Key Market Indicators
Montenegrin imports of aromatic products saw a significant decline in 2023, dropping to approximately $264 million. This marks a sharp decrease of nearly 27% from the previous year's figure of about $361 million. Despite the recent downturn, the long-term trend shows a notable increase in demand. Since 2011, Montenegro's appetite for aromatics has surged by over 46% annually, highlighting a growing market over the past decade.