Key Market Indicators
Demand for electric generators in Montenegro is set to rise 1% year-on-year on average over the next five years, reaching $63,500 in 2026. Since 2011, Montenegrin demand has grown 21% annually. In 2021, Montenegro came in at number 130, with Senegal ahead at $59,830. Germany, Mexico and China placed second, third and fourth, respectively. Export of electric generators from Montenegro stood at $1,330 in 2017, before dropping 1% to $1,320 in 2018. The country was number 109 in 2018, with Saint Lucia surpassing at $1,320. The US, France and Japan placed second, third and fourth, respectively.
