Key Market Indicators
Montenegrin demand for hair care products is expected to reach $6.9 million by 2026, an average of 0.3% growth year-on-year from 2021's $6.8 million. Since 2011, demand has grown by 1.7% year-on-year. Montenegro was the 101st largest importer in 2021, having been overtaken by Andorra at $6.8 million. The UK, Germany and China followed in 2nd, 3rd and 4th place respectively. Supply of Montenegrin hair care products is expected to reach $67,650 in 2026, increasing by 0.5% compound annual growth rate from 2021's $65,480. Since 2011, supply has declined by 12.1% year-on-year. Montenegro was 104th in the 2021 rankings, with Zambia leading at $65,480. The USA, Italy and France were 2nd, 3rd and 4th respectively.
