Key Market Indicators
Montenegro is set to spend €168.19 million on music by 2026, up 0.7% year on year from 2021's €146.52 million. Despite this growth, demand for music in the country has fallen by 0.2% year on year since 2011. In 2021, Montenegro ranked 37th in music expenditure, behind Kosovo which spent €146.52 million. Germany, France and Italy occupied the top three spots in the rankings, respectively.
Montenegro Music Market Data and Forecasts
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