has a higher number of employees, with 642 employees in 2026. This shows that the service sector is a more stable and larger sector in Hamar compared to ethnic grocery stores.

Examples of competitors in the service sector:

These companies are competitors for ethnic grocery stores and can be a challenge for new companies in the industry.

Ethnic grocery stores in Hamar are a small but dynamic sector with two registered companies. The industry has shown variation in sales and number of employees over time, but there are no registered bankruptcies. The service sector in Hamar has shown stable growth and can be a competitor for ethnic grocery stores. Entrepreneurs should consider establishing themselves in Hamar, but be prepared for variations in operating results and number of employees. SmartGrunder can help entrepreneurs find suitable addresses in Hamar for ethnic grocery stores.