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Montenegro Art Industry Outlook 2022 - 2026

See how Montenegro Art performed compared to key markets such as the United States, the United Kingdom and Switzerland.

Key Market Indicators

With $20,800 in 2018, Uruguay came ahead with $133,880. The UK, Switzerland and the United Arab Emirates respectively ranked numbers 2, 3 and 4 in this ranking. Montenegro's work of art imports are projected to reach $5,760 by 2026, a 51.1% decrease year-on-year from the 2021 figure of $236,900. This marks a 25.5% drop since 2011. In 2021, Montenegro was ranked 93rd in the world, with Uruguay coming in first with $236,900. The UK, Switzerland, and the United Arab Emirates took the second, third, and fourth places respectively. In 2018, Montenegro's work of art exports stood at $20,800, down 84.5% from the 2017 figure of $133,880. Since 2011, supply has decreased by 35.1% year-on-year. Uruguay came in first with $133,880, while the UK, Switzerland, and the United Arab Emirates ranked second, third, and fourth respectively.

Montenegro Art Market Data and Forecasts

How much will Montenegro Art Market grow to 2026?

Forecast: Work of Art Exports from Montenegro
Forecast: Work of Art Imports to Montenegro
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