Key Market Indicators
Montenegro's antibiotics import is projected to hit approximately $4.3 million by 2028, up from around $3.6 million in 2023. This marks an average annual growth rate of 2.5%. Since 2011, the country's demand for antibiotics has surged by an average of 7.7% each year, reflecting a steady increase in import needs. On the export front, Montenegro saw its antibiotics exports climb to $17,400 in 2018, a significant rise from $13,200 in 2017. This represents a 32.1% increase year-over-year. However, despite this recent uptick, the long-term trend shows a decline in Montenegro's antibiotics supply, which has decreased by an average of 6.3% annually since 2011.
