Key Market Indicators
Montenegro was number 74 in 2021, Botswana overtook with $79,300. Germany, France and Italy respectively ranked numbers 2, 3 and 4 in this ranking. Montenegrin leather goods imports are projected to reach $3.6 million by 2026, up from $3.1 million in 2021. This is an average annual growth rate of 2.5%. Demand for this product in Montenegro has risen 14.5% since 2011. In 2021, Montenegro was ranked 75th, overtaken by Botswana at $3.1 million. Germany, France and Italy were ranked 2nd, 3rd and 4th respectively. Meanwhile, exports of Montenegrin leather goods are expected to reach $92,030 by 2026, up from $79,300 in 2021. This is an average annual growth rate of 2.5%. Supply of this product in Montenegro has dropped 4.3% since 2011. In 2021, Montenegro was ranked 74th, overtaken by Botswana at $79,300. Germany, France and Italy were ranked 2nd, 3rd and 4th respectively.
