Key Market Indicators
Demand for cosmetics in Montenegro is expected to reach $46 million by 2026, increasing by an average of 1.6% annually since 2021. This year, Montenegro was ranked 114th in the world in terms of imports, after Malta overtook with $39 million. China, Germany and the United Kingdom were the top three countries in the ranking. Exports of cosmetics from Montenegro are expected to reach $4 million by 2026, growing at an average rate of 2.9% annually since 2021. This year, Montenegro was ranked 102nd in the world, with Andorra overtaking with $3 million. The United States, Germany and Ireland were the top three countries in the ranking.
