Key Market Indicators
Montenegrin exports of polyurethane are expected to reach 18,450 kilograms in 2026, up from 14,200 kilograms in 2021. This represents an annual growth rate of 4.2%. Since 2015, exports have grown by 12.9% year-on-year. In 2021, Montenegro ranked 76th in the world for polyurethane exports, with Honduras at number 75. China, Italy and the United States came in at 2nd, 3rd and 4th respectively. Import of polyurethane is set to reach 278,550 kilograms by 2026, up from 226,730 kilograms in 2021. This marks a year-on-year growth rate of 3.2%. Since 2011, demand has increased by 14.5%. In 2021, Montenegro was ranked 100th in the world for polyurethane imports, with Kyrgyzstan at 99th. India, Germany and Iran came in at 2nd, 3rd and 4th place respectively.