Key Market Indicators
Demand for Montenegrin microwave ovens is set to decline by 1.3% year-on-year on average, reaching 4,560 units by 2026. Since 2011, the country has seen an increase of 2.3% in demand for the product. Exports of Montenegrin microwave ovens fell by 28.4% in 2021, reaching 6.12 units from 8.55 units in 2020. Since 2011, the country's supply of the product has decreased by 30.6% year-on-year. Montenegro was ranked 84th in 2021, with Lesotho overtaking the country at 6.12 units. Malaysia, Thailand and Belarus ranked 2nd, 3rd, and 4th respectively.
