Key Market Indicators
Montenegro's wound dressing imports are projected to reach approximately $1 million by 2028, up from about $990,000 in 2023. This represents a modest compound annual growth rate (CAGR) of 0.3%. Despite this anticipated growth, the country's demand for wound dressings has seen a decline of 2.2% per year since 2011. On the export front, Montenegro experienced a dramatic drop in wound dressing exports. In 2018, exports plummeted to just $47, a stark decrease from $914 in 2017. This marks a staggering 94.9% reduction compared to the previous year. Since 2012, Montenegrin wound dressing supply has been on a steep decline, falling by 39.1% annually.